💲$PUNK

Introducing $PUNK: Fuelling the Future of DePunks Ecosystem $PUNK operates on a deflationary model, enhancing scarcity and potential value appreciation. When DePunks NFTs are traded, a 20% royalty fee is applied, with 5% of the acquired $PUNK tokens permanently removed from circulation. This process, known as burning, effectively reduces the total supply of $PUNK over time.

Airdrop Distribution: The remaining 95% of $PUNK tokens from royalty fees are redistributed to DePunks holders through an airdrop system. The allocation of tokens in the airdrop is proportional to the number of DePunks held by each participant, incentivizing long-term ownership.

Utility Functions: $PUNK tokens offer multiple utilities. They grant governance rights, allowing holders to participate in decision-making processes. Additionally, $PUNK provides access to exclusive events and perks within the DePunks community, fostering engagement.

Ecosystem Growth: As the DePunks ecosystem expands, demand for $PUNK may rise due to new NFT releases, features, or partnerships. This increased demand, coupled with the deflationary nature of $PUNK and the burn mechanism, could lead to sustained value appreciation.

Community Engagement: $PUNK tokenomics aim to encourage active community participation. By providing tangible benefits to holders, $PUNK incentivizes ongoing involvement and fosters a vibrant community atmosphere.

In summary, $PUNK's tokenomics leverage a deflationary model, including a burn mechanism, to drive value and scarcity within the DePunks ecosystem. Through its governance features, utility functions, and airdrop distributions, $PUNK incentivizes community engagement and plays a vital role in shaping the project's trajectory.