Pull the cord
before the chart does.
Set a take-profit and a stop-loss on any pons meme. Ripcord holds the tokens and sells them on the curve the moment either price is hit, while you sleep.
Three ways out, one order.
Every exit names a price in ETH for the whole bag. Ripcord reads what the bag is worth from the curve's own reserves, every minute.
Take-profit
Sells when the bag is worth at least your price. The curve itself refuses to fill below it.
Stop-loss
Sells when the bag drops to your price, with a slippage limit you pick so a crash can't sell for nothing.
Both at once
A bracket: whichever price comes first sells the bag. Split a bag into several exits to take profit in steps.
Exits waiting right now.
Every open exit on the contract, with where its bag sits between the stop and the target.
What happens when it fires.
No server holds your tokens and no one can sell them early.
You place the exit
The tokens move into the Ripcord contract with your prices. Cancel any time and they come straight back.
Every minute
A keeper asks the contract which exits are ready. The contract checks the curve's reserves, not an outside price.
On the pons curve
A ready exit sells in one transaction with your minimum written into the sale.
ETH to your wallet
The ETH lands in your wallet in the same transaction, minus 0.5% and a tiny gas fee for the keeper.
What it costs
Nothing to place or cancel beyond gas. You only pay when an exit sells.
Questions
Can anyone sell my tokens early?
No. The contract only sells when the bag is worth at least your take-profit or at most your stop-loss, read from the curve at that moment. The owner of the contract can change fees within caps and nothing else.
What if the meme graduates to Uniswap?
Ripcord sells on the pons curve. Once a meme graduates, its curve stops trading: cancel the exit and the tokens come back to you.
Why a slippage limit on stops?
A stop sells into a falling market. The limit says how far below the stop price you still accept, 10% by default and 30% at most. If the curve can't meet it, the exit waits.
Does it need my wallet online?
No. Once placed, the exit lives on the contract and the keeper checks it every minute.
Is it audited?
No. The contract is short and its tests include real sales on a fork of Robinhood Chain, but it is unaudited. Start small.
Set the exit once.
Stop staring at the chart.
Take-profit, stop-loss or both, on any pons meme.