⬆️Pulsar.win
The sole purpose of Pulsar is to bridge TitanX economic value to Pulsechain and add a new #Buildontitanx ecosystem to further reduce TitanX supply.
What Is Pulsar?
Protocol Overview:
Mint $Pulsar with $TitanX and $ETH (ratio is 4:1 meaning 4 TitanX to get 1 Pulsar)
100% of the $TitanX is used (50% is burnt/sent to treasuries, 50% is bridged to the PulseChain network and locked in LP)
42% is burnt and the individual user is credited for the burn (helping build your $TitanX rebate)
4% is sent to the DragonX Vaults
4% is sent to the Helios Smart Contract
Protocol fee= the spot price of $TitanX in ETH
87.5% is used to buy $TitanX off the market, swap it for $Pulsar and then burn the $Pulsar
10% is sent to developer wallet
2.5% is sent to genesis wallets
Immutable code
Permabull Tokenomics
Permabull tokenomics is a core pillar in the Gifford Tec ecosysem, coded parts used to create a system that when used properly is designed to go up and to the right, creating a perma-bull market.
So what are the Permabull Tokenomics on Pulsar?
The 4:1 ratio- this creates a protocol that can never outrun the core asset (in this case $TitanX) as when it does it creates an arbitrage opportunity that market participants will take advantage of bringing the price back down to the ratio. This forces people to keep using the system which slingshots the entire protocol and underlying assets up!
Removing $TitanX Supply- the BNB (buy and burn) and bridge accounting for 100% of the $TitanX taken in is removing supply and locking up supply- taking it off market and/or burning it. The reason we are bridging the $TitanX and $Pulsar over to PulseChain as it acts as a "softburn" for the bridged tokens, removing it from the Uniswap routing pool and locking it up as a well on PulseChain to open new development pathways.
Removing $Pulsar Supply- 87.5% of the $ETH protocol fee is used to buy $TitanX, swap it for $Pulsar and then burn it (permanently removing its supply)
Cross Chain- This is the first #BuildonTitanX protocol to operate cross-chain, opening up a larger user base to the $TitanX ecosystem
Price Arbitrage- Because the mint ratio is 4:1 and the protocol fee is 100% match in $ETH, this makes the ceiling or ratio 8:1, meaning the price of $Pulsar should always be under 8 $TitanX, and anytime its over that amount it presents an opportunity to make money on the system to help bring the price back down. This entire process creates more minting and using of the system, generating more burning!
Pulsar Flow Chart
Quickly understand how $Pulsar works
Download Long Form WhitePaper
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