NFT strategies

NFT Strategies are built around an underlying NFT collection. Trading fees accumulate in the Strategy contract and are used to purchase eligible NFTs from that collection. Sale proceeds then buy and burn the Strategy token.

For ERC-721 collections, there can only be one registered Strategy per collection across the current factory and its recognized predecessors. Choosing another token name does not bypass this restriction.

Launching an ERC-721 Strategy

Anyone can request an eligible ERC-721 collection’s Strategy. You do not need to be the collection owner. For ERC-721C collections that require validator approval, the app requires the collection administrator to approve the current factory’s predicted Strategy address before payment.

The current Ethereum flow has three steps: request, wait, and finalize. The verified payment is 0.25 ETH plus gas. It reserves an initial purchase for the original paying wallet, estimated at roughly 1% of the one-billion-token supply at that price. Actual token output is determined at launch.

The current request delay is one hour. After the factory’s first successful launch, the current global cooldown is 24 hours between successful launches. Anyone may finalize an eligible request for gas only; the payer still receives the initial purchase. Prices and timings can change, so the create page reads the current settings.

Follow the permissionless launch guide for the full process, collection restrictions, and request recovery.

Launching an ERC-1155 Strategy

ERC-1155 collections retain immediate deployment and require a recognized collection owner, admin, or approved operator. The verified payment is 1 ETH plus gas, read separately from the NFT queue price. The ERC-721 queue and initial-purchase allocation do not apply to ERC-1155 launches.

ERC-1155 uniqueness is checked for the combination of collection, Strategy type, and configured token IDs. Custom and historical Strategies may target particular token IDs or ranges. The current create form uses the supported collection-wide configuration.

Buying and selling NFTs

At the ordinary 10% NFT trading fee:

• 8% of the trade goes to the Strategy contract to buy NFTs.
• 1% goes toward buying and burning $PNKSTR.
• 1% is allocated to collection royalties or their configured fallback while unclaimed.

Fees accumulate toward a bid. When the Strategy can afford an eligible listing, a bot or other participant can submit the purchase. The Strategy then lists the NFT at its configured markup, commonly 20% above the purchase price. Settings can differ by Strategy.

When someone buys an NFT from the protocol, the proceeds are used to buy and burn that Strategy’s token. Activity depends on available listings, funds, and submitted transactions.

Royalties and trading fees

For queued ERC-721 Strategies, a public launcher does not acquire the collection’s royalty rights. The collection owner can claim and redirect future royalties from the Strategy page. With the default recipient, royalties are automatically claimed at launch only when the paying wallet is the recognized collection owner; otherwise they remain unclaimed.

ERC-1155 uses a separate launch path: the authorized launching wallet is the default royalty recipient in the current create form.

The reserved initial purchase for a new queued ERC-721 launch is tax-free. Ordinary buys on the current hook start at 99% and decrease one percentage point per block to 10%; ordinary sells are 10%. See launch and trading fees.