We’re about to open up a new position. As a reminder, once there are 20 open positions, new positions will then merge the cheapest and most expensive positions, helping to DCA. The strategy was always long term, in punks we trust!
@scoutz_@token_works We’re always watching the project, there just isn’t much to promote at the moment. Our strategy is contingent on crypto punks and therefore punk strategy making a comeback so when those get back near the price of our positions will we be posting about it
We had a big day today! We opened a new $STRMOG position. It will be fun to watch what happens when 3eth worth of $MOG is sold and used to buy/burn $STRMOG.
@scoutz_ We are still monitoring the project, but are at the mercy of cryptopunks at this point. Whenever they make a meaningful come back we will be right there with them.
We've updated the fee accumulation target for $STRMOG to 1ETH as the community voted for a few weeks ago. We waited for the previous position to be opened before doing so. We continue to monitor the markets and devs are still around for when punks heat up next.
@Wurdup2t2t I believe you're looking at one liquidity pool that is outdated since most people aren't using it. If you check our website you can see accurate MC info.
@reesistancee When a minimum threshold is passed, that strmog is sold and the ETH from the sale is moved into the treasury. This is pretty rare because most people do not use exact out sells, but if we didn’t include this functionality then the fee could be avoided through exact out selling.
@Bystanderx100 Please check out our FAQ page on our site for a full breakdown of our tokenomics. There is a 10% fee on all $STRMOG swaps
8% is used for $MOG positions
1% is used to buy and burn $STRPNK
1% is used to buy and burn $PNKSTR
We have burned 12.54% of the supply already.
@sserkul @reesistancee Sorry we didn't see it sooner! We're glad we saw it this time and could clarify. Thanks for the support feel free to DM us anytime.
@reesistancee Yes, we will be changing the $STRMOG fee target to 1eth as well. We will communicate this change when it happens. The sweep feature moves helps add accumulated fees to the treasury.
@amazonelope We're sorry this happened to you. This has nothing to do with our team, we have been live for 3 months and no other users have reported this problem.