Fees in.
NVIDIA out.
Wafer is a utility coin on Robinhood Chain with one rule etched into a contract: 1% of every trade is paid to stakers in NVIDIA Stock Tokens. WAFER trades against NVDA, so the fee arrives as NVDA and streams straight out. Lock for 30 days and earn 20x the unlocked rate.
pre-launch Launches on Pons. The WAFER address and the buy link are posted here the moment it is live.
Fee 3.00% per trade · 1% dev · 1% Pons · 1% NVDA to stakers · paired with NVDA, no swap · lock up to 20x · claim NVDA whenever · treasury owner has no withdrawal path
How it works
Four steps. Two are yours, two the treasury does by itself. Nobody has to run it; only the contract itself, or the owner by hand, can pull fees.
Trade on Pons
Every trade pays 3%: 1% Pons, 1% dev, 1% NVDA for stakers. WAFER is paired with the NVDA Stock Token, so the fee is collected in NVDA and owed to the treasury.
Auto-harvest
The treasury pulls its own fees in whenever a staker acts. Half goes to the dev wallet, half is NVDA for stakers.
Stream to stakers
The fees are already NVIDIA Stock Tokens, so nothing is swapped and nothing can be sandwiched. The stakers' half trickles out by the second, split by stake times lock multiplier.
Claim whenever
Press Claim and the NVDA you have earned lands in your wallet, whenever you want, even while your WAFER is locked. Unstake once your lock ends.
The NVDA market
A live depth ladder and swap tape from the NVDA / ETH pool on Robinhood Chain: the price of the token WAFER is paired with and pays out in. This is not a WAFER market.
| Recent swaps | Size NVDA | Price ETH | Block |
|---|---|---|---|
| Reading the book… | |||
| One trade end to end, on a mainnet fork | Contract call | Who | Amount | Status |
|---|---|---|---|---|
| Two traders buy WAFER with NVDA | PonsV2BondingCurve.buy() | any trader, paying NVDA | 2 × 11.6 NVDA | filled |
| Fees swept to escrow, in NVDA | sweepFees() | Pons operator | 0.6263 NVDA | filled |
| Escrow pulled in, dev paid in NVDA | auto-harvest | the treasury, inside the next stake | 0.3131 NVDA dev · 0.3131 NVDA kept | filled |
| Kept half streams at once, no swap | stream | the treasury | 0.3131 NVDA | filled |
| Trickled and claimed | claimRewards() | unlocked staker vs 30-day locker, claimed mid-lock | 0.0330 + 0.2802 NVDA (different stake sizes) | filled |
rehearsal Real numbers from a full run on a fork of Robinhood Chain mainnet on 2026-09-11: a real Pons launch paired with NVDA, two real NVDA trades, fees streamed with no swap, a claim made while still locked. Not mainnet history. Twenty fork tests pass, including a full NVDA-pair rehearsal on the real Pons factory. No audit has been done.
Tokenomics
Supply and graduation come from the Pons launch and are read from the factory on chain once WAFER is live. The fee split and the lock multipliers are treasury constants. No team allocation, no presale, no admin mint.
Supply and launch
The whole supply mints to the Pons bonding curve when WAFER launches. Anyone, including the creator, buys from the curve at the same price schedule. There is no allocation to the creator.
Where the 3% fee goes
Per 1 NVDA traded, 0.03 NVDA is fee: 0.01 to Pons, 0.01 to the dev wallet, 0.01 into the stakers' stream. Because WAFER is paired with NVDA the fee arrives as NVDA, so there is no swap, no slippage and no price floor to defend. The treasury splits whatever it receives in half.
Weight = stake x multiplier. Every harvest trickles to stakers by weight, so the same WAFER locked for 30 days earns twenty times what it earns unlocked, out of the same stream of NVDA.
What would your stake earn?
An estimate from assumptions you control, converted to dollars at the live NVDA price. It assumes volume and total staked stay constant, which they will not. Not a promise.
Everyone else's weight: 800M WAFER-eq
Everyone else's weight = supply staked by others x their average lock multiplier. Your share = your weight / (your weight + theirs). NVDA to stakers = volume x 1%. Once live, the staked share, the average lock and the daily volume are read from the chain and marked live; move a slider to test your own assumption.
No withdraw.
No mint.
No pause.
What the owner can do
Change the dev wallet, name an operator, and set the auto-harvest interval and minimum inside hard limits. No withdraw, no pause, no mint.
What anyone can do
Stake, unstake, claim, and read every number on this page from the chain. Nobody but the contract itself, or the owner by hand, can pull fees; the treasury does it by itself.
What is not done yet
No third-party audit, and the explorer does not yet show verified source. The rehearsal ledger above is a fork run; the treasury panel below is mainnet, read live.
Treasury, live
Every figure is read from the contracts over public RPC and refreshed every 15 seconds. When a value changes it counts to the new number and flashes like a fill.
| Recent fills | Event | Amount | Block |
|---|---|---|---|
| Reading the book… | |||
Stake. Lock longer, earn up to 20x.
Every harvest trickles to stakers by the second, split by weight. Weight is your stake times your lock multiplier. Locking only locks your WAFER: the NVDA you earn can be claimed whenever you want, as often as you want, even mid-lock.
Staking goes live after launch
WAFER launches on Pons first. The moment the treasury is deployed and fees are routed, this panel unlocks and the addresses appear under Contracts. Follow @trywafer for the go-live post.
