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PunkStrategy operates a blockchain-based protocol that uses a mechanism called The Yoyo to automatically buy and sell CryptoPunks using the PNKSTR token, with automatic token burning. The system collects trade fees (minimum 10%, with most going to the protocol and some to the team) to fund buying floor Punks, listing them at a 1.2x price, and then burning proceeds to burn PNKSTR supply. A treasury-backed distribution allocates 15 million PNKSTR to holders, and the project highlights current Punk purchases and provides onboarding and information pages.
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