punk.rip stress test
AI summary of the linked articleThe author describes a large punk.rip run in which they won CryptoPunk #6096 but finished about 6 ETH down overall. They cleared the first 1,500 spins at negative expected value, which cost around 36 ETH, then pulled heavily once the pool fell below 500 NFTs. Pull failures from price movement, which the author says a price drift setting would have reduced from 4,000 to 400, forced many refunds and redeposits. The author ended with about 58 ETH in NFTs, 2 ETH in $FWA spinner rewards, and 0.4 ETH in staking rewards. |
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