Getting Pulse at Zero Dollar Value
Did you miss out on Pulse last summer or just couldn’t get enough at the time and tried to make up for it during the PulseX sacrifice? Well, you might just get your chance to swap some of what you do have for some of what you want in the initial days of launch. But you won’t be trading based on common dollar values, it will be based on pair ratios. So here's the idea for how folks are planning to strategizing around it so you can better understand how you may want to ready yourself.
Richard has said that there will be a day or two when PulseChain mainnet launches where there will be no dollar value. That means that the market will set some values to each token, provided they have liquidity to trade against each other, so that will be the way to trade coins. Tokens starting at zero value is usually great for tax reasons in many countries as you may not have to pay on income for things that, at the time of receiving them, the market says have no value. So if you have a bunch of PulseX and want more Pulse, you can check the market set ratio when ratio trading it live and if acceptable, swap some PulseX for Pulse. All that Hex you got? You know you’re getting pHex for every one of them. You could also swap some pHex for PulseX, pHex for Pulse and so on. The volume is going to be bananas and we’d just be getting started with the launch! There are pumpamentals everywhere, all you got to do is look. We won’t even get into NFTs right now or how they enable tradable stakes on both Ethereum and PulseChain… just wow.
So that’s how you can get and trade Pulse at zero value: upon launch there will be ratio trading and you can grab more of whatever you like if the ratio is acceptable to you. If you’re holding a lot of Pulse and are looking to get more PulseX, you hope the ratio will be in your favor. Everybody who has Hex is going to pray they can get more Pulse with their pHex or maybe get some cheap pHex before the price discovery is complete. You could even trade your retirement coins tax-free with a couple awesome startups that are helping the Hex community which I’ll talk about in a future post. Now make sure you don’t miss the ratio trading period, coming in… hopefully less than “two months”.