Strategy Punks

Welcome to the Universe! $STRMOG @mogcoin

@Wurdup2t2t I believe you're looking at one liquidity pool that is outdated since most people aren't using it. If you check our website you can see accurate MC info.

What's going on @Strategypunks - Huge move up today but looks to have sucked out most of the liquidity

@reesistancee So when you sweep strmog it moves the strmog to the treasury. After enough accumulates, it is converted to ETH.

@reesistancee When a minimum threshold is passed, that strmog is sold and the ETH from the sale is moved into the treasury. This is pretty rare because most people do not use exact out sells, but if we didn’t include this functionality then the fee could be avoided through exact out selling.

We had a big day today! We opened a new $STRMOG position. It will be fun to watch what happens when 3eth worth of $MOG is sold and used to buy/burn $STRMOG.

We've updated the fee accumulation target for $STRMOG to 1ETH as the community voted for a few weeks ago. We waited for the previous position to be opened before doing so. We continue to monitor the markets and devs are still around for when punks heat up next.

@Bystanderx100 Please check out our FAQ page on our site for a full breakdown of our tokenomics. There is a 10% fee on all $STRMOG swaps 8% is used for $MOG positions 1% is used to buy and burn $STRPNK 1% is used to buy and burn $PNKSTR We have burned 12.54% of the supply already.

FAQ: When a $PNKSTR position is sold, 100% of the proceeds are used to buy and burn $STRPNK. How we know when and how much already burned? As I see chart just dead and no volume. You say: When the $STRPNK Treasury accumulates 3 ETH, it opens a new $PNKSTR position. The $STRPNK Treasury is hardwired to exclusively use the official $PNKSTR pool for all swaps - ensuring $PNKSTR always collects the 10% swap fee which powers their flywheel. $PNKSTR position price targets are chosen to ensure $PNKSTR is traded profitably - a $PNKSTR position will not be sold until it overcomes the swap fees and makes a small profit. Correct me if I`m wrong but, 3 ETH its almost 10k and we should see the buyback like this which is actually valuable for this market cap, and especially when it burns. But I`m scrolling transactions and cant find any buys close to this. I`ve checked many pages actually. #transactions" target="_blank" rel="nofollow noopener">etherscan.io/dex?q=0x24b566…

@sserkul @reesistancee Sorry we didn't see it sooner! We're glad we saw it this time and could clarify. Thanks for the support feel free to DM us anytime.

@Strategypunks @reesistancee Thanks for the clarification! I wish you had seen my earlier post from Dec 10th where I tagged you about this. It would've cleared things up sooner 😅 I understand now and really appreciate the transparency. Keep it up 🙌

Gotcha! Now we know who's dumping $STRPNK: the creator, who owned over 30% and now holds around 27%. Check the "cluster supply" below. Aliencowboy3443.eth is also in this cluster. You all know him, here's the catch: he's the one who dumped $PNKSTR at the top and got away with $1.5 million. It would have been great if he airdropped some instead of selling, if he truly wants decentralization for the token, of course. @Strategypunks

@reesistancee Yes, we will be changing the $STRMOG fee target to 1eth as well. We will communicate this change when it happens. The sweep feature moves helps add accumulated fees to the treasury.

Huge burn incoming!🔥 But the next position is still set up for 3 ETH. It should be changed to 1 $ETH positions, like for $STRPNK if I'm correct! Accumulating 3 $ETH takes too long! Also, I used the Sweep $STRMOG feature today, and watching it on the chain, I still have no idea what it does. Can you please explain?

@waqwaqattack Yup! Check out our tokenomics on our FAQ page, a portion of the fee goes to $STRPNK, $MOG, and $PNKSTR.

@Strategypunks Does any of the money from other strategies go towards buying and burning strpnk?

@amazonelope We're sorry this happened to you. This has nothing to do with our team, we have been live for 3 months and no other users have reported this problem.

@Strategypunks I put a lot of money in and I got hacked and they drained my account. I don't know how this happened. Very disappointed , be aware.

@sserkul @reesistancee We just saw your post, it is exactly as @reesistancee said, this cluster is likely showing participants of the airdrop as the supply was pre-minted to the dev wallet and then sent out to all impacted by our initial launch. We publicly documented all of this.

I'm lucky to have you in my timeline. Strategy Punks didn't address my concerns in their first post, and then I saw this cluster and didn't want to keep it to myself. It seems just as you described. I checked and saw that 500M is used for the airdrop and the other 500M for the pool from that account. So, we could say early adopters are selling, but a huge part of the tokens still belongs to them. Long live $STRPNK!

@sserkul We just saw this post. This is absolutely not the team. We publicly posted all of the wallets involved in our airdrop and amounts following our relaunch. The launch was completely fair with no bundling/supply reserved for the team.

Another successful buy/burn of $STRPNK. We now have burnt over 2% of the supply. Don't forget, we exist on-chain forever.

What better way to ring in the New Year than being back on burn watch! $STRPNK

@Gidwisedebrave @reesistancee Updated, this happens when there aren't transactions on dexscreener within the past 24 hours. You can always use the price charts from geckoterminal on the site to track MC and token price. The projects are both on-chain so exist forever.

@Strategypunks @reesistancee Please can you update your website, can't see the marketcap and token price

We just passed 100ETH lifetime spend on $PNKSTR as well opening up another position! For over 2 months now we have been accumulating $PNKSTR to buy and burn $STRPNK.

@reesistancee We’re right there with ya, 🤝

@Strategypunks I just want to see the liquidation of one of those big positions! The burn will be mind-blowing with such a low $STRPNK market cap.

@reesistancee The price of eth moving down from time of purchase has the price acquired reflect slightly higher than Pnkstr was at the time. Also it is based on price of pnkstr not market cap.

@Strategypunks But the position with 0.0616 is not the new position, but the old position. The new position is position #2, right? That is why I think the price is not right.

@reesistancee Ah sorry about that! Yes, position #2 is the new position. It looks like the marked price is in line with the price of pnkstr earlier today (with added factoring to the price of eth being slightly higher at the time).