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TokenWorks Is Opening Strategy Deployments to Everyone

TokenStrategy will offer automated market mechanics for ERC-721s, ERC-1155s, and ERC-20s.
TokenWorks Is Opening Strategy Deployments to Everyone
William M. Peaster William M. Peaster
Nov 20, 2025 • 3 min read
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TokenWorks is the team behind the protocol + platform combos PunkStrategy, NFTStrategy, and next up ... TokenStrategy.

The "Strategy" approach started in September 2025 by automating buys and sells of floor ERC-721 NFTs like CryptoPunks, Bored Apes, and Pudgy Penguins via trading fees.

It’s a flywheel. Each fungible swap token (e.g., PNKSTR, APESTR, PUDGYSTR) feeds back into its parent collection by accumulating trading fees that 1) create continuous buy pressure on the underlying NFTs, and 2) buy-and-burn the swap tokens whenever a relisted NFT is sold through the protocol.

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CryptoPunks CryptoPunks Pudgy Penguins Pudgy Penguins Ethereum Ethereum DefiLlama DefiLlama OpenSea OpenSea
William M. Peaster

Written by William M. Peaster

1002 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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