On-chain
Perpetual
Machines.
The yoyo.
Forever in-motion.
An automatic mechanism designed to accumulate assets, sell them for protocol-owned profits and burn the Perpetual Machine supply. Decentralized and Forever.
Enforced Fee
Trading fees fund strategy acquisitions, PNKSTR buybacks and collection royalties. New queued NFT launches start with a 99% buy fee at pool initialization, falling one percentage point per block to 10% after 89 blocks. Sell fees remain 10%.
Dynamic Acquisitions
When enough ETH has been pooled up, the Strategy acquires the cheapest asset available and list it for higher.
Burn Pressure
Upon selling the NFT, the Strategy will immediately use all of the ETH from the sale to buy and burn its own supply.
Royalties
Are Back.
Trading fees support collection royalties through a configured recipient. New NFT strategies route unclaimed royalties to FWA buybacks and burns until a recipient is configured. Collection owners can claim future royalties on supported strategies.
On-chain, automated and
permissionless orders.
The strategy's bids are automatically executed when a solver decides to take the spread. Fully on-chain, No oracles, No counterparty risk.
Deflationary, by Design.
When the Strategy sells its assets, the funds are used to buy back and burn the Strategy token. Bots will automatically execute buybacks of up to 1Ξ per block. This allows traders to know exactly how buybacks will occur, and lets them watch the protocol's token supply shrink over time.