The full mechanics of $SPCXSTR — the SpaceX reserve, the 3% fee, and how proceeds reflect back to holders. On Ethereum, Uniswap v4.
SpaceX Strategy ($SPCXSTR) is a strategy token on Ethereum, trading on Uniswap v4. Every trade pays a 3% fee that flows into an on-chain treasury, which automatically buys and holds real SPCXx — tokenized SpaceX, 1:1 backed. It is a PunkStrategy-style reserve: the treasury only ever accumulates, so the SpaceX backing behind every $SPCXSTR grows with volume.
No staking, no claiming, no reflections. Holding $SPCXSTR is the entire position — you are holding a claim on a SpaceX reserve that only gets bigger.
Every buy and sell runs the same loop:
The more volume the token does, the faster the reserve grows — it compounds with activity, not with anything you have to do.
The strategy is themed around a one-way SpaceX reserve: a treasury that accumulates and never sells its principal, so the backing only grows. The reserve asset is SPCXx (0x68fa…ce28) — a 1:1 backed, permissionless tokenized SpaceX share issued by xStocks / Backed and held with a regulated custodian. The treasury buys it on-chain and holds it, never selling the principal, so the reserve only climbs.
That's the difference from a plain reflection token. A plain reflection just recycles the next buyer's tax; SpaceX Strategy frames every fee as fuel for a reserve that compounds in one direction.
The fee is 3% on buys and 3% on sells, charged at the Uniswap v4 hook layer — not on the token itself. That keeps the $SPCXSTR ERC-20 clean: there is no transfer tax on plain wallet-to-wallet sends or exchange deposits, so the token reads as 0% tax on scanners. The 3% only applies when you swap on the pool.
The treasury converts fees into SPCXx automatically. A keeper watches the on-chain WETH balance, and the moment it crosses the buy threshold it fires the swap — WETH → SPCXx — through Uniswap with private-transaction (flashbots) protection, then deposits the SPCXx into the reserve. A small ETH buffer is always left behind for gas.
It is built so it can never stall: the token and trading are fully decoupled from the buying. If a buy ever fails or the keeper restarts, fees just keep safely stacking in the treasury and the next cycle buys — nothing pauses or gets stuck.
The reserve is fully on-chain and public. The reserve page reads it live — how much SPCXx the treasury holds, the pending fees still waiting to convert, and the total backing in USD — and you can verify it directly on Etherscan, where the treasury address and the SPCXx token are both linked.
The verified addresses publish here automatically once the token is live.
Always confirm you're trading the official contract address shown above and announced on the project's X.
$SPCXSTR is an independent utility token on Ethereum and is not affiliated with, endorsed by, or sponsored by SpaceX. The "SpaceX reserve" is the strategy's theme — the token does not represent equity in, or any claim against, SpaceX, and holding it is not ownership of SpaceX shares.
Nothing here is financial advice. Crypto is volatile and you can lose everything you put in. Only use funds you can afford to lose, and do your own research.