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I will bang my fists on this point 1000 times
(10k+) NFT collections need permanent and deeper liquidity to thrive like memecoins
That permanent liquidity should grow over time with trade volume and provide stabilization to illiquid orderbooks
Treasury cos are an offchain flavor of this
Just imagine if Pengu or Apecoin had a flywheel to acquire the collection over time with fees
Do you know what the penguin/ape floors would look like?
The protocol could also auction off assets as they appreciate and buy back the token
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