MILANI · Milani the Giraffe
token 0x5784883b182fe88095253199da0674b4c6a8ea33
curve 0xe20cd1ebcb1f0727d2e47f43b1156b7f3b906637
| Launched | · block 69972362 · tx 0x0ec6…9839 |
|---|---|
| Launchpad | Pons V2 on Robinhood Chain (chain 4663) |
| Quote asset | ETH (native) |
| Creator tax | 200 bps (2%), on every buy and sell |
| Trade fee | 100 bps (1%), on every buy and sell |
| Deployer | 0x0ca7…02ac |
| Outcome | not graduated when we last read the curve (2026-09-24 21:00:00 UTC); last curve trade observed 2026-09-24 20:22:14 UTC |
|---|---|
| Raised at the last state | 0.0612 ETH of the 4.2 ETH graduation raise (1.5%) |
| Peak raised | 90.8% of the graduation raise |
| Price vs launch (exact curve model) | 1.07x at the last state, 10.70x at the peak |
| Curve trades observed | 344 buys, 286 sells |
A Pons V2 curve graduates when its real quote reserve reaches the graduation raise (4.2 ETH on ETH-quoted curves): the curve completes and a pool opens. Raised and price come from the exact constant-product model rebuilt from the curve's own buy, sell and fee-sweep events (fee and creator tax on both legs). From our own independent capture of public Pons V2 factory and curve events on Robinhood Chain (chain 4663), not resold data.
| measure | at 3 s after launch | latest snapshot (2026-09-23 01:00:00 UTC) |
|---|---|---|
| Holders on the curve | 7 | 35 |
| Top holder share | 78.2% | 16.1% |
| Top 5 holders share | 97.2% | 51.9% |
| Deployer holding share | 78.2% | 0.2% |
| Same-block direct-buy cluster share | 3.5% | 38.7% |
| Wallets in same-block direct-buy clusters | 2 | 15 |
| Buys sent direct to the curve | 57.1% | 66.0% |
| Buys through a terminal router | 42.9% | 34.0% |
| Held by terminal-router buyers | 87.8% | 43.9% |
| Unique buyers | 7 | 92 |
| Buys tied to a sender | 100.0% | 95.2% |
Holders are wallets with a positive balance bought on the curve (pool trades after graduation are not counted). A same-block direct-buy cluster is a set of wallets that bought directly from the curve in one 100 ms block with at least one other direct buy; matching timing does not establish coordination or common ownership. A terminal router is a trading front end's contract; routing does not identify a human or a bot.
The ring rule published with our paid cards: unique_buyers >= 8 and structure.same_block_direct_cluster_share >= 0.5.
This launch at 3 s: does not match. On the latest snapshot: does not match.
Curves matching this structure at 3 s dumped 47% of the time in the 09-07 study: a different population, not odds for this curve.
The 09-07 study is our own Pons V2 capture of 2026-09-06/07 with the structure read 3 s after launch: 14.5% of launches matched the rule, 47% of the ETH launches matching it fell to 0.6x of their price or less within 60 s (dumped), and their median ended at 0.37x its launch price. Matching timing does not establish coordination, common ownership or intent.
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