TokenWorks™
@token_works
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A playground for onchain financialized ideas. Latest project: https://t.co/3p9AY0ZbR1
Joined December 2024
Introducing NFTStrategy: A Perpetual Machine for every NFT collection PunkStrategy started as an art project, and turned into a whole new token meta. It was bound to be forked, and we felt like we should create a way to launch your own while still being permissionless and safe
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PunkStrategy has purchased Punk #1311 for 34.30Ξ PunkStrategy is currently holding 34 CryptoPunks bought for a total of 1574.77Ξ Even on days like today, the Token Works
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$CHMPSTR ecosystem recap 🏯 Over the past month, $222K has been deployed across the ecosystem, powering the Dojo Treasury Highlights: - 48.3Ξ generated from Strategy fees - 40.3M $CHMPSTR accumulated - 11 Chimpers + 1 Genesis acquired (12.4Ξ / $46K) - 97.6K $PNKSTR + 2.9M
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✨ Enforced Royalties ✨ As a member of the class of 2025, GVC has the benefit of a 5% enforced royalty fee on all NFT trades. Over the weekend, we used those fees and injected 26.7Ξ worth of buys into $VIBESTR and Strategy-listed GVCs, representing 25% of our NFT royalty
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Here is recap of $VIBESTR: - So far @goodvibesclub team spent 78 ETH ($334,676) to buy $VIBESTR from their pocket. - Also they spent 30.36 ETH ($119,760) (1% of protocol fees from $VIBESTR) to buy back $VIBESTR - Total 108,66 ETH ($454,436) spent to buy back $VIBESTR for the
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RektStrategy has 10 open $REKT positions each containing 0.01% of the token supply. These positions will be sold at a profit if the price of $REKT increases enough, and the resulting ETH will buy and burn $REKTSTR. The Yoyo™ Works
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if u had strategies for NFTs in 2021 it would have absolutely killed it would have created mega demand/volume in a rising market which is what you need (as opposed to an exit liquidity vehicle) what could be interesting imo is strategy on a coin that people want to hold and
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First buy of $REKT in the door from $REKTSTR fees. Arb bots hard at work
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As trading fees accumulate, the amount that the Strategy will pay for 0.01% of $REKT increases. Bots will take the arbitrage by buying REKT from Liquidity Pools and selling into our bid. This mechanism is permissionless, onchain, and uses no oracles.
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Small issue on the frontend build, give us a few minutes and RektStrategy will be deployed afterwards.
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$REKTSTR will launch at 1pm EST Reminder: the buy tax will start at 99% and drop 1% each minute.
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Tomorrow we’re launching the first ERC20 Strategy: $REKTSTR As trading fees accumulate, the protocol will buy 0.01% of the $REKT supply as a bundle, and relist the bundles of tokens 20% higher. Strategies will work for all tokenized assets. As we gear up for a larger platform
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5% of $PNKSTR has been burned so far from Punk sales and NFTStrategy trades! Exciting week ahead™
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PunkStrategy has purchased Punk #1738 for 39.19Ξ PunkStrategy is currently holding 33 CryptoPunks bought for a total of 1574.77Ξ
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OtherdeedStrategy is now live.
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OtherdeedStrategy has a custom fee structure. 8% buys Otherdeed Expanded NFTs 1% buys and burns $PNKSTR 0.5% buys and burns $APESTR 0.5% creator royalties The Otherdeed team forfeited half of their creator royalties to strengthen the larger $APESTR ecosystem.
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$DEEDSTR will launch at 12pm EST Reminder: the buy tax will start at 99% and drop 1% each minute.
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Our whole team has been quietly cooking, and tomorrow, you’re going to start to see a small piece of what we’ve been working on. OtherdeedStrategy launches at ApeFest with a new mechanic, where in addition to buying Otherdeed NFTs, 0.5% of fees will also go to buying and burning
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$GLHFSTR by TokenWorks is now live. this is the first & only strategy token with an NFT collection @GLHFers that has its own deflationary flywheel via auctions & live gaming ecosystem with 10000+ daily players. auctions to receive $GLHFSTR fees are now live too. details 🧵
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