PerpsHood is a token on Robinhood Chain. It launched through Pons, a bonding-curve launchpad, in partnership with AGNT, and graduated into a Uniswap V4 liquidity pool paired with ether. A 1% fee is charged on trades in that pool, and that fee is shared: a portion goes to the Pons protocol and to AGNT, and the remainder goes to the project's own engine. The engine's share is split by a fixed rule: 50% funds a leveraged perpetual position that the project describes as backing the token, 15% buys the token back and burns it, 20% is held in a multisig treasury, and 15% pays the creator. An off-chain keeper runs this automatically, and every buyback, burn, and perpetual deposit is recorded on-chain and verifiable on the block explorer.