Found a super interesting project on
@AbstractChain 👀
A Pudgy Penguins reserve on Abstract 🐧
1. 10% of each
$PDGYSTR trade is taxed and pooled
2. Once the pool accumulates enough, a pudgy penguin is bought
3. Penguin is listed for resale
4. Once sold, proceeds are converted to
$PDGYSTR and burnt, creating a flywheel.
Will this be the next big liquidity onboarding event for abstract?!