tokenworks

【Market Flash】TokenWorks disclosed that 8 NFTStrategy contracts have a swap vulnerability that allows a protocol NFT to be exchanged for another NFT. The issue came to light after SquiggleStrategy was exploited: the attacker took a Squiggle and swapped in an Art Blocks piece. PunkStrategy is unaffected, and the launch of the new strategy has been delayed by several days. Which vulnerability should be fixed first? Share your thoughts in the comments.
$ETH $PNKSTR $APE
#NFT #TokenWorks #ContractVulnerability
(Source: eGamers)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.

TokenWorks Official Latest Updates: The initial release phase of our旗下 "Fake World Assets" has been successfully completed, and the tokens have been allocated to participants.

📌 Key Highlights at a Glance:

⏰ External purchase opening time: Officially starts at 3:00 on August 5, Beijing Time

💸 Purchase Function Paused Window: Purchases will be paused from 8:00 PM to 12:00 AM on August 4. During this period, depositors may apply for withdrawals

📉 Fees Significantly Reduced: The additional purchase fee is lowered from 5% to 2.5%. The depositor bid ratio increases from 85% to 90%. The cost and profit structure for both buyers and sellers is optimized in tandem

🔥 Upgraded Buyback & Burn Mechanism: Going forward, 50% of the protocol fees that originally belonged to TokenWorks will be transferred into the buyback pool. Distribution rules: 70% to buyers, 10% to depositors, and 20% directly burned—creating a continuous positive feedback loop of sustained deflation + user rewards

From the perspective of on-chain financialization experiments, this mechanism update clearly shifts in favor of "long-term holder interests." Through the design of buyback & burn + proportional distribution, the project’s revenue is deeply tied to community incentives. For participants, the reduced fees and higher bid ratio mean a more friendly participation threshold; for observers, the burn mechanism also provides underlying support for the token’s value.

⏳ There are less than 24 hours until external purchases open. The depositor withdrawal window is only open for 3 hours—be sure to watch the time points and plan your participation strategy in advance.

#TokenWorks #空投 #链上金融

TokenWorks Announces: The Initial Release Phase of Fake World Assets Has Ended, and Tokens Have Been Distributed to Participants.

📌 Key Time Points (Beijing Time)
August 4, 21:00–24:00: Pause the purchase function; only for depositors to withdraw
August 5, 03:00: External purchases officially open

📊 Highlights of the Mechanism Upgrade
• 50% of the protocol fees originally attributed to TokenWorks will be redirected to the buyback mechanism
• Token buyback allocation: 70% to buyers, 10% to depositors, 20% directly burned
• Additional purchase fee reduced from 5% to 2.5%
• Depositor bid proportion increased from 85% to 90%

Based on the distribution ratios, the project clearly leans toward "buyers + burn," and incentives for long-term holders are significantly enhanced. The expected FDV sell-pressure may ease somewhat.

An on-chain financialization creative experiment project—its mechanism design is becoming more like a legitimate DeFi protocol. Purchases open on August 5—are you ready to go all in?

#TokenWorks #空投 #DeFi

TokenWorks Latest Update: The initial release phase of Fake World Assets has concluded, and tokens have been distributed to participants. The external purchase channel officially opens on August 5 at 3:00 (Beijing time). Purchases are paused from August 4, 21:00 to 24:00, and depositors can withdraw.

Of note is the change to the protocol fee structure: the original 50% of protocol fees that were allocated to TokenWorks will shift to a buyback mechanism. Buyback tokens will be distributed with 70% to buyers, 10% to depositors, and 20% directly burned. This means buy-side and burn pressure will continue to build up; long-term holders are expected to benefit from the protocol’s growth dividends.

Meanwhile, the additional purchase fee is reduced from 5% to 2.5%, and the bidding rate for depositors increases from 85% to 90%, making the parameters more friendly to both buyers and sellers. If you want to participate, remember to set an alarm so you don’t miss the opening window.

#TokenWorks #空投 #On-chain finance

TokenWorks Latest Update: The initial release phase of Fake World Assets has ended, and external purchases will officially open at 3:00 AM Beijing time on August 5.

A few key adjustments to note:

① Purchase will be paused from 21:00–24:00 on August 4 to make room for depositors’ withdrawals. If you’re planning to buy, remember the time window.

② Lower fees: The additional purchase fee has been reduced from 5% to 2.5%, which is friendlier for buyers. For depositors, the bid rate has been increased from 85% to 90%, making returns more attractive.

③ Buyback mechanism implemented: In the future, 50% of the protocol fees that originally belonged to TokenWorks will be redirected toward buybacks. The buyback tokens will be distributed as follows: 70% to buyers, 10% to depositors, and 20% directly burned—providing ongoing support for the value of held tokens.

Allocations have already been completed to participants in the initial phase. Once the external window opens, it means liquidity in the secondary market will enter a new stage. In the short term, it’s a battle of sentiment; in the long term, it comes down to the protocol-fee return flow and the burn schedule.

Timeline summary:

· August 4, 21:00–24:00: Purchases paused; depositors withdraw
· August 5, 3:00 AM: External purchase channel opens

What do you think about this fee adjustment and the buyback/fee-splitting structure? Let’s discuss in the comments.

#TokenWorks #空投 #On-chain Finance

TokenWorks shared a post announcing that its on-chain finance-ization creative experiment project, Fake World Assets, has completed the initial release phase, and tokens have been allocated to participants.

