Weight controls
- 12% maximum per asset
- 0.05% minimum target
- 60 / 25 / 12 / 3 tier budgets
- New rewards correct drift first
Size earns rank Liquidity earns entry
The index reads Pons launchpad provenance and five-minute market snapshots while keeping P101 permanently outside the first 100
Admission gates
Every position comes from the Pons launchpad and is displayed with current market evidence Entry is measured by provenance, trading, liquidity, and data freshness
01Verified Pons launchpad provenance
02Valid buy and sell path
03Minimum sustained liquidity
04Minimum trading activity
05Market data observed within five minutes
06Published contract and source metadata
BASE FORMULA
Market size, tempered by execution quality
rawWeight = √freeFloatMarketCap
× liquidityFactor
× volumeFactorComposition buffer
- Two qualifying reviews to enter
- Two failed reviews to leave
- Immediate pause for safety failures
- Every change keeps an audit reason
The permanent rule
- `$P101` is always position 101
- It never joins market-cap ranking
- Its basket weight remains 0%
- Reward capital never buys `$P101`