Is this the ultimate token flywheel of the era!?!?
→ Everything to know about PunkStrategy & NFTStrategy by TokenWorks
▫️ Breaking down the core loop
▫️ Flagship $PNKSTR & its recursive loop fueled by other nft strategies
▫️ The current fair launch mechanism
Breakdown 🧵
→ Basic idea of the token strategy
▫️ Two primary components of this system - ERC721 NFT & ERC20 Token
▫️ ERC20 Token trading has a 10% fee - 8% is used to buy NFTs from floor & relist that at 1.2x price
▫️ Once sold, the money is used to buy ERC20 Token and burn
forever.
→ Breaking down the core loop - PunkStrategy $PNKSTR
The core loop is simple
▫️ For every buy & sell of $PNKSTR 10% fees is taken
▫️ 20% of that goes to TokenWorks while 80% gets accumulated
▫️ As the accumulated value matches the CryptoPunk floor, the nft is purchased from the market and relisted at 1.2x the price
▫️ Once it sells, the money is used to buy $PNKSTR from the market and burned thereby reducing supply
▫️ Thus token supply reduces with each complete cycle and nft is reintroduced to the market at a higher markup
▫️ Everything is automated
▫️ The risk is reverse spiral however the nfts are not sold into bids, thereby virtually locking the nft supply as well.
Upwards trend = $PNKSTR burned <> Downwards trend = NFT locked
Theoretically the supply reduction should result in value appreciation on either side of the equation.
→ Flagship $PNKSTR & its recursive loop fueled by other nft strategies
NFTStrategy works just like the $PNKSTR core loop
▫️ Trading fees into NFT buys into token buys & burn.
▫️ The key difference here is that 10% fees go back to buy & burn $PNKSTR.
I call it the 'Royalty Burn' 🔥
▫️ This is a massive recursive mechanism for PunkStrategy as the mother strategy that is not only fueled by its own system but every system that is launched under the TokenWorks framework.
→ NFT Strategies are live!
▫️ Currently, there are 7 different NFT Strategies launched under the TokenWorks umbrella.
▫️ MoonBirds, PudgyPenguins, BAYC, Meebit, Squiggle, Toadz, DikButs
▫️ Total MCAP of ~$175M with 405 NFT held on 2nd Oct 2025
→ Current Fair Launch Mechanism
▫️ The key to fair launch at the moment is extremely high fees 95% which reduces to the base 10% over time.
▫️ This might be changed soon as per the TokenWorks team. So stay tuned for the updated version.
→ Each complete cycle means a burn event on $PNKSTR
With enough cycles, theoretically, all the supply turns to ashes.
It is a crazy loop designed to reduce supply of the erc20 tokens via burn and/or vault the erc721 nfts forever.
13.81K
118
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.