Pudgy Strategy

Token CA: 0xce2fbf6edfa8b759c4e0c80d73f1aff2a93b054b Treasury wallet: opensea.io/PudgyStrategyT… Dexscreener: dexscreener.com/abstract/0x03e… OS swap: opensea.io/token/abstract…

@Rubiks_Gus Happy to chat about your ideas! DM @0xH_pepp and let’s schedule a call

I don't mean to bear post, but the @PDGYSTRG token on Abstract will not work long term IMO. I am mega bullish on Pudgys, but the thing is Abstract in general is just a low volume chain. This means fewer Pudgys will be bought as time goes on. People will simply buy the token, wait for buybacks, and then sell into the exit liquidity, and there will never be enough volume to buy any more Pudgys. The team also lowered the price at which they would sell their Pudgys so that they can sell sooner. Not sure if they reverted this, but I immediately told them, their advantage over the proper PudgyStrategy token by Tokenworks would actually be to raise the prices, that way it can be used as a way to speculate on Pudgy floor extremely. Additionally, the manual nature gives some advantages, for example being able to claim air drops related to Pudgys which Luca said he was working on, and using the profits to rebuy PDGYSTR chart. I also was very upset when they decided to buy Lil's, stick with the Big Pudgys IMO especially so you can push air drop buy back narrative. If the team incorporates these changes, I would be a lot more open to buying it, but in its current state, I think all Pudgys get sold, ape the chart, used as exit liquidity, and the token dies forever.

We officially sold our first @pudgypenguins . We will soon inject the eth back into the chart. Stay Tuned!!

This peng is current floor and is also going to be the first sale of the PudgyStrategy on Abstract @PDGYSTRG

@PudgyMaxer @pudgypenguins Around 5 ETH will be put back into the chart and the tokens will be burned

@PDGYSTRG @pudgypenguins How many do you buy with buyback

10%+ day for @pudgypenguins. Only 30 until our recent acquisition sells. First $PDGYSTR buyback incoming? 👀

@flying_Debora @AbstractChain Don’t forget $PDGYSTR. Not only were we the first strategy after $PNKSTR, but we just bought our 7th @pudgypenguins at 4.1 ETH. 7 pudgies and 2 lils in the treasury

Next meme cycle on @AbstractChain starts tomorrow what memes would you buy if I told you this right now ? personally, I prefer IPs that have uniqueness, strong communities, and keep building no matter the overall market. based on that, these are the IPs I’d put in that category. do you agree, or would you remove some from the list ? $GOD - @godthedogabs $OK - @OK_Capy $ABSTER - @absterxyz $RETSBA - @retsbaxyz $POLLY - @Pollyxyz $CYCLOPS - @CyclopsOnAbs $UWU69 - @_UwU_eth $HEROSTR - @PDGYSTRG respect to these teams 🔥

We have acquired @pudgypenguins #5311 for 4.1 ETH. It has been relisted under 5 ETH. Huge thanks to everyone for believing in us!

Proposal #5 has passed! We will begin selling 2.5m tokens shortly until we have enough funds for a big @pudgypenguins. Buckle up!

A buy that large at these prices would result in almost 25% of the total supply being burned. This will help the flywheel kick in faster. Although it will involve heavy sell pressure on the chart, we believe this will positive impact the overall trajectory and we will recover.

Proposal #5 is live We currently own 4% in the CA and 3% in the dev wallet. We are proposing to sell the supply to be able to afford a big pudgy at these prices. We are 1.55 ETH short. It would be bought ≈4.2 ETH and relisted at ≈5 ETH.

The following proposal did not pass. We have a new proposal coming soon. Stay tuned!

Proliferate.

We realize in the current market it might be difficult to reach another Big @pudgypenguins at the moment. We opened a new proposal for the next 24h to buy 3 lil pudgies. This will allow the flywheel to kick in quicker as the floor inevitably goes back up. Link to vote is below

@reesistancee @AbstractChain Check $herostr. The flywheel will move as the floor moves upward. There was literally a burn two days ago

There is no volume to buy bigs. Buy LP now when they are cheap. When they are sold it will bring back the volume. It's been dead for months. Zero burns. We need the flywheel to get moving. Buying LP now can help with that. Or at least let the community vote. This is why the proposal feature was created right? Waiting a few more months for 1 big doesn't help anything…

Friendly reminder You can buy/sell $pdgystr directly on pudgystrategy.net/strategy and $herostr directly on herostr.iglooprotocol.net The @AbstractChain Portal has trouble swapping due to slippage

@reesistancee @AbstractChain We bought 2 Lil Pudgys a few months ago through a proposal. Looking to accumulate more bigs

@PDGYSTRG @AbstractChain Hey. Can we have a proposal to buy Lil Pudgys? It will take months to accumulate enough ETH to buy PP. Lil Pudgys are an opportunity for the Strategy at the current prices. Let's get the $PDGYSTR moving!

All CAs are still working and operating as intended. $PDGYSTR and $HEROSTR will continue to buy and sell NFTs until the end of time. Happy to see @onchainheroes hard work pay off and some of our heroes start to sell. Still over 60 left. Thanks @skarly for the support!

So happy to see our tools being used by other @AbstractChain teams! Huge thanks to @AOBMiningPool