What we know so far about
@token_works’ Ten Thousand Tokens launchpad:
- Token launch deploys as early as next week.
- Burning an NFT will create a unique ERC-20 via Uniswap V4 hook.
- Burner will permanently decide token branding when burning. (Name, symbol, image link)
- Tokens will use the Strategy fair launch tax model (99% buy tax on block 1, decaying 1% per block to permanent 1% buy fee). Eth from the anti-bot tax will fund a buyback and burn reservoir for the ERC-20.
- 1% sell fee.
- Burner gets hard-coded permanent 50% of fees.
- 30% of fees are sent to a claim pool for unburned NFTs. Holders can claim when they want.
- 10% of fees go to Tokenworks.
- 10% of fees go to PunkSTR buyback address.
I’d expect to see some early token launches as soon as it goes live (scramble to be first). If any of them run, this could get real spicy.