Hash School Heroes is a first-of-its-kind NFT collection launching on April 22nd!
This is not your typical mint. It's a lot cooler than that. Be some of the earliest people to the #HederaNFT game! We all know where $HBAR is taking us!
Here is what you need to know 👇
https://t.co/RibU10muBE shows that over 1 Trillion $PLSX have been burnt. There's just not that much PLSX available for sale on PulseX. There's not even 2T total across all the pairs. Even if you had $100,000,000 of DAI, you'd only get 0.3T PLSX. You could split the DAI on the ETH side into ETH, USDT, USDC to get more PLS more efficiently to swap for PLSX or for INC to PLSX (autorouter already plans that), and you'd get more, but still; there's just not much PLSX for sale in the AMM compared to how much is shown burnt.
Remember that in PulseX, the prices move as a square function, so every time you double one side of a pair, you halve the other side, making a 4x price move. SO if you want to reduce the PLSX avail in the AMM by 10x, then you have to 10X the other side. And that, in isolation, would be a 100x price move.
Not advice. Do your own research, check the chain and math yourself.
Anyway, most of the liquidity in an well functioning market isn't sitting in an order book usually. For instance, what % of total houses are for sale at any given moment. And what % of total money is sitting in bids?
Math is fun.
TLDR; I'm surprised at how much the buy and burn function people execute is eating up PLSX supply.
The $GLD Dog Pack knows $HBAR bros love Discord. But we want to meet untapped #DEGEN retail right where they are at so go join our #Telegram here! Let’s get the raids going and show them why #Hedera is the ultimate chain to be a degen on! #HBARbarians https://t.co/PamCLiB08q
The Journey begins! $BARB will build the largest clan of #HBARBARIANS the world has ever seen! No keys owned and only 5% of the supply held by the creator! Swap $HBAR for $BARB directly on @SaucerSwapLabs