$PUNK airdropped 50% of its supply directly to CryptoPunk NFT holders — one of the cleanest community distributions in the space. That made $PUNK the de facto token of the CryptoPunk ecosystem.
$punkSTR is the strategy layer built on top of it. Every trade of $punkSTR is taxed, the tax becomes ETH, the ETH buys $PUNK. The protocol waits for appreciation, sells into strength, and uses the profit ETH to buy and burn $punkSTR.
Two tokens. One loop. $PUNK goes up — $punkSTR supply goes down.
A fair launch community token. No presale, no team allocation. The asset this protocol accumulates.
A 3/3 tax funnels every trade into a treasury that accumulates $PUNK on the open market.
When $PUNK appreciates, the protocol takes profit. ETH flows back to the treasury, bigger than it left.
Every profitable cycle permanently destroys $punkSTR supply. Float only goes down. Forever.
A six-step closed-loop protocol. Each cycle converts trading volume into $PUNK, converts $PUNK appreciation into ETH profit, and converts ETH profit into permanently destroyed $punkSTR supply. No airdrops. No team unlocks. Just accumulation, exits, and burns.
Every buy and sell of $punkSTR is taxed 3% in / 3% out. Collected by the protocol contract.
The collected $punkSTR tax is swapped into ETH — the fuel for the buy machine.
The ETH is used to market-buy $PUNK on the open market. The treasury stacks $PUNK, forever.
The protocol holds. $PUNK appreciates with demand and market cycles. Patience is the strategy.
Sell $PUNK at a profit. ETH flows back into the treasury — more than what went in.
Profit ETH buys $punkSTR from the market and sends it to the burn address. Supply destroyed. Float shrinks.
$punkSTR converts every trade into exposure to $PUNK, and every successful $PUNK trade into permanent $punkSTR supply destruction. The more it trades, the more $PUNK it accumulates. The more $PUNK appreciates, the more $punkSTR gets burned.
A flat, symmetric tax on $punkSTR. No cliffs, no games. Every trade feeds the machine. Every successful cycle shrinks the supply.
Every buy of $punkSTR routes 3% into the protocol vault. Converted to ETH. ETH buys $PUNK.
Every sell of $punkSTR routes 3% into the same vault. Exits don't drain the system — they compound it.
The only way to stop the burns is to stop trading. And that won't happen.