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A Beginner's Guide to PunkStrategy and $PNKSTR

The new PunkStrategy protocol turns every $PNKSTR trade into fuel for buying CryptoPunks.
A Beginner's Guide to PunkStrategy and $PNKSTR
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One thing I love about Ethereum? You constantly get spoiled with new experiments around the ecosystem.

The latest to catch my eye is the automated PunkStrategy protocol, which mashes together CryptoPunks NFTs and a deflationary fungible token loop.

From TokenWorks (a "playground for onchain financialized ideas" via developer Adam, i.e. Rhynotic on X and Farcaster), PunkStrategy is centered around the $PNKSTR token. Let's break down the basics here.

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William M. Peaster

Written by William M. Peaster

1008 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.

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