TEAR DOWN THAT SELL WALL: Chimpers And TokenWorks Make Changes To $CHMPSTR To Help The Flywheel Spin More Freely!
- Kyle
- 6 hours ago
- 2 min read
Mr. Token Works, tear down that sell wall!
On Wednesday, the Chimpers channeled their inner Ronald Reagan, teaming up with the TokenWorks team to tear down the massive sell wall their protocol created last fall and help the flywheel spin more freely.
“Chimpers had a problem” the project tweeted. “When $CHMPSTR launched, the protocol's market mechanics rapidly accumulated around 400 Chimpers. Over time those listings became concentrated into what holders came to know as "the wall." Today, that changes. In collaboration with @token_works we've upgraded the protocol.
With this update, the 400 Chimpers NFTs owned by the $CHMPSTR Strategy Coin protocol will be relisted at randomized prices ranging from 1.1x to 5x the floor, and all future protocol purchases will follow the same pricing model.
“We had a problem. We fixed it,” Chimpers Co-Founder Insight Chimp tweeted. “The wall became one of the biggest structural issues in the ecosystem. Rather than ignore it, we redesigned the mechanics so it can’t happen again. The handbrake is finally off and we have a much healthier foundation to build on. Onwards!”
As the Gazette prevously reported, TokenWorks Strategy coins run on a smart contract. Once the contract collects enough fees, it purchases a floor NFT from that collection and lists it above the floor. When that NFT sells, the proceeds are used to buy back and burn the token. No one controls these Perpetual NFT Machines, they simply run perpetually.
Chimpers Strategy Coin launched in October 2025, and the project adopted it as the official token of its ecosystem around the same time.
With today's update, the Chimpers aren't trying to reinvent the flywheel, they're trying to make it spin better than ever.
“The flywheel itself doesn't change,” the project tweeted. “ We've also upgraded the underlying protocol architecture, reducing the need for future contract upgrades as the ecosystem evolves. This isn't about changing the vision. It's about strengthening the foundations that support it. A healthier marketplace. A more flexible token. A stronger protocol. The next chapter starts here.”
The Gazette will continue to follow all things Chimpers and will let you know how today's protocol changes impact the flywheel and the project going forward. Stay tuned for updates!