CheckStrategyPrice(CHKSTR)
Details CheckStrategy (CHKSTR) Price information (USD)
The current real-time price of CHKSTR is $0.0002. In the past 24 hours, CHKSTR has traded between $0.0002 and $0.0002, showing strong market activity. The all-time high of CHKSTR is $0.0048, and the all-time low is $0.0002.
From a short-term perspective, the price change of CHKSTR over the past 1 hour is
CheckStrategy (CHKSTR) Market Information
CheckStrategy (CHKSTR) Today's Price
The live price of CHKSTR today is $0.0002, with a current market cap of $242.375K. The 24-hour trading volume is 18.91. The price of CHKSTR to USD is updated in real time.
CheckStrategy (CHKSTR) Price History (USD)
No data
What is CHECKSTRATEGY (CHKSTR)?
When is the right time to buy CHKSTR? Should I buy or sell CHKSTR now?
Before deciding whether to buy or sell CHKSTR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CHKSTR technical analysis can provide you with trading references.
Future price trend of CHKSTR
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CHKSTR.
How much will CHKSTR be worth tomorrow, next week, or next month in ? What about your CHKSTR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CHKSTR Price Prediction
How to buy CHECKSTRATEGY (CHKSTR)
Convert CHKSTR to local currency
CHKSTR Resources
To learn more about CHKSTR, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0000...e08a90  | 447.517M | 47.81% |
ethereum | 0x468c...c7bf01 | 29.421M | 3.14% |
ethereum | 0x8da2...8782ff | 27.331M | 2.92% |
ethereum | 0x1037...595624 | 25.833M | 2.76% |
ethereum | 0x2221...7b0d28 | 25.176M | 2.69% |
Other | 380.783M | 40.68% |
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CHECKSTRATEGY (CHKSTR) FAQ
What is the "Perpetual NFT Machine" mechanic in CheckStrategy?
CheckStrategy is an automated on-chain system developed by TokenWorks that functions as a "Perpetual NFT Machine." The protocol collects fees from CHKSTR token swaps until a specific threshold is reached. Once triggered, the machine automatically purchases the lowest-priced NFT from the Checks - VV Originals collection on major NFT marketplaces and relists it at a 20% premium. This creates a continuous cycle of automated trading managed entirely by the smart contract.
How does the "Buy and Burn" deflationary mechanism function?
The deflationary aspect of the protocol is driven by its trading success. When an NFT held by the machine is sold at its 20% premium, the resulting profits are used to purchase CHKSTR tokens back from the market. These tokens are then permanently "burned," removing them from the circulating supply. This mechanism ensures that successful NFT trades directly contribute to reducing the total number of tokens in existence.
What is the reward for triggering the protocol's automated functions?
The protocol requires an external actor to initiate its buy and sell functions once the necessary thresholds are met. To incentivize this, the first entity to successfully trigger these functions receives a reward, typically consisting of a small portion of the accumulated assets. This ensures the "machine" remains active and decentralized, as community members are motivated to monitor the system and execute the necessary transactions.
Which network is CHKSTR on and how can users identify the correct contract?
The official CheckStrategy project is hosted on the Ethereum network. Users should be cautious of similarly named tokens on other blockchains like Solana, which do not feature the same NFT-machine utility. To ensure safety and avoid scams, users should verify they are interacting with the official Ethereum contract address (0x2090dc81f42f6ddd8deace0d3c3339017417b0dc) as listed on official project channels or the LBank platform.
What is the relationship between CHKSTR and PNKSTR, and which NFTs are supported?
PNKSTR (PunkStrategy) was the first version of this protocol, focusing on the CryptoPunks collection. CheckStrategy is a subsequent project that specifically targets the Checks - VV Originals collection by Jack Butcher. While the machine currently focuses on this specific collection, it represents a specialized branch of the TokenWorks ecosystem, utilizing the same automated strategy to provide liquidity and utility within the NFT market.
What safety precautions and tokenomics should traders be aware of?
Traders should note that the project uses a fee-on-transfer mechanism to fund NFT purchases, which may require setting slippage higher (often 5-10%) during swaps. While some automated security scanners may flag the contract due to its unique liquidity and permission structures, these are functional parts of the "machine." Users are encouraged to use the official project dashboard to verify the amount of assets held by the protocol and the status of the next NFT purchase.
