what's Recursive Strategy?

Recursive Strategy is a type of autonomous onchain asset launched on the TokenStrategy platform by TokenWorks. These net-new assets self-perpetuate by pooling trading fees and automatically using the accumulated funds every 30 minutes to buy and burn the associated STR token. This mechanism incentivizes long-term holding by discouraging overtrading through continuous buy-and-burn pressure. Strategies operate fully onchain without oracles, ensuring permanence as long as the underlying chain functions, and the platform supports public launches of such perpetual strategies.