autorenew
Unlocking MLSTRAT's Flywheel: 43 MadLads Owned and Massive Buybacks Incoming

Unlocking MLSTRAT's Flywheel: 43 MadLads Owned and Massive Buybacks Incoming

If you're into Solana's vibrant NFT scene, you've probably heard of MadLads—a popular collection that's been making waves. But what if there was a token designed to pump up its floor price through a clever buy-and-sell mechanism? Enter $MLSTRAT, a community-driven token that's not just talk; it's actively buying MadLads NFTs and creating a flywheel of value. A recent tweet from @LadsStrategy breaks it down, showing just how close we are to some serious action.

What is MLSTRAT and How Does Its Flywheel Work?

Let's start with the basics. $MLSTRAT is a token built on Solana with a built-in protocol to support the MadLads NFT collection. Every time someone buys or sells $MLSTRAT, there's a 2.5% fee. Here's the smart part: 80% of that fee goes toward buying MadLads NFTs at the floor price (the lowest available listing) on platforms like Tensor. Another 10% supports the MadLads team, and the final 10% goes to Bands.

Once the protocol accumulates enough SOL (Solana's native cryptocurrency), it snaps up a floor MadLad and relists it at 1.2x the purchase price. When that NFT sells, the proceeds are used to buy back $MLSTRAT tokens from the market, which are then burned—permanently removing them from circulation. This reduces supply, potentially boosting the token's value. It's a self-reinforcing loop, or "flywheel," aimed at making MadLads stronger over time.

This isn't some pie-in-the-sky idea; it's already in motion, as highlighted in the thread.

The Latest Update: 43 MadLads in the Bag

In the tweet, @LadsStrategy shares some eye-opening data. The protocol currently holds 43 MadLads NFTs—an impressive stash that's growing. There are just 8 more NFTs to buy before the first sell triggers. When that happens, it'll unleash about 37.9 SOL (roughly $6,000 at current prices, but remember, crypto fluctuates) in buybacks for $MLSTRAT.

But it gets better. This threshold also means 20 of the owned MadLads will be listed for sale. The result? An estimated $180,000 in buying pressure on $MLSTRAT, plus around 2% of the token supply getting burned. That's a recipe for upward momentum.

Grid of MadLads NFTs owned by MLSTRAT protocol with floor prices and some marked as sold

The accompanying image visualizes these holdings, showing various MadLads with their floor prices hovering around 40-41 SOL. Some are crossed out, likely indicating past sales or exclusions, emphasizing the active churning in this system.

Why This Matters for Meme Token Enthusiasts

For those hunting meme tokens with real utility, $MLSTRAT stands out. It's not just riding hype; it's tied to a top-tier NFT collection on Solana, one of the fastest blockchains out there. The buyback and burn mechanics create deflationary pressure, which could lead to price appreciation as adoption grows. Plus, with Solana's low fees and quick transactions, it's accessible for everyday traders.

Community reactions in the replies echo the excitement. One user compares it to Ethereum's PNKSTR, calling it "Eth PNKSTR = Sol MLSTRAT." Others are bullish, noting the potential for explosive growth once the flywheel hits full speed. Even skeptics asking about downside risks (like if the token price drops) highlight the transparent discussion around it.

If you're a blockchain practitioner looking to level up, keep an eye on projects like this. They blend NFTs, tokens, and DeFi elements into something sustainable. $MLSTRAT could be a prime example of how meme-inspired tokens evolve into ecosystem boosters.

Looking Ahead: Is MLSTRAT the Next Big Thing?

With the protocol on the cusp of its first major sell cycle, the stage is set for $MLSTRAT to shine. Whether you're holding MadLads, trading Solana tokens, or just curious about crypto innovations, this flywheel is worth watching. As the tweet puts it: "$MLSTRAT is going much higher." Dive in, do your research, and see if it fits your strategy.

For more insights on meme tokens and Solana projects, stick around at Meme Insider—we're here to keep you ahead of the curve.

You might be interested