How Reanimate works
The Lab sells your ghost at whatever its own curve or pool pays today, then buys $GRAVE with the proceeds. Most ghosts return dust. The tombstone is the real prize.
What it does not do
- No subsidy and no fixed rate. A ghost is worth what its own liquidity pays, nothing more.
- No vault. Every sale and every buy goes from your wallet straight to the pons curve or the Uniswap pool. We never hold your tokens or your ETH.
- No promises. Most ghosts return dust, and the Lab says so before you sign.
Which ghosts
Only tokens launched on pons (v1 or v2). Dead and Ghost tokens qualify; Haunted tokens only with fewer than 20 transfers in the last 7 days. Alive and Zombie tokens never do. The labels are explained in How we label.
- pons v2, still on its curve: sold straight back to its own bonding curve. The curve always buys back until the token graduates. The standard fee and that token's creator fee come off the proceeds.
- pons v1: sold in its Uniswap v3 pool against WETH, and the WETH is turned into ETH.
- pons v2, graduated: not handled by the Lab. You can still bury it.
How it goes
- Your autopsy lists the eligible ghosts with their Remains (estimated ETH) and the price impact of selling.
- You sign the exact approval and the sale for each ghost from your own wallet. The ETH lands in your wallet; we are never in the middle.
- The Lab fills in the buy amount, and you sign the $GRAVE buy.
- Each ghost gets a tombstone, or its tombstone gets a line saying what it was reborn as.
Wallets that can batch transactions send every step with one confirmation. Other wallets ask for one signature per step.
The guards
- Every number is an estimate. The quote is read again right before you sign.
- Every sale has a minimum output 1% below the quote, so a quote that moves against you fails instead of filling badly.
- If a sale would move its curve or pool by more than 10%, the Lab asks you to confirm again; by more than 30%, the sale is closed and the Lab suggests burying it instead.
- If the Remains are less than 3 times the estimated gas, the Lab says it is not worth reanimating and only offers Bury.
- Approvals are for the exact amount of each sale. Never unlimited.