PunkStrategy is a new on-chain experiment from TokenWorks that blends NFTs and DeFi mechanics. The idea is simple but bold: turn trading activity into a machine that continuously buys and sells CryptoPunks, while burning the project’s token along the way.
How PunkStrategy Works:
$PNKSTR Token
Every trade has a 10% tax (you receive 90% of token sale proceeds, the 10% of token sale proceeds is the tax).
80% of fees go into the PunkStrategy protocol, 20% go to the team.
Buying CryptoPunks
When enough ETH is collected, the protocol automatically buys a floor Punk (the cheapest available Punk NFT).
Relisting for Profit
That Punk is relisted at a markup (e.g. 20% higher than the buy price).
Burn Loop
When the Punk sells, the ETH proceeds are used to buy back and burn $PNKSTR tokens—reducing supply.
Then the cycle repeats.
Sell-Tax Spike
After a Punk is sold, the sell tax jumps temporarily (up to ~90%) and then decays over time.
This is designed to protect the system from bots and fast dumps.
PunkStrategy™
The Perpetual Punk Machine,
by TokenWorks (*High fees* please read before buying)— #Adam (#@Rhynotic)
4:37 PM • Sep 6, 2025
Current Status:
Five Punks acquired:
Punk #1417 - 55.800 ETH
Punk #1628 - 58.068 ETH
Punk #5060 - 57.720 ETH
Punk #6588 - 58.281 ETH
Punk #6821 - 58.222 ETHAll already relisted for resale at a markup. None have sold (yet)
Early bug was patched via a wrapper contract—no migration needed.
PunkStrategy has now purchased a 5th CryptoPunk
All of the punks purchased by the protocol are relisted higher
Eventually, the ETH from these punks will flow back into $PNKSTR
— #TokenWorks™ (#@token_works)
2:04 AM • Sep 15, 2025
Why It’s Interesting:
Fractional Exposure to Punks
You don’t need 40–50 ETH to get involved. Trading $PNKSTR gives indirect exposure.Deflationary Pressure
Every Punk sale → buyback → burn reduces token supply.NFT + DeFi Mashup
It’s an experiment that combines NFT culture with tokenomics loops.
Risks to Know:
Smart contract risk – experimental code, limited audits so far.
Liquidity risk – depends on trading volume to fuel Punk buys.
Market risk – relies on CryptoPunks retaining strong demand.
High exit tax – selling too soon after a Punk sale can mean a 90% fee.
Bottom Line:
PunkStrategy is equal parts game, experiment, and speculation. It’s not a guaranteed investment—more like a social experiment with real ETH at stake.
If you want to play with new token models and like the idea of “fractional CryptoPunk exposure,” $PNKSTR may be worth watching. Just remember: DYOR and only risk what you can afford to lose.