punk.auction

From Punk Auction → Toast 🍞 The mechanism lives on, improved today and evolving toward new strategies. A lab for onchain flywheel design: @toastdottech

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We’re building a protocol that unlocks new value loops around the digital assets people care about. $TOAST sits at the center, concentrating value, flow and attention into one place. Current holders will be aligned with what comes next.

Since launch, the Meridian strategy has triggered the $PAST buyer more than 15 times, buying directly from the bonding curve.

The second Meridian auction has settled. Another 99,000 $MAST permanently removed from supply 🔥 In total, over 11,000 $MAST has been sent to @mattdesl in artist rewards.

The second Meridian auction is live. The price decays each block until Meridian #426 is sold. All auctions occur in $MAST.

Meridian auction 1 is complete. 111,000 $MAST permanently removed from supply 🔥 The next auction can be initiated at 22:40 UTC.

We just acquired Meridian #426. The purchase happened less than an hour after our first Meridian buy. All auctions take place in $MAST.

Meridian #701 was acquired for 2.8 ETH and the first auction has started. In the Dutch auction, the price decays each block until the Meridian is sold. 5% of the winning $MAST bid goes to the artist and the remaining 95% is burned.

The Meridian strategy is live! A launch premium starts at 99% and decays every block. No sniping, fair entry for all. ca 0xa2b32B7d7D6eefdB7aa72278e28c4e705D014e85 Ticker: $MAST meridian.auction

We selected Meridian by @mattdesl as the first collection in our @artblocks_io series. Released in September 2021, it’s since become one of the most iconic and recognizable generative art collections ever made. 🕗 Strategy live at 20:00 UTC meridian.auction

Auctions are coming to @artblocks_io . 🎨 Same flywheel, new canvas: ❐ Each collection runs on its own token and bonding curve. ❐ Trading on the curve fuels NFT auctions ❐ Every NFT auction burns token supply 🔄 New loops added: ❐ Turns the $PAST flywheel 2% fee on trades is used for PAST buybacks, waiving all team fees. ❐ Artist Aligned With each auction, 5% of the winning bid is sent to the artist, respecting royalties. 🔧 Refined from what we learned: ❐ Fair Launch The bonding curve features a buying tax, regressing from 99% to zero over T+1 hours. No sniping. ❐ Dynamic Auctions Bid starting price adjusts to NFT price. Expensive NFTs will raise the starting bid, and vice versa. ❐ Cooldown Period A new auction can start only 24h after the previous one began, keeping the pace steady. ❐ MEV Protected Keeps auctions human-centred by limiting MEV bots from participating. More fun! 🔔 First collection drops within 24hrs. Notifications on.

Could those gradients mean something?

The PAST airdrop round 2 is live! Six more days to qualify for the 105k PAST distribution by buying on the bonding curve. With new collections and partnerships in the works, November is set. And that's not all. We're coding up something fresh behind the scenes ..

The first $PAST airdrop will be distributed from Monday November 3rd. Streamed using @Sablier over a two week period, eligible users claim their allocation by starting an airstream. The airdrop cut-off is set at 1 PAST. The claim period is 30 days, with unclaimed PAST used for future rewards. app.sablier.com/airdrops/campa…

@nftpricefloor @PunkHot10 Let's work together to improve the punk auction metrics🤝

@PunkHot10 Great take! We’re doing our part to raise awareness with our new Strategies section. Hopefully, other players will also embrace strategies to improve accessibility and tackle the rest of the challenges 💪

The only real challenge for TokenWorks strategies right now is liquidity, not enough players in the game yet The root cause is fourfold - Lack of understanding (it’s complex for CT) - Lack of awareness (only a few 1,000 believers so far) - Lack of accessibility (tradeable only on the TW site) - Lack of distribution (not yet on major DEXs) For the brands that embrace it, the model is really sound, and once these barriers fall, things will get very interesting

For our upcoming collections, we're selecting true masterworks tailored to the dutch auction format. With a history of curation by major institutions, these collections play fully into the strengths of the auction mechanism. Each will feature its own curve/token with MEV-protected contracts, a fair launch mechanism, and other improvements. A share of fees will buy PAST directly from the bonding curve, fuelling the flywheel through consistent buy pressure. Next week, we'll announce the deeds. More art, more auctions, more burned $PAST. Get ready.

@Pixelproperty_ Def

$PNKSTR looks good here

@rhythmking Markets been rough.. who's still bullish chat?

NFA but PNKSTR looks like a gift below $0.06 With expanding liquidity, the btc thesis stronger than ever, and capital inevitably going to flow into punks and strong alts, that flywheel is going to start spinning fast

@BB88888888888BB How much do you pay on warehousing?

I Bought $250,000 Worth of Toilet Paper No, that’s not a typo. That’s roughly 200,000 premium 3-ply rolls, a warehouse of softness stacked from floor to ceiling. An asset the consumer market literally can’t print fast enough when panic hits. Most people would call it insanity. But let me explain the thesis. Each roll costs about $1.25 today. But over the past 30 years, the price of high-end tissue has risen faster than the CPI, the dollar, and even gasoline, up over 400% since 1995. Meanwhile, governments keep inflating supply chains and deflating standards. It’s only a matter of time before a “cost-optimized” future brings thinner sheets, shorter rolls, and recycled roughness. So what happens when comfort becomes scarce? Those who held the original softness, the “hard assets” of the hygiene world, will see their rolls vanish from supermarket shelves overnight. Just like silver coins, but smoother. My $250,000 position, therefore, isn’t a “hoard.” It’s an asymmetrical bet that civilization will keep consuming, inflation will keep eroding, and softness will keep outperforming scarcity. Worst case? I still have $250,000 of tangible, usable assets that everyone will eventually need. Best case? Prices triple, imports collapse, or regulation forces “eco-paper” making the legacy rolls finite, luxurious, and priceless to the desperate and discerning alike. It’s not crypto. It’s not gold. It’s not even pulp fiction. It’s 200,000 tiny claims on comfort itself, a hedge against both inflation and indigestion. That’s deep value. That’s the Toilet Paper Standard.