External purchases will officially open at 3:00 AM Beijing time on August 5. From 9:00 PM to 12:00 AM (24:00) on August 4, the purchasing function will be paused so depositors can withdraw funds—please note these time points accordingly.

Fees and incentives are adjusted in tandem:
• Additional purchase fee lowered from 5% to 2.5%
• Depositors’ bid share increased from 85% to 90%
• In future protocol fees, the 50% originally attributed to TokenWorks will be redirected to the buyback mechanism

The token buyback allocation ratios have also been clarified: 70% to purchasers, 10% to depositors, and 20% to be burned. Overall, the mechanism design offers greater concessions to both buyers and depositors, while also introducing deflationary burns. Interested players can keep an eye on the opening window in the early hours of the 5th.

#TokenWorks #空投 #Web3

TokenWorks Official Announcement: The initial release of Fake World Assets is now complete. Token distribution has been finished, and the external purchase channels will officially open at 3:00 AM Beijing time on August 5.

A few key changes worth highlighting:

① Upgrade to the protocol fee split mechanism
In the future, the 50% of protocol fees that previously belonged to TokenWorks will be moved into the buyback pool. The tokens obtained from the buyback will be allocated at 70% / 10% / 20%—with the majority going to buyers, the next portion to depositors, and the remaining part being directly burned, creating a deflationary effect.

② Fee rate and bid optimization
The additional fee for purchases will be reduced from 5% to 2.5%, lowering the threshold. Depositor bids will be increased from 85% to 90%, making the revenue structure more favorable.

③ Maintenance window reminder
From 21:00 to 24:00 on August 4, the purchase function will be paused. This is exclusively to make room for depositors’ withdrawal process. Please arrange your funds in advance.

As an on-chain financialization creative experiment, this round of adjustments by TokenWorks clearly shifts toward “incentivized purchases + long-term holding.” With the added deflation mechanism and improved fee rates, this is a window of opportunity for external participants. We recommend keeping an eye on the opening node at 3:00 AM Beijing time on the 5th.

#TokenWorks #空投 #On-chain finance
$FAKE

TokenWorks announced today that its on-chain financialization creative experimental project, Fake World Assets, has completed the initial release stage and that tokens have finished being allocated to participants.

External purchases will officially open at 3:00 on August 5, Beijing time. Interested users may enter at the scheduled time.

The protocol fee structure has also seen a major update:
• The original 50% of protocol fees attributed to TokenWorks will be redirected to a buyback mechanism
• Buyback token allocation: 70% to buyers, 10% to depositors, 20% directly burned
• Additional purchase fees reduced from 5% to 2.5%
• Depositor bidding share increased from 85% to 90%

Between 21:00 and 24:00 on August 4, the purchasing function will be paused. A dedicated withdrawal channel for depositors will be opened to help everyone exit in an orderly manner.

Judging by the direction of these adjustments, TokenWorks is clearly strengthening incentive and feedback for both buyers and depositors. The buyback-and-burn mechanism will also help build long-term deflationary support. Positive for the short term, beneficial for long-term participants.

⚠️ In the early stage of external purchase openings, price volatility is often high. Be sure to conduct a risk assessment and enter rationally.

#TokenWorks #空投 #DeFi

TokenWorks latest updates👇

The initial launch phase of Fake World Assets has concluded, and the tokens have been allocated to participants. Next key milestone:

🗓️ August 5, 03:00 (Beijing Time) External purchases officially open
⏸️ August 4, 21:00–24:00 Pause purchases to allow depositors to withdraw

Fees and incentives have also been adjusted accordingly:
• Additional purchase fee: 5% → 2.5%
• Depositors’ bidding rate: 85% → 90%
• In future protocol fees, the 50% that originally belonged to TokenWorks will be redirected to buybacks
• Buyback token allocation: 70% to buyers, 10% to depositors, 20% directly burned

For depositors and early participants, this is a clear upgrade to the return structure. If you’re planning to get in, keep an eye on the time window.

#TokenWorks #空投 #on-chain finance

TokenWorks just released a major update!

The initial release phase of Fake World Assets has been successfully completed, and the tokens have been distributed to participating users' accounts.

Here are a few key time points at a glance👇

⏰ August 4, 21:00–24:00: Purchase function will be paused (to make room for withdrawals for depositors)
⏰ August 5, 03:00: External purchases officially open

Economic model updates worth noting:

1️⃣ Of the future protocol fees that were originally allocated to TokenWorks (50%) will be redirected into a buyback mechanism
2️⃣ Buyback token allocation: 70% to buyers / 10% to depositors / 20% directly burned
3️⃣ Additional purchase fee reduced from 5% to 2.5%
4️⃣ Depositor bid ratio increased from 85% to 90%

A triple combination of the burn mechanism + buyback dividends + fee reductions—looks like it’s continuously optimizing incentives for token holders. For friends who are planning to participate in the external purchase, remember to calculate the Beijing time node at 3:00 AM on August 5.

On-chain financialization creative experiments—getting more and more solid as you play 🔥

#TokenWorks #空投 #On-chain Finance

$ENA After a strong downside rejection near the 0.5528 support, ENA$ENA shows signs of recovery from the oversold zone, forming a potential reversal candle. A clean break above 0.5575 could trigger a bullish push toward higher resistance levels.

#ENA #BlackRock #TokenWorks