0x387a161c…fffdsent to0xf790a5f5…1365·#23,544,708·view on Etherscan
# NounStrategy
Introducing The Perpetual Noun Machine, powered by [NFTStrategy](https://nftstrategy.fun/) and [PunkStrategy](https://punkstrategy.fun/) from [Token Works](https://token.works/). Designed to get Nouns DAO exposure, forever. NounStrategy will automatically buy and list floor Nouns for a profit, using trading fees generated by the $NOUNSTR token.
## How it works:
1. An ERC20 token gets deployed to a Uniswap V4 pool with a hook that enforces a 10% buy/sell fee. Starting market cap is $50k with 99% of tokens added to LP and 1% to Nouns DAO treasury
2. Whether bought/sold, fees pool up in ETH, with 8% to the Noun accumulation pool, 1% to Nouns DAO treasury, and 1% to buy and burn $PNKSTR (the PunkStrategy protocol token that powers it all)
3. Once the accumulation pool reaches the threshold for a floor Noun purchase, anyone can execute a buy and re-list at 1.2x, and when it sells, all of the ETH buys and burns the official $NOUNSTR token
This continues forever, and I've reached out to the team to ensure Nouns voting delegation can be passed through, to avoid bricking DAO governance in case of significant traction.
Also, to deter snipers, buy fees start at 95% and decrease by 1% each minute, eventually resting at the 10% mentioned earlier.
## Looking ahead
I see this as a great opportunity to expand the Nouniverse, generate secondary volume, attract new auction bids, distribute dormant treasury Nouns, and inspire a new era of experimentation among nounsfolk.
Attached transaction will currently fail. This is because Adam and the TokenWorks team are yet to open their NFTStrategy Factory contract to the public (need this set to true). My aim is to show them we are serious so they let us in and send them 1 ETH for the privilege.
Once an arrangement is made, we can graduate from a candidate to a proposal. We'd be the first DAO to deploy a strategy, all handled fully onchain, just like their protocol. How cool!
Follow [@NounStrategy](https://x.com/nounstrategy) with notis on to track our progress.
⌐◨-◨nounstrategy