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PulseX How The Volume Bonus Works

Imagine that each Sacrifice Point grows legs, puts on a shirt with his Sacrificer's address on it and lines up in a big line out front of an auditorium.

Same as with the PulseChain Sacrifice Just like with the PulseChain Sacrifice the PulseX sacrificers will get a Volume Bonus Multiplier of up to 2.5x. Everyone's Sacrifice is publicly viewable during the period by checking the public balances of the Sacrifice addresses list on each chain. This way you might know when you want to sacrifice some more to move up in the rankings.

The largest Sacrificer's points line up first. Then the 2nd largest. They file in and fill up the rows from the front to the back. Now an attendant comes in, and starts handing out bonus cards. He goes down the rows, in the same order they entered, and hands everyone a card. When he's done they see that the first card handed out is a 2.5x. Every card he handed out after was worth ever so slightly less till he got to the very back, where the last card was just barely more than 1x. The difference between each card and the next is always the same.

Now all the points stand up, and head to the changing room in the same order they entered the auditorium. The first point enters and out comes 2.5 points, all wearing the same Sacrificer's address on their shirt. What does a half point look like you say? Fun sized is the answer. This continues until every Sacrificer's points have all gotten the bonus they deserve. In math speak, it's a linear bonding curve from 1x to 2.5x.

The top guy's coins took up the most space and in the best location. The next guys points took up the 2nd most space and in the 2nd best location. And so forth. If someone adds to their Sacrifice, overtaking you before the end, your Sacrifice Points get pushed further down the bonus ranking.

The last 5 days February 21st - 25th will have the worst rate and won't get a variable Volume Bonus. Instead every Sacrifice on the last 5 days will get a flat 1.75x Bonus.

Check your ranking You can check your current Volume Bonus ranking on PulseXlead.com. This site currently only tracks Sacrifices on the Ethereum chain. If you sacrificed on a different chain you have to imagine where you'll fit in the ranking. You can sacrifice more than once, and combine across chains.

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PulseX Will Have The Most Liquidity on PulseChain

The initial liquidity for PulseX comes from a bot called the "AMM ratio fixer bot". It harvests over around 99.9% of many coins liquidity from Uniswap, Suishiswap and other popular markets at launch, then recreates those pairs on PulseX and adds the liquidity it has harvested along with fresh PLS to make PulseX the vastly most liquid exchange on PulseChain. As users want the best deals for their trades, they tend to go where the liquidity is the largest. That creates volume. As liquidity providers make profit on volume, they are likely to deposit on the exchange with the most volume. It is hard for new competitors to overcome the critical mass of so much liquidity in one place.

Trading fees? Dirt cheap. PulseX will have a 0.29% fee that users pay on every swap. That is less than Sushiswap, Trader Joes, Quickswap and Uniswap. 76% of all trading fees could be distributed to Liquidity Providers. 21% could be used to buy and burn PLSX, reducing its supply over time. 0.01% of a trade's value goes to an address you must have no expectations of.

It's good to have all the Liquidity in a single place. Centralized liquidity also means the best deals for users because it results in low slippage. Meaning the price moves against them less when they swap. It also means that fewer arbitrage bots become rich equalizing the prices from different liquidity sources. It's more efficient.

PulseX has lower fees, the most liquidity on the PulseChain and only becomes more rare.

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PulseX How The Volume Bonus Works

PulseX How The Volume Bonus Works

Imagine that each Sacrifice Point grows legs, puts on a shirt with his Sacrificer’s address on it and lines up in a big line out front of an auditorium. Same as with the PulseChain SacrificeJust like with the PulseChain Sacrifice the PulseX sacrificers will get a Volume Bonus Multiplier of up to 2.5x. Everyone’s Sacrifice is publicly viewable during the period by checking the public balances of…

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PulseX When Will It Be Released?

PulseX When Will It Be Released?

When the PulseChain mainnet launches, probably in a few months. Is this PulseSwap?Yes. The name “PulseSwap” was more of a placeholder. It’s called “PulseX”, ticker symbol: PLSX How many PLSX will be there? Supply?The supply of PLSX will be determined by the total USD value that will be sacrificed. All PLSX will be minted to Sacrificers. No developer allocation, no treasury, no insiders that get…