This project is one of the most innovative projects in the crypto space. It is PoolSea, a new optimal solution for PulseChain that includes a DEX, an NFT marketplace, a Staking pool, and stablecoin. That's the full package for a premium crypto experience. The best part is that you can trade with 0% fees on their DEX. And Earn daily yields with liquid-staked PLS. In this video, we're going to explore this project in detail in order to help you make your own opinion on whether or not it's worth investing in. Watch this video all the way through so you don't miss anything.
Hi Cryptoprnr! What is your favorite crypto, let us know in the comments!
If you like making crazy money with crypto, this is the place for you, here we explore new gems, and explain the best new tiny undervalued cryptos with 100X, or 1000x potential. You will also find all the news of the crypto space every day. So, stay tuned for more updates, and make sure to subscribe and activate notifications for all the upcoming videos. Follow us on our social channels and join as members for added perks!!
Now, let's get started.
We've talked about this project in our recent videos. If you've watched our videos on HPX, you should know that this is what we're talking about. At first, it was just a marketplace for NFT trading based on the PulseChain network where you can make profits by owning their crypto called $Hpx as one of the shareholders of their company. But since then, they decided to do something crazy. A full package of a premium crypto experience.
So, as we mentioned earlier, the project includes a DEX, an NFT marketplace, a Staking pool & stablecoin.
There will be more than 20,000,000 NFTs available on their NFT marketplace! That's almost x100 more than all PRC-20 available on PulseChain!
Their NFT marketplace will have an auto swap system where users can buy their favorite nft listed for Pulsechain (or pHex, PLSX, and USDL) using our cryptocurrency, $Hpx, and benefit from skipping the 2.22% commission.
If person X decides to put his nft up for sale for 10,000,000 PLS person Y will be able to buy it back with our $Hpx token using 0% commission. The savings on this transaction - are 222,222 PLS. And will be subject to a commission of 0.29% through the PulseX system.
This marketplace is absolutely awesome. There is no supply, no hidden wallets, no admin key, and most importantly 0% trading fees.
For you to earn $Hpx NFT tokens, you must burn an amount of $POOL equivalent to the amount of $Hpx you want. You will receive 1 HPX for every 1 POOL you burn. Hpx is designed to increase in value, especially with their 10,000x tokenomics.
Now their DEX is called PoolSea Swap.
PoolSea Swap users will enjoy the most affordable rates for exchanging assets in the market courtesy of their routing algorithm.
With Pathfinder, users will swap tokens through the most efficient paths. They will also be able to spread between various protocols and market depths all within one protocol, at the lowest commission rates, and in the least time possible.
With PoolSea Swap, liquidity also known as LPs will have the opportunity to maximize capital efficiency for better gains. That is because LPs will be able to concentrate their liquidity in specific price ranges.
Liquidity providers who provide more liquidity for price ranges with a higher concentration of trades will enjoy a larger share of fees and rewards in proportion to the liquidity they have provided. That way, such LPs will get higher ROIs.
Decidedly, PoolSea is one of the best upcoming projects on PulseChain and you are going to discover why in a few moments.
By the way, if you want to know how to MASTER DeFi & find other innovative projects, you should definitely take a look at our 'Mastering DeFi' course - exclusive for our viewers!
In this course, we share all the knowledge you need to Master DeFi in a fun and easy way. This course is currently in the pre-sale phase with a 95% OFF! Enrolling on presale gets you amazing bonuses like Early-Bird Access, Bonus Customized Class & once-in-a-lifetime price!
You can ask us any question related to DeFi or Crypto in general and we will answer all of them in the special bonus.
All of this will also help you to take better advantage of PulseChain when it finally comes out.
So what are you waiting for? Just click on the link in the description, and become a true cryptopreneur!
Now, let’s get back to the main topic.
They have presented on the DEX page of their site, a brief summary of how beneficial concentrated liquidity is in the context of AMMs. we suggest you take a look at it to see how it works. You should also take a look at their Dynamic fee system. It will help you to understand the amount of the fees and especially to optimize your transactions in order to pay the lowest possible fees.
Now, From the latest updates of pulsechain, we can know that PLS will no longer have delegated stakes. Which will cause to have an exponentially high Staking, just like ETH 2.0 currently has. The only solution for it will be to make a staking pool.
That is why this project offers a solution called Aqua Pool, which will let users stake their PLS in a liquid form of stPLS in their wallet. Users can take a loan against their stPLS to get their stablecoin called USDH. While taking a loan, their stPLS are earning them yields 24/7 directly in their wallet.
$POOL tokens will be a central component of their crypto ecosystem. This is because $POOL will serve many vital purposes.
$POOL will serve as the primary governance token for the DAO USDH and the staking of POOL
To ensure token deflation, up to 31.5% of the commission earned on their decentralized exchange will be used to purchase $POOL and then burn it
To acquire $Hpx tokens, an amount of $POOL equivalent to the amount of $Hpx tokens desired will be bought and burned
Stakers will earn daily PLS, PLSX, USDH, HEX, and many more rewards as $POOL tokens are withdrawn from the liquidity pool
A trade commission of only 0.01% will be charged on their decentralized exchange.
Overall, the POOL token has many utilities.
The interest charged on loaning out USDH is paid in POOL tokens. These tokens are then all burnt to ensure POOL remains a fully deflationary token.
Daily POOL buy & burn up to 31.5% from each commission earned from their Dex.
To generate Hpx which is an NFT token, one must first burn a specific amount of POOL tokens equivalent to the amount of Hpx they want. For each POOL token burned, a user will receive one Hpx.
Investors will enjoy daily rewards in Hex, PLS, PLSX, and stPLS as each time crypto tokens are withdrawn from the liquidity pool, stakers will receive yields on their staked POOL.
A fee of up to 3.1618% will be taxed whenever investors unstake their tokens. The Intelligent Selling tax fee will be proportional to the length of time one stakes their POOL. The longer you stake your POOL, the less the tax percentage will be.
POOL holders will be incentivized to stake for longer. The longer you stake POOL, the less the tax fee you'll be charged.
The POOL project will be rolled out on both the Pulsechain and Ethereum networks. Users on Pulsechain, they will automatically get a stock of POOL tokens. For users on Ethereum, they will have to burn POOL ON the Pulsechain network because there'll be zero supply on Ethereum.
Currently, the project is in the sacrifice phase. Don't hesitate to check out the details of the sacrifice on their website. We will put the link in the description below.
Now, Do you think this project will work as expected? Share your thoughts and opinions with us in the comments section below. And if you're looking for a way to turn $1k into $100k in crypto, be sure to check out this video that will appear on the end screen.
We hope we were able to provide some value and helped you to move a step ahead in your crypto journey Be sure to check out our Crypto Brand called Cryptopreneur, get yourself the highest quality Crypto Merch available right now on the market, and make sure to subscribe so that you don't miss out on any of our content. Till next time, Goodbye.