Overview

TokenStrategy is an experimental platform by TokenWorks that creates autonomous, self-consuming “Strategy” tokens. Each Strategy uses trading fees to carry out a defined onchain strategy around an underlying asset.

New Strategy launches are currently disabled on this site. Existing Strategies remain available to browse and trade.

How a Strategy works

For an NFT or fungible Strategy, fees accumulate in the Strategy contract. When the contract can afford an eligible asset, a purchase can be executed. The asset is listed for resale, and sale proceeds buy and burn the Strategy token.

The contracts enforce this cycle onchain. Bots and other participants submit the transactions that carry it out. Asset availability, trading activity, transaction costs, and contract settings affect when actions happen.

Ordinary trading fees generally settle at 10%, while PunkStrategy ($PNKSTR) now has a standard trading fee of 5%. A Strategy’s initial buy fee can be higher and decrease over time. See new launches and trading fees for the NFT schedule and the initial-purchase exception.

Launch availability

New ERC-721, ERC-1155, ERC-20, and recursive Strategy launches are disabled on this site. The launch documentation is retained as a reference for the contracts and existing requests.

When enabled, the Ethereum ERC-721 flow allows anyone to request an eligible collection’s Strategy, subject to transfer restrictions. Its payment reserves an initial token purchase for the paying wallet. This documented process does not mean new launches are currently available.

Read the launch reference for payment mechanics and existing-request details.

Explore the ecosystem

• PunkStrategy was the first Strategy token and remains the ecosystem token.
• The 7 are seven NFT Strategy contracts with a bug that can lock purchased NFTs. Affected NFTs should be treated as effectively burned; NFTs that remain listed can still be purchased until they become burned or locked.
• NFT strategies buy and sell NFTs from an underlying collection.
• Fungible strategies buy and sell amounts of an underlying ERC-20 token.
• Recursive strategies buy and burn their own tokens. Existing deployments remain available; new recursive launches are not offered in the current create form.

Each deployed Strategy retains its own contracts, settings, and fee schedule. A new launch generation does not migrate existing tokens.