"Money never sleeps, pal."
MeebCo is excited about the upcoming launch of
$MEEBSTR by
@token_works, a novel protocol building on the success of
$PUNKSTR. We are drawn to its elegant mechanism design as much as the financial engineering behind it.
Of its 10% trading fee, 8% will be used to acquire Meebits. Those Meebits are relisted at 1.2x. When they sell, the proceeds are used to buy and burn
$MEEBSTR. The remaining 2% of the fee is split evenly between MeebCo, as the collection owner, and
$PUNKSTR. MeebCo has publicly committed to use its share to keep accumulating Meebits for our corporate treasury.
Disclaimer: This post is for illustration purposes only and does not constitute investment advice or a purchase recommendation. MeebCo will not work towards developing, promoting, or adding utility to this token as it is not a MeebCo product.
$MEEBSTR is launched and managed by a team we trust, but MeebCo does not control the token or its deployer. Please refer to TokenWorks' official channels for all communication.