StandartXBT@StandartXBT
tldr what is $STONKBROKER and why free mint on @RobinhoodCrypto ran from 0 to 1 ETH in 1 day
looked under the hood. the flywheel is actually wired onchain:
> ape 666,666 $STONKBROKER + a 10% ETH fee to grab one broker
> every jpeg owns an ERC-6551 wallet
> clock it in by burning another 66,666 to 1,666,666 tokens
> 50% of every activation gets nuked from supply
> 70% of NFT trading fees market-buy AAPL, AMZN and NVDA stock tokens
> those stocks get farmed straight into the NFT’s wallet
> need liquidity? borrow 666,666 tokens against the jpeg at 15% APR
so the loop goes:
token sends -> NFT floor reprices -> holders burn more tokens to juice rewards -> NFT churn prints ETH fees -> fees buy stocks -> stock rewards attract more apes
the onchain numbers after two days are already stupid:
> 4,444 NFTs minted
> 2,034 sitting inside the protocol AMM
> 1,382 clocked in and farming
> 243.45m tokens burned - 8.22% of genesis supply
> 254 completed stock-drop rounds
> 35.12 ETH routed into stock buys - around $65k at snapshot prices
if the bids keep flying, holders farm stocks while the token supply gets torched. if volume nukes, the dividend printer gets cooked with it
but for now flywheel works as it is meant to be
built by @ClutchMarkets / @OxSimpleFarmer
