Airdrop registration now live for all @token_works NFT strategy tokens (PNKSTR, VIBESTR, etc) and @Strategypunks (STRPNK)
Due to the number of wallets meeting criteria, we have put a cap on the number of wallets that can register from these tokens.
Our ethos is to bring value to all communities we interact with. Mog doesn’t have a flywheel so we built them one.
We have a 10% fee on all buys/sells of $STRMOG. 2% is reserved to buy/burn $PNKSTR/$STRPNK.
The remaining 8% is used to buy $MOG. 10% (of the total 8%) is burned at the time of buying mog. The remaining 90% of the mog bought is held until we are in profit.
The profit target accounts for the total spent on $MOG even the MOG burnt so the overall position is always making $STRMOG a profit. Once $MOG hits our price target we sell it and all proceeds are used to buy/burn $STRMOG.
With this model, we ensure that we are still making profits and buying/burning $STRMOG while at the same time deflating the other tokens in our ecosystem.