Today's video is a reminder of some facts about PulseChain and PulseX. We are going to cover some important stuff like staking, farming and more.
So, as usual, watch this video all the way through so you don't miss anything.
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Now, let's get started.
In our previous videos, we talked about farming on PulseChain, we explained how to stake. Today, we will try to go more in-depth.
To begin with, the most reliable source for a lot of information about PulseChain is the main website "".
Without further ado, let's take a look at that site.
As you can see here, the Pulse Testnet is live.
Currently, the second version of the PulseChain Testnet is live with validator rotation, registration, and staking. You can connect MetaMask now to view a copy of all of your ERC20 Tokens.
As you can see on the right side of the page, there are two links. There is the Twitter link and the Telegram link. Feel free to join the 90,000 followers on Twitter or the 60,000 followers on Telegram, if you haven't already. That way, you will be sure to not miss the upcoming news on PulseChain and PulseX. You can also subscribe to this channel if you want to stay tuned.
Now, let's get back to the basics.
To connect to the Testnet open MetaMask and click the Networks dropdown. Select "Custom Network". Now enter the information you see on this PulseChain website.
It is about the Network Name, the new RPC URL, the Chain ID, and other kinds of stuff.
It's very easy to do. All you have to do is go to MetaMask, then click on Add Network and you put in that information, you're connected. An even easier method is to go to and click on connect.
But we suggest you use the first method. That is, open MetaMask, and manually insert the information. Once you are connected, you must manually add your ERC20s for them to show. The snapshot for the balances for this testnet were a couple of months ago.
Get free tPLS, (which are worthless Testnet Pulse) at the official Faucet, stake them to earn yield, and swap between PLS and PRC20s on the PulseChain Uniswap frontend. You can see all of the Testnet activity on the Testnet Block Explorer.
You will be able to swap PLSX into PLS before the bridges open, possibly at quite a good rate.
Now, let's talk about the World’s Largest Yield Farm.
To provide liquidity to a DEX you need to deposit two different cryptocurrencies into a DEX, called a Liquidity Pair. Every time people swap between both of them you get a small fee as a reward. With PulseChain's free airdrop of all ERC20s as PRC20s, holders can put both into PulseX's liquidity pool to earn yield. PulseX is the first DEX ever in crypto history where people got half of their Liquidity Position for free.
There are so many theories about this. In our research, we came across a pulsican's analysis and found it very interesting. That's why we decided to share it with you.
Before we tell you about it, keep in mind that this is just an opinion and we have no way of knowing what Richard Heart's final game theory for PLSX will be.
Actually, according to the guy, the xPLSX token will give you the right to claim PLSX rewards from the buyback reward pool. So, in theory, if the price of PLSX continues to rise, the amount of PLSX tokens being purchased (via the buyback program for the pool) will decrease over time as the price gets more expensive. Of course, if exchange volume soars and fee collection is skyrocketing, this could negate the effects to a certain extent, but in the long run.
The hypothesis is that less and less PLSX tokens will be added to the reward pool. Sure, the value in USD will still be there, but the actual quantity of PLSX tokens being added to the pool on a daily basis will shrink over time due to the cost to buy them, in my opinion.
Now, if all you care about is USD value, then the theoretical scenario shouldn’t bother you much, but if you only care purely about the quantity of PLSX tokens in the pool and not the USD value at all, then yeah, this may not be what you were hoping for.
eHex will be able to be wrapped and bridged over to PulseChain. pHex will also be able to be wrapped and bridged over to the Ethereum chain.
In our opinion, the eHex-pHex liquidity pair will initially be very popular on the PulseX exchange. From that point forward, it's very hard to know where it will lead us, as it's essentially a living, breathing social experiment in which we're all the test subjects.
People will have to decide the value and use case for each token on each chain. There's no reason that the two "have to" or "must" reach parity. Anyone thinking that parity is 100% certainty doesn't understand markets enough to comprehend that this is actually quite a difficult balance to achieve.
It will all come down to usability and perception of value from each individual user. One could theoretically go to zero and the other could go to the moon (or vice versa), or we could see an even amount of buys/asks on both chains and we reach an equilibrium of price parity across the two. We may not know the final result of the “parity experiment” for years.
Now, to end this video, it is important to note that whatever theory Richard Heart adopts, it will be in favor of PulseChain and PulseX. He knows what he is doing. And for that reason, we are sure of PulseChain's explosive potential.
PulseX has lower fees than most competing exchanges. The fee to users is lower than on most competing exchanges. Most tokens inflate at high rates while PLSX never inflates
The supply only becomes rarer as 21% of all fees could be used to buy up the price and burn the freshly bought PLSX. PulseX will have a 0.29% fee that users pay on every swap.
That is less than Sushiswap, Trader Joe, 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 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, SushiSwap, and other popular markets at launch then recreate 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 a 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.
Now guys, is it good to have all the liquidity in one place?  Let’s know what you think in the comments below.
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