---
title: "Slonks NFT Reconstructs CryptoPunks Using On-Chain Model"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285474793.md"
description: "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."
datetime: "2026-05-07T02:43:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285474793.md)
  - [en](https://longbridge.com/en/news/285474793.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285474793.md)
---

# Slonks NFT Reconstructs CryptoPunks Using On-Chain Model

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.

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