Recursive Strategies

Recursive Strategies are net-new assets that buy themselves instead of an underlying asset.

Anyone can launch a Recursive Strategy, which will have a 0.01e deploy fee, 0.008e buys and burns $PNKSTR, and 0.002e to TokenWorks. There is a 10% fee on buys/sells of the token.

Of the 10% trading fee:

• 8% goes to the token contract to rebuy the strategy in the future

• 1% as royalties to the creator

• 0.8% for buying and burning $PNKSTR, our ecosystem token

• 0.2% to TokenWorks

Trading fees pool up, and every 30 minutes all funds in the pool are used to buy and burn the STR token. This fee mechanism encourages long-term holding and prevents overtrading.