pone is the result of baking cornbread in an iron skillet. It is attributed to people in the backwoods country of the southeastern United States of America.
To defeat or destroy in a decisive, humiliating, and ofen sexual manner. Troublesome youths have taken to informing authority figures that it is slang for "to be given an award", so that they can use it in place of more common swear words within earshot of disciplinary characters.
That guy in the unitard got absolutely poned in the wrestling match!