DRPSTR Documentation
Your complete guide to understanding DRPSTR
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What is DRPSTR?
DRPSTR is a strategy token built on the Sonic blockchain that creates value through strategic NFT trading. It's designed to support and grow the Derps NFT ecosystem while providing deflationary tokenomics.
Key Features
- ✓10% transfer tax on all buys and sells funds the treasury
- ✓Manual treasury management ensures strategic NFT purchases
- ✓Profit-driven selling generates returns from NFT flips
- ✓Buyback & burn mechanism creates deflationary pressure
- ✓Constant buying pressure for both Derps NFTs and DRPSTR
- ✓100% transparent with real-time on-chain verification
The DRPSTR Flywheel
A self-sustaining value generation cycle powered by transparent tokenomics
"Every transaction powers the ecosystem, every profit strengthens the token"
Tokenomics Deep Dive
Token Information
Tax Distribution
📊 Tax Split: 90% Treasury / 10% Team
Of the 10% transfer tax collected, 90% goes to the treasury for NFT purchases and ecosystem operations, while 10% goes to the team for development and operations.
Deflationary Mechanics
DRPSTR implements multiple deflationary mechanisms to reduce supply over time:
Treasury Operations
The DRPSTR treasury employs multiple strategies to generate value and support the ecosystem:
S Tax for NFTs
Tax collected in S (Sonic) is used to strategically buy NFTs from supported collections, providing constant buying pressure and floor support.
DRPSTR Tax for LP
Tax collected in DRPSTR is used to add Protocol Owned Liquidity (POL) and strengthen the LP, ensuring deep liquidity for trading.
DRPSTR Burns
A portion of DRPSTR tax is burned permanently, reducing total supply and creating deflationary pressure on the token.
DRPSTR Bribes
DRPSTR tax is used as bribes to incentivize ecosystem growth, reward liquidity providers, and drive protocol adoption.
Manual Purchasing
The treasury manually identifies and purchases Derps NFTs at strategic prices to ensure nothing goes wrong or is abused.
Strategic Selling
NFTs are manually sold at strategic price points to maximize profit while supporting healthy floor prices.
Ecosystem Participation
Actively participating in the Derps ecosystem with our Derps, allowing us to mint Berps and engage in other activities, increasing protocol value.
Transparent Activity
All treasury operations are visible on-chain and tracked in real-time on the dashboard for complete transparency.
Derp Ecosystem Expansion
Accumulating Berps, Derp, and other Derp NFTs using $derp claimed from holding Derps, expanding our ecosystem presence and generating additional value.
Derp Ecosystem Strategy
Powering the Derp Ecosystem
💎But Wait, There's More!
DRPSTR doesn't just flip NFTs, we actively participate in the entire Derp ecosystem to maximize value creation and capture profits from multiple angles.
Daily $DERP Claims
Every Derp NFT held by the treasury can claim 100 $DERP per day. We collect these tokens consistently, building up our $DERP reserves.
BERP Minting
When we accumulate 3,200 $DERP, we use it to mint a BERP NFT from one of our held Derps. Both the $DERP rewards and the newly minted BERP go straight back to the treasury.
🔄The Ecosystem Flywheel
Hold Derps: Treasury accumulates Derp NFTs through strategic purchases
Claim $DERP: Each Derp generates 100 $DERP tokens daily
Mint BERPs: At 3,200 $DERP threshold, mint new BERP NFTs
Expand Portfolio: $DERP and BERPs increase treasury's ecosystem holdings
Multiple Revenue Streams: Trade BERPs, participate in Derp Quest, buy Derp items, and more
Capture All Angles: Building a truly diverse Derp Ecosystem portfolio that captures profits from every direction
Future Ecosystem Participation
Who is DRPSTR For?
NFT Enthusiasts
Support the Derps ecosystem while benefiting from treasury NFT trading. Every DRPSTR transaction contributes to NFT floor support.
Passive Investors
Hold DRPSTR and benefit from deflationary burns and treasury growth without active management required.
Derp Enjoyers
For those who just love Derps and want to see more Derps bought with more Derps. It's Derps all the way down.
Long-term Holders
Benefit from sustained treasury growth, continuous token burns, and the compounding effects of successful NFT flips.
Meet the Founders
The team behind DRPSTR
Why Trust Us?
Getting Started with DRPSTR
Buy DRPSTR
Purchase DRPSTR tokens on Shadow.so or other supported DEXs on Sonic. Make sure you have S tokens for gas fees.
- •Connect your wallet
- •Swap S for DRPSTR
- •10% tax applies on purchase
Hold & Support
Your holdings automatically contribute to the ecosystem through the 10% transfer tax on any sell.
- •No staking required
- •Transparent treasury
- •Real-time tracking
Watch Treasury Grow
Monitor the treasury's growth and NFT acquisitions in real-time through our dashboard.
- •Live NFT holdings
- •Purchase history
- •Profit/loss tracking
Track Performance
Use the dashboard to track NFT purchases, sales, token burns, and overall protocol performance.
- •Real-time stats
- •Burn tracker
- •Trading volume
Frequently Asked Questions
Important Risks & Disclaimers
Please read carefully before investing
Investment Risks
- •Market Volatility: Cryptocurrency and NFT markets are highly volatile. Token value can fluctuate significantly.
- •Smart Contract Risk: Smart contracts may contain undiscovered vulnerabilities. DRPSTR has not undergone a professional third-party audit.
- •NFT Market Dependency: Treasury performance depends on NFT market conditions which can be unpredictable.
- •Liquidity Risk: During periods of low trading volume, it may be difficult to sell tokens.
- •Impermanent Loss: Providing liquidity on DEXs carries risk of impermanent loss.
Legal Disclaimers
Not Financial Advice: Nothing on this website constitutes financial, investment, legal, or tax advice. Always do your own research (DYOR) and consult with qualified professionals before making investment decisions.
No Guaranteed Returns: DRPSTR does not guarantee any returns, profits, or specific outcomes. Past performance is not indicative of future results.
Regulatory Uncertainty: Cryptocurrency regulations vary by jurisdiction and are subject to change. Ensure you comply with local laws.
Risk of Total Loss: You should only invest what you can afford to lose completely. Cryptocurrency investments carry the risk of total loss.
Geographic Restrictions: DRPSTR may not be available in all jurisdictions. Users are responsible for ensuring compliance with local laws.
By participating in DRPSTR, you acknowledge:
- ✓ You understand the risks involved
- ✓ You have read and understood this documentation
- ✓ You are not relying on any promises or guarantees
- ✓ You are responsible for your own investment decisions
- ✓ You comply with all applicable laws in your jurisdiction
Ready to Join DRPSTR?
Start supporting the Derps ecosystem today with confidence