panik.farc.eth 🦖👾 pfp
panik.farc.eth 🦖👾

@panik.eth

while almost everyone on base was getting rinsed on zora’s ephemeral coins, base strategy protocol did something very different. it provided perpetual trading for 102 base nft collections. it spent roughly $50k to accumulate around 3,000 nfts. it sold about 750 of them, created roughly $15k of buy pressure on the protocol token $bastr, then burned the $bastr it bought and took it out of circulation. while nft artists were clearly being sidelined, the protocol basically acted as a floor guardian for their collections. artists still earned creator royalties from all that trading. and $bastr holders get exposure to the upside of 102 nft collections by holding a single coin. simple trade, clean structure. and yeah, these are the days where you start seeing nfts come back. here’s a live example. while everyone was ignoring nfts, the protocol accumulated based minis hands-free, and based minis is now almost 100% up. good for nfts. good for nft artists. good for base strategy. higher.
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