Leveraging Liquidity is Cute, it's Punk Rock
Liquidity as an Oasis
In the burgeoning NFT-Fi market, liquidity is an oasis. The availability of deep, instant liquidity is a critical factor in an asset's success or failure, as capital is always flowing in and out of the thousands of projects launched as NFTs, never returning to most. This fight for liquidity is one that all collections face, and Punk Rock Capital has identified itself as a proactive liquidity provider primarily targeting Remilia Collective’s collections (YAYO NFT, Milady Maker, Redacted Remilio Babies).
At Punk Rock Capital, our approach is straightforward yet impactful. We’ve aligned ourselves with the Remilia Collective, which has already started to leverage the governance system of FloorDAO with the purchase of over $40,000 worth of FloorDAO governance tokens. This is achieved through a series of votes known as the Floor Wars, where gFLOOR (Governance FLOOR) token holders collectively decide which NFT collections will be swept.