Strategies / NVDASTR · launching soon
The perpetual NVIDIA machine.
The second Strategies machine, and the first paired against a stock token rather than ETH. NVDASTR trades against NVDA, which means its tax accrues in the stock directly — the treasury never has to go buy anything.
Contract addresses publish at launch. Nothing is deployed yet — ignore any NVDASTR token claiming otherwise.
01 — The mechanism
Four steps, same as ever.
01
Trade
$NVDASTR trades against NVDA — not ETH. A 10% tax is enforced at the pool level and split 9% treasury, 1% dev.
02
Accrue
Because the pair is the stock itself, the tax arrives as NVDA. There is no ETH leg to route through and nothing to buy.
03
List
Treasury NVDA is listed as bags priced in USDG at a +10% premium over the Chainlink NVDA/USD feed.
04
Burn
Every bag sale routes its USDG back through NVDA into NVDASTR and burns it. Burns are funded by bag sales alone.
02 — What's different
Not a reskin of SPCXSTR.
Pairing against a stock token instead of ETH changes the machine, not just the ticker. These are new contracts, not a find-and-replace.
The tax is already the stock
SPCXSTR taxes in ETH and then has to go buy SPCX. NVDASTR pairs against NVDA directly, so the acquisition leg — and the overpay cap that guarded it — leaves scope entirely.
Priced in NVDA, not ETH
The pool quotes NVDASTR in the stock token, so NVDA's own appreciation lifts the position without a single trade. NVDA beta instead of incidental ETH beta.
Bags settle in dollars
Listing in USDG makes the premium literal: a $100 bag lists at $110. It also drops the ETH/USD feed out of the pricing path.