CHONKS
The chonkiest coin on the chart.
The treasury holds a 5x long on $STONK. Creator fees feed the position, the burns and the airdrops. The cat does the rest by eating.
Community meme. No promises of returns. Not financial advice.
How it works
Chonks was launched on Stonkerage, which lets a coin pair with any asset on Stonk and put fees toward leveraged positions on Hyperliquid. Every creator fee and every profit gets split the same way, every time.
Creator fees
75% to the 5x long. Fees add margin to the treasury's long on $STONK.
10% to burns. Fees buy $CHONKS and burn it.
15% to airdrops. Fees buy $CHONKS and send it to holders.
The platform keeps 10% of creator fees first, at the current rate, and uses it to buy and burn partner coins and STONKERAGE. The split above is of the rest.
Profits taken
50% burns $CHONKS. Realized gains buy it and burn it.
50% airdrops $CHONKS. Realized gains buy it and send it to holders.
Margin freed up when profits are taken goes back into the strategy.
Burns and airdrops depend on fees and realized gains. Neither is guaranteed.
Money report
Numbers from the Stonkerage page for $CHONKS, including the days the position is down.
Source: the $CHONKS page on Stonkerage. Figures move with the market. Not financial advice.