<div id="readability-page-1">Slonks NFT has utilized an on-chain model to reconstruct CryptoPunks, with the slop value determining the production of $SLOP tokens. According to PANews, the merge mechanism has led to accelerated token burning, resulting in a 5% reduction over five days. This process has sparked a conflict between deflation and rarity valuation, resembling an on-chain Darwinian evolution.</div>

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<p>Slonks NFT has reconstructed CryptoPunks using an on-chain model, where the slop value influences the production of $SLOP tokens. The merge mechanism has accelerated token burning, leading to a 5% reduction in five days. This has created a conflict between deflation and rarity valuation, akin to an on-chain Darwinian evolution.</p>

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Slonks NFT Reconstructs CryptoPunks Using On-Chain Model