What is PONZI in trenches ?

PONZI tokens are tokens that have a set percentage fee on every transaction. This fee is called the tax. All tokens collected from these fees are used to reward holders. The reward mechanism can vary: lottery, jackpot, proportional distribution of SOL (or any other token chosen as the reward).

For example, if a token’s tax is 5%, you will lose 5% on every purchase, sale, or transfer of the token.

Trading PONZI tokens is often easier than trading on pump.fun because, in most cases, you already know the team behind the token and their past performance.

Let’s look at an example of a reward system with a 5-minute timer. After the token launch, all rewards accumulate in a special reward wallet. Since the token has a timer set to trigger every 5 minutes, this wallet will sell all accumulated tokens in a single transaction every 5 minutes and then distribute the proceeds to the holders.

Because of this mechanism, everyone has the chance to buy the token at a lower price, as the reward sale can significantly crash its value. For simplicity, let’s call such a sale a “stick.”

The screenshot below shows my own example with the token SRA (7Bf65R8CGLgX62oxX6UwmTWzwdvwuZiboJxCtU1nWREV). The token had a 15-minute reward system, and because its market cap quickly grew to 600k MC, the reward wallet accumulated an amount more than twice the liquidity in the pool.

This created a great opportunity: you could place limit orders before the reward “stick” moment, and if your limit order executed, you could have made several multiples in profit.

Where exactly to look for the reward sale timer—I’ll explain that later in the guide.

Currently, there is only one platform for launching Ponzi tokens— revshare.dev. Information about other Ponzi tokens has to be found manually, and only after they’ve already added liquidity in the New Pairs tab.

On the page revshare.dev/all-tokens, you can see all recently created tokens.

• The reward distribution interval. Below the token’s name, there is a countdown timer until the next reward stick.
• In the "Token Details" section, you can find all the project’s social media links.
• The minimum number of tokens you need to hold to be eligible for rewards.
• Under the main token’s contract, the name and icon of the token in which rewards will be distributed are displayed.
• The percentage split of rewards between holders and the token creator.
• Transfer Fee is the same as TAX. I recommend making sure it’s not higher than 10%.
• If a warning box appears under the token’s name stating that the creator has access to the rewards, that’s a red flag.
• In the "Distribution Info" tab, you can see the address of the reward wallet.

• If rewards are distributed in the main token itself, skip that project immediately. This model doesn’t work, and the token is doomed to fail.
• If more than 50% of the rewards go to the creator, that’s almost always a red flag. The exception is when the author offers an unconventional system and publicly explains how they plan to use their share.
• Don’t pay attention to the gold or blue checkmarks from Revshare—they currently don’t mean anything. Information about liquidity lock or burn should be checked strictly through Solscan or rugcheck.

To always have complete information about whether a token is good, you need to know how to use Solscan. If you’re not familiar with it, practice and ask ChatGPT to help you.

• Copy the token contract and paste it into Solscan. Then find the Creator section and go to their wallet.

• Always pay attention to where the wallet was funded from. Sometimes the wallet is funded through an intermediary layer, and without certain knowledge, you won’t be able to track where the funds originally came from. I recommend memorizing each intermediary layer—you’ll start recognizing patterns of different creators over time. Creators often use the same wallets repeatedly, which lets you trace their previous projects. This provides valuable information about which tokens they’ve created before. I marked with arrows on the screenshot where to check created tokens and where the wallet was funded from.

• Very often, creators transfer token supply to their other wallets or top up their balance from multiple wallets. These transactions are labeled as transfer or transfer checked. Go to each wallet and check their history—it sometimes takes reviewing dozens of linked wallets to find something interesting.

• Copy the token contract, paste it into Solscan, and go to the metadata tab. Then copy the link I pointed to with an arrow in the screenshot and paste it into your browser—there you might find links to the project’s social media.

• To check the reward wallet, you need to go to the extensions tab, which I pointed out with an arrow in the screenshot. Next, find the item withdrawWithheldAuthority, also marked with an arrow—this wallet is the reward wallet.

Let’s take an example of a token trading at a $10,000 market cap (MC), with $4,000 in the liquidity pool and tokens worth $3,000 in the reward wallet. Keep in mind that the liquidity pool always consists of 50% tokens and 50% SOL. Due to the small liquidity and a relatively large sale, the token’s price will drop sharply. As a result, the reward wallet will at best receive around $1,200–1,500, and the market cap will decrease to about $2,000 because almost all the liquidity will be affected.

Look at the number of tokens in the reward wallet. For example, if the wallet has accumulated 15% of the total supply, such a “stick” will be quite strong, and you can buy it back well. But if the amount is large in absolute terms but only 5% of the supply, it won’t have much impact on the price. When the number of tokens reaches about 30% of the total supply, the reward “stick” will consume almost all the liquidity, and you’ll be able to buy back the token roughly at the launch price.

