A chrome letter-P official in a charcoal suit standing at a lectern in an empty boardroom before a blank presentation screen

FACTSHEET · AS OF TODAY · ALL FIGURES UNAUDITED

AS OF —

A DIVERSIFIED INDEX. OF ONE THING.

The S&PONS 500 measures the performance of the five hundred largest constituents of the Pons economy, weighted by free-float adjusted market capitalisation. All five hundred are $SPONS. The methodology is published below in full.

Acquire $SPONS Committee Notices Read the Methodology
  1. ¹ Past performance is not indicative of future performance, or of past performance.
  2. ² Free-float adjusted market capitalisation is calculated by the committee, from memory.
  3. ³ Figures are stated to two decimal places for the appearance of precision.

SECTION 1 — REGISTER OF CONSTITUENTS

THE REGISTER — ONE ADDRESS, ONE CONSTITUENT

The index has one constituent. It has one contract address. Both are printed below in full.

CONTRACT ADDRESS 0x116fbd72490f5afc56eef6d10c991b93f3fc1578
OFFICIAL X — @spons500 BUY ON PONS

NOTICE. Any address other than the one printed above is not in the register and is not a constituent of this index. Verify it character by character before you buy — the last four characters are the ones forgeries get wrong. The committee never DMs first, and no member of the committee will ever contact you privately.

Parody token. Not an index, not administered, not regulated, not calculated by anybody. Not affiliated with any index provider, exchange, benchmark administrator or listed company.

BENCHMARKED BY NO INSTITUTION — no fund tracks this index, no committee sits, the schedule is observed anyway

SECTION 2

Index Methodology

AS OF —
  1. 2.1

    SUPPLY

    1,000,000,000 $SPONS. The divisor is adjusted so that this figure never appears to change.

  2. 2.2

    FEES

    0/0. The index charges nothing, which is also what it delivers.

  3. 2.3

    LIQUIDITY

    Locked. Held in a custody account described in Appendix C. Appendix C is not published.

  4. 2.4

    REVIEW

    Quarterly. The committee has never removed a constituent, on the grounds that it would leave 499.

⁵ Clauses are numbered for reference. Numbering is not a ranking, and neither is rank.

SECTION 3

Index Constituents

AS OF —

INDEX CONSTITUENTS — 500 OF 500 SHOWN

RENDERED 0 / 500

RANK CONSTITUENT WEIGHT CHG
— TOTAL — 500 CONSTITUENTS 0.00% —

  1. ⁶ CHG figures are generated at random and are, in this respect, indistinguishable from the alternative.

SECTION 4

Index Construction

AS OF —
index_methodology.py — committee@spons

COMMITTEE NOTE

The committee convened. The committee adjourned.

The construction code is published in the interest of transparency. It has not been amended since launch, and could not usefully be: the only operation it performs is returning the constituent list unchanged, and the constituent list is already correct.

⁷ Reviewed quarterly. Unchanged quarterly.

SECTION 5

Review Schedule

AS OF —
PERIOD ACTION OUTCOME
Q1Annual review of constituent eligibilityNo changes.
Q2Consultation with market participantsOne response received. It was from us.
Q3Methodology enhancementClause 2.4 reworded. Meaning unchanged.
Q4Index committee electionsThe committee re-elected the committee. Turnout was total.

⁸ The schedule is published in advance because the outcome is known in advance.

COMMITTEE MEMBERS

The Committee

AS OF —
  • A chrome letter-P analyst in a dark suit holding a blank clipboard beside a filing cabinet

    JUNIOR ANALYST

    joined this quarter

    “I was asked to verify the constituent list. It took four seconds. I have been asked to verify it again every quarter since.”

  • A wide chrome letter-P executive seated at a boardroom table with hands folded, a blank screen behind

    THE LARGEST HOLDER

    0.20% weight

    “I am the largest constituent in the index. I am also the smallest. The methodology is very clear on this.”

  • A chrome letter-P figure in a rumpled suit carrying a cardboard box with a plant and a blank frame down an office corridor

    FORMERLY CONSTITUENT #501

    removed at review

    “There was a five hundred and first. There is no longer. The minutes for that meeting are in Appendix C.”

SECTION 6

Acquiring an Index Position

AS OF —
  1. 01

    Establish an account

    A wallet. The index does not custody assets on your behalf.

  2. 02

    Determine your allocation

    Only what you would be comfortable seeing in a footnote.

  3. 03

    Take a position

    Acquire $SPONS. You now hold the entire index, and also one five-hundredth of it. Check the address against the register first.

    Acquire $SPONS Verify the address

SECTION 7

Frequently Raised Points of Order

AS OF —
Are all five hundred constituents really the same token?

Yes. The index is equal-weighted, so this has no effect on the calculation.

How is this diversified?

Across five hundred positions. Diversification is a count, not an opinion.

How do I know I have the right contract address?

It is printed in full in the register, and nowhere else on this page. Any other address is not a constituent of this index. The committee never DMs first.

What is in Appendix C?

Appendix C is not published.

Wen review?

Quarterly. The outcome is available in advance.