# PunkStrategy: The Ecosystem Token

PunkStrategy ($PNKSTR) was the first Strategy token, launched as an experimental art project in September, 2025. It was launched with the same mechanisms as all current Strategy tokens, with no supply held back for the team.

Each trade that routes through the [v4 hook](https://docs.uniswap.org/contracts/v4/overview) takes a 10% fee with: 

* 8% going to buy CryptoPunks for the protocol
* 1% gifted to FundingWorks NFT holders
* 1% to the TokenWorks team. 

Trades are NOT enforced through the hook. 

The contract is fully renounced and will run in perpetuity, as trading and deployment fees for new Strategies buy and burn $PNKSTR, which reinforces its role as the ecosystem token.

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