Pons founder Ozzy said on Oct. 2 that the project has officially moved into V3 mode. The update is aimed mainly at newly launched tokens, while V1 and V2 contracts will remain unchanged and existing tokens will not need any adjustments. Ozzy said the decision on whether V3 tokens should continue using a Bonding Curve will now be left to creators. He linked that change to user feedback, including concerns over limited visibility around the Bonding Curve mechanism. Ozzy also described V3 as a model designed to bring in more revenue, reduce "vampire" behavior, improve trader mechanics, and cut down on extraction, while keeping the community first.
According to BlockBeats, Pons founder Ozzy said on Oct. 2 that Pons has officially entered V3 mode.
Ozzy said V3 is mainly designed for newly issued tokens. V1 and V2 contracts will not change, and existing tokens do not need to be adjusted.
Creators will choose whether V3 tokens use a Bonding Curve
On whether V3 tokens will continue to use a Bonding Curve, Ozzy said the decision will be made by creators themselves. In response to user feedback, including concerns about limited visibility of the Bonding Curve, Pons will hand that choice to deployers.
Ozzy outlines what V3 is meant to deliver
Ozzy also said V3 will bring more revenue, less "vampire" behavior, better trader mechanics, and less extraction, while putting the community first.
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