GobStrategyPrice

(GOBSTR)

$GOBSTR functions as a liquidity and floor-price support engine for the Goblintown NFT collection. Its primary utility is "Deflation-as-a-Service" through a specialized flywheel mechanic. Every trade triggers a fee used to purchase floor-level Goblintown NFTs. These assets are then relisted at a 20% premium. When sold, the profits are used to buy back and burn $GOBSTR tokens, which reduces the total circulating supply.

$GOBSTR features a 10% transaction fee on every buy and sell, which is essential to the protocol's mechanics. Typically, 8% is allocated to the Treasury for purchasing the cheapest available Goblintown NFTs to support the floor price. Another 1% is distributed to the original creator team, and the final 1% is used for cross-ecosystem deflationary burns, often linked to the $PNKSTR strategy token.

The protocol is designed to create constant buy pressure on the Goblintown NFT market. By using treasury funds to sweep the floor—the lowest-priced NFTs currently listed—and relisting them at a higher premium, the system manually pushes the floor price upward. This allows the $GOBSTR token to absorb market volatility while providing tangible support to the NFT collection's overall ecosystem value.

Both tokens were developed using the TokenWorks framework. $PNKSTR was the initial implementation of the "Perpetual Machine" model, originally focused on the CryptoPunks ecosystem. $GOBSTR is technically connected through its fee structure; a portion of $GOBSTR transaction fees is dedicated to burning $PNKSTR. This creates an interdependent relationship where activity in one community contributes to the deflationary mechanics of the other.

The $GOBSTR contract is structured as an upgradeable proxy contract. This architecture allows the development team to adjust the contract's logic, such as modifying fees or trading parameters, to ensure the protocol functions as intended. While this flexibility enables improvements and optimizations, it is important for users to note that it introduces a centralized risk factor, as the developers maintain the ability to change the contract's rules.

Because of the specialized 10% transaction tax required to power the NFT flywheel, $GOBSTR is primarily traded on decentralized exchanges on the Ethereum network. Users can also access the token through centralized platforms that support specialized on-chain trading tools and tax mechanics, such as LBank, which provide the necessary infrastructure to handle the protocol's unique deflationary fees.