This wallet 92f0 has been loading up like there’s no tomorrow 👀🔥
Looks like they’ve put the entire $222K USDC bridged over to work, picking up PLS, PLSX, and PRVX at these levels.
🟢 PRVX: $40K
🟢 PLSX: $30K
🟢 PLS: $152K
And those 40K & 50K buys are looking pretty juicy🔥
Definitely looks like someone is feeling pretty confident about these entry points. 😄
Who is this wallet? 👀
I can already smell the smoke… 🔥🐋
😳 SEC is priming our bags for launch
PCOCK, PRVX, PLSX - buybacks are fine, automated and even manual it seems
“Treasury management” aka manual buybacks are allowed. Companies have already done this, but now it’s explicitly allowed…
vPLS, stETH are not securities - think about what this means for big whales…
Grant programs allowed? Cool
Maintenance can be announced? Cool
Promises can be made to fund network progress? Nice.
Tiptoeing around “We’re working on X upgrade. We’re improving Y. We’re developing Z.” Was lame
Founders can explicitly shill their bags without profit claims? Guys…
“Functional decentralized networks” now have the strongest protections - PulseChain is an obvious example
Exchanges can clearly list all these coins…
PulseChain, HEX, and PulseX already had an SEC win which made them clearly not securities, but this is a big and specific green light 🟢
LAUNCHPAD NEEDS A LITTLE EXTRA WORK
Our plan was to launch the Liberty Launchpad today, featuring unique tokenomics for coins launched through the platform.
Here’s how it works:
1️⃣After graduation, all LP will move to Liberty v3, and the LP position will be represented as an NFT and burned.
2️⃣The creator receives a one-time 1,920,000 PLS graduation fee.
3️⃣After graduation, trading LP fees are collected in Token A and PLS.
4️⃣The PLS portion is automatically swapped for Token A, and the output (Token A) is burned.
The goal is to create stronger long-term incentives: reward holders who stick around, gradually increase PLS liquidity, and encourage creators and communities to build and hold their tokens for the long term.
🎯The more trading volume a token generates, the more Token A is automatically bought back and burned.🎯
But we found something we want to fix before launch.
After deploying and testing two tokens last week, we identified an issue with the daily harvest swap.
Because the harvest is predictable and fee-funded, it could become a prime target for sandwich attacks. We don’t want to launch with that risk.
We’re therefore delaying the Launchpad launch by a few days while we deploy an updated contract with TWAP-bounded price-impact caps for the harvest swap.
A few extra days of work now is worth it for a much stronger launch.