Stake WAFER Robinhood Chain
Picking a lock length never opens your wallet; the wallet opens when you press Stake. Stake is an approval plus one transaction. Adding to a locked position re-locks the whole position for the chosen length, which must be at least the time remaining. Each stake, unstake or claim also lets the treasury pull its fees in by itself once enough has built up; you never have to run anything. When your lock runs out the multiplier returns to 1x; press Relock with a new lock to keep it.
Example: two stakers with the same amount, one unlocked and one locked 30 days, split each harvest 1 to 20. Staking after a harvest only earns the part of the stream still to come.
How a claim works. Earning is automatic: once NVDA is streaming, your share grows every second by weight. The NVDA stays in the contract under your name until you press Claim NVDA, which calls claimRewards() and sends it to your wallet. Claim any time, even mid-lock. Unclaimed NVDA never expires or gets redistributed. Unstake moves your WAFER out; press Claim as well to take the NVDA with you.
Questions people ask
Short answers, no spin.
What is WAFER, really?
A utility coin launched on the Pons launchpad on Robinhood Chain. Its utility is the fee pipe: every trade sends NVIDIA Stock Tokens to a treasury contract that streams them to stakers, with a higher rate for longer locks. The token carries no claim on NVIDIA, Robinhood or Pons, and its price is set by trading like any other coin.
What is an NVDA Stock Token?
A note issued by Robinhood on Robinhood Chain that tracks NVIDIA stock. It is an ordinary ERC-20 you can hold in any wallet and trade on Uniswap. It is not a share: no voting rights, no direct claim on the company, and it is only offered in some countries.
Where do the rewards come from?
Only from trading fees. Every WAFER trade pays 3%: 1% to Pons, 1% to the dev wallet, 1% to stakers. WAFER is paired with the NVDA Stock Token on Pons, so the fee is collected in NVDA and owed to the treasury. The treasury pulls it in by itself whenever stakers act, pays the dev wallet its half in NVDA and streams the other half to stakers. Nothing is swapped, nobody has to run it, and nobody outside the contract can. If nobody trades, nothing accrues.
How do locks and yield work?
Your weight is your stake times a lock multiplier: 1x with no lock, 2x for 2 days, 4x for 5, 8x for 10, 14x for 20 and 20x for 30 days. The curve is steep on purpose: a 30-day lock earns twenty times what the same WAFER earns unlocked, from the same stream of NVDA. Each harvest trickles to stakers by the second in proportion to weight, so staking right before a buyback only earns what is still to come. Locked positions cannot be withdrawn until they unlock; rewards can be claimed any time. When a lock runs out the boost drops back to 1x on your next action (anyone can also trigger that drop for an expired position), so relock before expiry to keep the higher rate.
How do claims work? Are they automatic?
Two different things. Pulling fees into the treasury is automatic: every stake, unstake, relock or claim on this page ends with a self-check, and if Pons escrow holds at least the minimum and an hour has passed since the last pull, that same transaction pulls the NVDA in, pays the dev wallet its half and starts streaming the other half. Nobody runs a bot. Your rewards then accrue by the second. Getting them into your wallet is one click: Claim NVDA calls claimRewards(), works any time including mid-lock, and nothing is lost by waiting.
What can the owner do to my stake?
Nothing. The contract has no function that moves staked WAFER or stakers' NVDA anywhere except to the staker who owns them. The owner can change the dev wallet, who may run a manual harvest, and the harvest policy within hard limits. There is no pause, no mint and no withdraw, and no function that can move NVDA anywhere but to the dev wallet's share and to stakers.
What can go wrong outside the contract?
Three things Wafer does not control. Pons's fee-sweep operator has to move fees from the curve or pool into escrow before the treasury can pull them; if it stops, fees wait. Pons's own multisig can redirect any launch's creator fee with three days' on-chain notice. And NVDA is a Robinhood-issued token that Robinhood can pause, upgrade or block per address; if the treasury were ever blocked, NVDA rewards would freeze but staked WAFER could still be withdrawn, which is tested on a mainnet fork. The website itself cannot move funds: every stake or claim is a transaction you sign against the verified treasury address shown in Contracts.
Is it audited?
No. The contract is under 350 lines of Solidity with twenty-one tests that run against a fork of Robinhood Chain mainnet, including a full rehearsal on the real Pons factory. That is evidence, not an audit. Treat it accordingly.
Why is WAFER paired with NVDA?
Buying WAFER means paying in NVDA Stock Tokens, and the 1% staker fee is collected in the same NVDA. That removes the weakest link of a buyback coin: there is no swap to front-run, no slippage and no price floor to defend. The book on this page is the NVDA / ETH pool, the market that prices the token you pay with and earn.
What happens at graduation?
Once the curve reaches its graduation threshold (set by Pons for the launch; shown in Tokenomics once WAFER is live), Pons moves the reserves into a full-range Uniswap V4 pool and locks the liquidity position permanently. Trading continues there with the same creator fee, collected by the Pons hook and paid to the treasury in NVDA, so stakers keep earning after graduation.
Contracts
Verify everything on the explorer. The treasury has no function that moves staked WAFER or stakers' NVDA anywhere but to stakers.
WAFER is a utility coin whose utility is the fee pipe described on this page; it carries no claim on any company and its price is set by trading. NVDA Stock Tokens are notes issued by Robinhood that track NVIDIA stock; they are not shares, carry no voting rights, and are only available in some countries. Fees depend on other people trading. The book above is the NVDA / ETH pool, not a WAFER market. The calculator is an estimate under assumptions you set. Nothing on this page is investment advice.