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Illustrative Kitty #1. The first auction has not started. The wallet structure and figures on this page demonstrate how a settled kitty will work.
Illustrative Kitty #1 artwork
First auction artworkKitty #1

KITTY #001

Art that carries a wallet.

The token is not a picture beside an account. It is the key to the account, and the account carries its assets wherever the kitty goes.

  1. 01

    Kitty is the key

    Whoever holds the NFT controls its account.

  2. 02

    Wallet is bound

    The ERC-6551 account moves with every sale.

  3. 03

    Punch routes backing

    ETH, PUNCH20, KLP, and KUSD stay inside.

Illustrative wallet allocation

1.24 ETH

Example values only. Kitty #1 has not auctioned.

  • Reserve WETH0.48 WETH
  • KLP0.28 WETH
  • KUSD0.16 WETH
  • Punch Perps / dKLP0.08 WETH
  • PUNCH2012,400 PUNCH20

The PUNCH20 segment is shown at an illustrative 0.24 ETH-equivalent share; its token amount is listed above.

After PUNCH launches, bound PUNCH20 converts 20:1 and stakes inside the kitty wallet automatically.