Ferdyponz
How the pyramid works.

Minting
Minting is open to anyone - there are no whitelists. Each ponz costs -.
The cull
When minting closes the game starts. A round runs on a fixed schedule: the oracle picks living ponz at random and kills them. They get nothing - the death payout is -%. Their AVAX stays in the pool, so every survivor's slice grows.
Your slice
At any moment surrendering pays -% of the pool divided by the number of ponz still alive. Nothing is credited to you until you exit, so the number moves every time somebody leaves.
Holding
There is no hold transaction. If you never touch the contract you are holding, and you stay in the draw every round until either the game ends or the cull takes you. The only thing you can actively do is leave.
Surrender
- Credits you -% of the pool share for each ponz.
- The remainder stays in the pool for the survivors.
- Your ponz burns, which also shrinks the denominator.
- Surrendering several at once walks down the ladder - each one pays a little less than the last.
Claiming
Surrendering credits your prize inside the contract; it doesn't send AVAX. Hit Claim to withdraw whatever is owed to you, whenever you like.
Contract
Avalanche
Verified contract