Punk is down to 18 eth and continues to drop by 2 eth/day. This is a pretty sweet mechanism for increasing RTP without changing any protocol settings, while at the same time adding a marketing beat for $fwa.
Spins become more attractive the lower the punk goes. Protocol fees + backing reductions go towards buying more punks to run the same playbook, making spins even more attractive and so on.
I expect somebody is going home with a punk from FWA in the next week or so.
I don't know if this is fully understood yet or if everyone is aware of it but every 12 hours the backing of the Punks purchased this way gets lowered by 1 Eth, all the way down to 1 Eth, and lower backing means higher odds of getting pulled on FWA. So if nobody hits the Punk early, it progressively becomes easier and easier to pull until you eventually have a Punk sitting in the FWA machine with just 1 Eth of backing and that's probably one of the cheapest ways to ever have a real shot at acquiring a Punk. The first Punk is already in and is now sitting at 20 Eth of backing after 8 days