PudgyStrategy (PDGYSTR)

PudgyStrategy (PDGYSTR) is a unique protocol designed to automate investments in Pudgy Penguins, a popular collection of digital collectibles. This automated system is referred to as the Perpetual Pudgy Machine, which continually seeks opportunities to acquire Pudgy Penguins while utilizing a sustainable financial model. The protocol operates through a series of steps that involve taxation on trades, pooling resources, and making strategic purchases to enhance the collection. The ultimate aim is to maintain a circular economy where Pudgy Penguins can be traded endlessly, adding value to both the collectibles and the token itself.

The core mechanism of PudgyStrategy is encapsulated in a system called The Penguin Yoyo™, which ensures an ongoing cycle of buying and selling floor Pudgy Penguins. Every trade of $PDGYSTR involves a fixed percentage that is taxed and pooled together, creating a fund that is used for future purchases. Once enough funds have been aggregated through this method, the protocol purchases a target Pudgy Penguin, lists it for resale at a markup, and upon sale, the proceeds are used to burn tokens, thereby ensuring a diminishing supply that potentially increases the token’s value over time.

PudgyStrategy not only focuses on the transactional elements but also incorporates community engagement through its on-chain voting system, named POVS (PDGYSTR Onchain Voting System). This feature enables stakeholders to vote on proposals related to the management of the treasury and collectible acquisitions, fostering a democratic approach to decision-making. Currently holding a collection of Pudgy Penguins and actively targeting new acquisitions, the protocol showcases a commitment to both innovation within the decentralized finance space and the long-term sustainability of its assets.