PunkStrategy™ is a novel protocol that links CryptoPunks with a deflationary token, $PNKSTR. Trading fees accumulate in a smart contract until there’s enough ETH to buy a floor Punk. Once purchased, the Punk becomes fuel for a continuous cycle of buying, relisting, and burning supply.
At the heart of PunkStrategy™ is The Yoyo™, a mechanism designed to keep the cycle in motion. Anyone can trigger the “BuyPunk” function (earning a small ETH reward), after which the Punk is listed for double its cost. When sold, every ETH earned is used to buy back and burn $PNKSTR, creating a rhythm of accumulation and release.
Dynamic taxes reinforce this loop—10% on all trades, 50% before the first Punk, and 90% right after a protocol sale, decaying over time to thwart MEV and promote patience. By tying token value to the CryptoPunks floor, PunkStrategy™ transforms iconic NFTs into a living burn engine. As TokenWorks framed it on Twitter: a machine that eats Punks and spits fire.