You need to catch reward sticks with limit orders—the chance that your limit order will execute mainly depends on the fee. Experiment with the values, as it varies for each token individually.

• Ponzi tokens can use not only tax but also pool fees for rewards. For example, if the extensions section in Solscan for a token is empty, it means the token has no tax. Such tokens pay rewards through fees set by the liquidity pool. These tokens won’t have reward “sticks,” because the liquidity pool charges you in SOL, not in tokens.

• Pay attention to the wallet funding time: if it was funded just a few minutes before the token was created—that’s a red flag. If the wallet is linked to an address that previously launched a scam token—skip it. Don’t be lazy about checking all connected wallets; you might discover the creators of multi-million-dollar tokens. Also look at the tokens held by linked wallets. Just because a wallet holds a specific token doesn’t necessarily mean it created it—check how the tokens were received. Look for patterns, and use logic.

• After a token is launched, the most important thing you need to do is make sure the liquidity is either burned or locked. These transactions are marked on Solscan as initialize, lockcpliquidity, or burn. I recommend finding tokens that use each of these burn types and asking ChatGPT how they differ. After adding liquidity, the creator receives SPL tokens—these are the liquidity tokens. You need to make sure that these specific tokens were the ones that got burned.

• The bottom transaction labeled initialize is the addition of liquidity. The next transaction, burn, is the actual liquidity burn. Currently, the most common way to indicate a burn is by using the signature lockcpliqudity.

• Keep in mind that a revshare token can be created stealthily, and you might not see it on the main page. It’s very easy to work around this—but you need to think it through a little.
• A typical example of a successful token launch usually looks like this: it starts with liquidity of $500 or more, followed by an immediate burn or permanent lock of tokens. Then, a banner is paid for and links are added on dexscreener.com. At the same time, there’s active posting on Twitter and influencer promotions are launched. Always pay attention to healthy trading volume. Buying boosts and advertising on dexscreener is also a very effective marketing move.
• Don’t take on excessive risk—don’t go into a token with a large amount unless you’re 100% confident in it. You need to feel the market and watch its condition so you don’t overhold your position—or, on the other hand, sell it too early. Take profits gradually, in parts.
• Always pay attention to your slippage. For example, due to high slippage, you might end up buying a reward token at a price higher than it was before the rewards were sold—and lose money because of that.
• Don’t buy random tokens on Raydium without experience. Always check those tokens on rugcheck.xyz for freeze/mint functions. If freeze is enabled, you won’t be able to buy or sell the token—this depends on what the developer specified in the contract. The mint function allows the developer to mint any amount of tokens at any time and dump them into the market. Keep in mind that the developer can disable freeze/mint at any moment, so make sure to gain enough experience before interacting with such tokens.
• Social media plays a huge role—start by looking at Telegram, and pay attention to the quality of the creator’s account. Check Twitter as well: see when it was created, look at the followers—there might be good developers among them. Inspect the project’s website using the developer console—it might have been generated with AI, or you might find Russian words in the code. All these points together give you an overall impression, and with a bit of practice, you'll be able to evaluate a token completely in just a matter of seconds.

My telegram channel - https://t.me/fiendmain
Our ponzi chat - https://t.me/+2mBmhdU34r8xMjMy

Usefull links:
Axiom - https://axiom.trade/@fiend0103
Revshare - https://revshare.dev
Rugcheck - https://rugcheck.xyz
Solscan - https://solscan.io

Add the specified wallets to your wallet tracker. These wallets will help you keep track of new launches that you might otherwise miss. Use them as a tool for timely discovery of interesting projects, not as a signal for mindless copytrading.

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• 6AijKzRVXH6E1FiWYBCK5q1PmHBdw8mJw1RFMjhLrouw
• 2SK1G8ic31c1CyeF9uzMst8YJNnKi1mxxrb5saqjkvVh
• 5vnUSAZK5tMUfNdGfhTn1KG7fFbns4bsMAUf5PyoybWa
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• HmqcAxtmkNvGwDZ7GKimC48QHVZtzs5eocuJ7yiuw7hN
• 7b8a8EnhwsV9t8EoznRoaU6kPo918NKCqiuKv4VLRhwq
• 3fu7n9gPstZSjyD3tt6rYgAeExPAff4k6M9NcqJrJtpx
• HN7HPJhddgFEQMfpPiiEdFWZuZa2KuZxWQuReN9Smm6p
• DUd6ofY6vu6Cbhz1jzVTYdG9yHSsTC4BysRHTgAeiPd7
• C8txgVCoKcuGLpyg4ZHBvq1q17gdkWutHYURAxQxNXnD