$THETA
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Another part worth understanding/knowing is how the contract keeps funding the next Punk: 20% of TokenWorks trading fees on $FWA are redirected to buy Punks from PunkStrategy, then, as the backing of each Punk gets lowered, that Eth + the fees the position earns are recycled as
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AI visual note: The image displays the FWA platform's "Legendary" rarity pool of NFTs, prominently featuring CryptoPunk #3498 backed by 20.3048 ETH at 0.000055% odds, illustrating the high-value digital collectibles that receive recycled ETH backing through TokenWorks trading fees. This visual exemplifies how the contract mechanism described in the post selectively lowers backing on select Punks (like #3498) and reinvests fees into the ecosystem.