Dear friends, I have not been this convinced since Google IPO 2004. I have a feeling we are facing an exciting time ahead of usπ₯ PulseChain will moon and pDAI to a dollarrr. Let's goooπππ
$pDAI
the peg is not achieved by directly buying $pDAI.
Uts done by building a collateral ecosystem that continuously consumes $pDAI as its base asset
Only the strong will survive π
π¦
While everyone is mapping layer 2 diagrams and oracle resets the actual source code, the actual 2018 public proof, the actual mechanism is sitting there unread. Not hidden. Just unread.
@yourfriendSOMMI@NineIronCapital
We donβt care about other Seasons, We only care about OUR season - The Pulsechain stablecoin supercycle π
Trust @LibertySwapFi ! This 14 man dev team doesnβt sleep, eat or drink, only so that we can have privacy, efficiency and more money π
Be grateful for everything π
This setup creates a pioneer owned, over collateralized L2 stable coin $peUSD. It has multiple layers of defense. This is one way to transfer L2 value back into L1. $peUSD = $pDAI= $paDAI. Can you see the L2->L1->L2 loop forming? $pDAI is inevitable.
Given the pioneers control the L1->L2 pARB messenger system, have you contemplated what else they might have setup? We may never see this, but this is one theoretical outcome. $pDAI to $1 is inevitable. NFA.
β€οΈπππ
Over 1 year ago, Cattie posted this RESURRECTION meme after PulseChain pDAI went to zero (-99.70%)
We did not know what this Resurrection actually meant... until now.
π Pulsechain Layer2 is connecting the puzzle pieces.
π₯ Spoony Wielder's Alpha Video coming SOON!
Reset Oracles
Mint $pDAI on L2
Mint $aDAI ($pDAI -> $pAAVE on L2)
Send aDAI to PulseChain (L2-portal>mintUnbacked)
Seed L1 aDAI LPs (PLS, pWBTC, ATROPA, pUSDC, pUSDT)
Arbitrage LPs to accure pDAI
Collateralize aDAI with pDAI (backUnbacked)
->Central bank buy pressure
$pDAI to $1