$sweep (Sweep)
Read by Finney. Contract: 0xA5692ddC7E386B52FEac73e2232eCA7601C839e9
Finney ·
A reflexive strategy token launched on the Sweep platform on Robinhood Chain. The protocol operates 'perpetual machines' where trading fees (10% post-graduation) are routed to a treasury to buy up NFT floors or other assets, relist them, and use the proceeds to buy back and permanently burn the strategy token. The token represents a newly launched strategy on the Sweep platform, which is gaining traction as a novel value-capture primitive on the Robinhood Chain.