Currently, the liquidity on the BSC chain is very strong, and there are also many quality assets on the ETH chain that need to be activated.
This is the first NFT micro-strategy on BSC, $Penguins, with a trading tax of 5%. The project team cross-chains the received tax to buy fat penguin NFTs on the ETH mainnet. They have currently purchased the first NFT and are preparing to buy the second NFT.
The logic here is to use the transaction fees from $Penguins token trading to buy fat penguin NFTs at the floor price, and then sell the NFTs at 1.2 times the floor price. The funds from the sale are then used to repurchase $Penguins tokens. If this can cycle, it becomes a flywheel; if it can't, then it's GG. Currently, the best performing micro-strategy in the market is CryptoPunks, which cycles very well, and the market cap of the $PNKSTR token has reached about 200 million USD. DYOR
As usual, if you're playing on #BSC, use #TokenPocket.
Official website: (the mischievous little sister-in-law)
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