# SPXStrategy the perpetual SPX6900 machine.

Introducing SPXStrategy, The Perpetual SPX6900 Machine. Get exposure to [#SPX6900](https://x.com/search?q=%23SPX6900\&src=hashtag_click) forever.

$SPXSTR is an onchain tradable fund that allows holders to get access to SPX6900 without buying the token. 

<figure><img src="/files/3REhrHMQ3xkFmd2iRVIO" alt=""><figcaption></figcaption></figure>

How does SPXSTR work?

1\. 5% of each SPXSTR trade is taken as a fee and stored in the protocol.

2\. When the fee threshold is met by the protocol, the contract buys one ETH of SPX6900.<br>

3\. The SPX6900 tokens get instantly listed as a limit order at a 20% higher price.

4\. When the limit is filled, all of the ETH proceeds instantly buys and burns SPXSTR.

The mission: Buy and Sell SPX6900. Profit. Pour into SPXSTR. Fly-wheel effect.<br>

Protocol fees: 5%

Fees on trades are used to power the accumulating machine, there is a minimum 5% fee on trades. ETH from SPX6900 sales is used to buy the token and burn it, moving the ETH back into the LP.

SPXSTR supply shrinks, and LP grows.


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