New launches and trading fees
On this pageA new Strategy starts with a supply of 1,000,000,000 tokens, used to initialize its liquidity pool. The current create form supports Ethereum. Existing deployments on other chains retain their own contracts and settings.
Launch payments
| Launch type | Verified payment | What happens |
|---|---|---|
| Queued ERC-721 | 0.25 ETH plus gas | Reserves an initial purchase for the requester; finalization is a separate gas-only transaction |
| ERC-1155 | 1 ETH plus gas | Immediate deployment by an authorized collection owner, admin, or operator |
| ERC-20 | 1 ETH plus gas | Immediate permissionless deployment, subject to token and factory checks |
These prices are configurable. The create page reads the applicable onchain price before payment. The NFT price is separate from the price used for ERC-20 and ERC-1155 launches.
For a new ERC-721 request, the payment minus two wei is reserved to buy the Strategy token at finalization. At the verified 0.25 ETH price, this is estimated to buy roughly 1% of the supply for the original paying wallet. The actual amount is determined at execution and is not guaranteed.
This initial purchase is the use of the new NFT launch payment. The older description of an NFT deployment fee split between $PNKSTR buy-and-burn and TokenWorks does not apply to this factory. Other launch types and historical factories retain their own payment routing.
See permissionless launches for the request delay, global cooldown, recipient, and recovery details.
Initial and ordinary trading fees
The new factory’s reserved initial purchase is tax-free. This exemption applies only to that purchase during finalization.
For ordinary trades on the current NFT hook:
- Buys in the deployment block pay a 99% fee.
- The buy fee decreases by one percentage point per block, reaching 10% after 89 blocks.
- Sells pay 10%.
The schedule begins when the pool is initialized at finalization. It is block-based, not one percentage point per minute. Older Strategies keep their original hook schedules; use the quote shown for the particular Strategy you are trading.
How ordinary fees are allocated
At the standard 10% NFT trading fee, the allocation as a percentage of the trade is:
| Allocation | Share of trade |
|---|---|
| The Strategy contract, to execute its asset purchases | 8% |
| $PNKSTR buy and burn | 1% |
| Collection royalties, or the configured fallback while unclaimed | 1% |
The hook distributes the fee in an 80/10/10 ratio. When the temporary buy fee is higher than 10%, those percentages of the trade change with the total fee. Gas is separate from these trading fees.
Collection royalties
For queued ERC-721 Strategies, permissionless deployment does not transfer royalty ownership to the launcher. The collection’s recognized owner can claim and redirect future royalties on the Strategy page. Unclaimed NFT royalties currently go to the configured fallback recipient.
The create form uses the contract’s default royalty recipient and does not expose a custom recipient field. Collection admin/operator permission for launching an ERC-1155 Strategy is separate from claiming owner royalties after launch.
Existing Strategies
Trading fees are enforced by the applicable contracts and Uniswap v4 hooks. PunkStrategy has its own routing behavior: trades routed through its original hook pay its fee, while routing through that hook is not universally enforced.
Existing tokens are not upgraded or moved to a new hook when a new factory launches. Read each Strategy’s quote and contract details for its applicable behavior.