Ondo price

NFTStrategy - When tokens become a "machine for buying NFTs" NFTStrategy is an emerging model in the NFT/DeFi market, expanding from the idea of PunkStrategy. Inspired by MicroStrategy's strategic $BTC reserve model, but with a fresh flywheel. - This model simply understands as a flagship NFT reserve fund, they issue tokens and use transaction fees to buy and reserve those NFTs, corresponding to Punk with $PNKSTR, Pudgy Penguin with $PUDGYSTR,... of course, it will be a bit more complex. => Instead of holders having to buy expensive NFTs, now they just need to participate through the "strategy" token, indirectly activating the self-buy - self-sell - self-burn loop. 1. How it operates - Each token transaction will deduct a portion of the fee (for example, 10%). This fee accumulates into ETH in the fund. - When the fund has enough ETH, the protocol will automatically buy the floor NFT of the collection (BAYC, Moonbirds, Meebits…). - The NFT is then relisted at a higher price (usually +20%). - When sold successfully, the ETH obtained will go back to buy and burn the strategy token => making the token scarcer, benefiting the price. => A portion of the fee is also shared back to the NFT collection owner => a win-win for both sides. 2. Notable numbers - There are wallets that have earned 181 ETH (~813k USD) in just a few hours by triggering NFT buy/sell in the system. - PunkStrategy (the original model) has grown from a market cap of 1 million USD => now 135 million USD. - Major collections like BAYC, Pudgy Penguins, Moonbirds… have their own strategies. 3. Strengths - Helps ordinary people participate in the blue-chip NFT market without needing to buy directly. - Tokens have higher liquidity compared to holding NFTs. - The buyback & burn mechanism benefits token holders when NFTs are sold successfully. - The NFT community is supported because the floor always has automatic buying flow. 4. Potential risks - If the market has low liquidity, the accumulated fees may not be enough to buy NFTs => slow rotation. - Triggers can be "eaten up" by bots or whales. - The floor price of NFTs can drop sharply, making it hard to sell the purchased NFTs. - The launch phase often has extremely high taxes (sometimes up to 95%). 5. Quick participation steps - Prepare a wallet + ETH. - Go to nftstrategyfun, connect your wallet. - Choose the collection you want to participate in (BAYC, Meebits…). Swap to get the strategy token (accept the fees). - Monitor the NFT buying process, wait for the buyback & burn mechanism. - Sell the token on the exchange when expectations are met. 6. My perspective and actions - NFTStrategy is not a "free lunch". This is a smart loop, creating continuous demand for NFTs, while turning tokens into a pump - burn machine. - But it is also like a timing and volume game: in a lively market, profits can be made quickly, while in a quiet market, it’s easy to get stuck. - Anyone who wants to try should start small, choose collections with strong liquidity, and closely observe trigger behaviors. This is both an opportunity and an experiment of the new mechanism of NFT x DeFi. - I bought a lottery ticket when my friends shared it a few weeks ago, bought it and was in the red, but now it's x4. - You guys can refer and do your own DYOR research!