PunkStrategy Held Token Burn

Name: Token Burn
Start: 2026-06-11T00:00:00Z
End: 2026-06-12T00:00:00Z

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PunkStrategy held a PNKSTR token burn. The protocol sold Punk #3774 for 35.51 ETH, realized 3.23 ETH in profit and used the full 35.51 ETH proceeds to buy and burn PNKSTR.

Event date: June 11, 2026 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

TokenWorks™
@token_works

PunkStrategy has sold Punk #3774 for 35.51Ξ, realizing 3.23Ξ profit for the protocol.

All 35.51Ξ was used to buy and burn $PNKSTR.

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