Congratulations to the MAFIA Family!
We've just added another Pulsechain Validator (60 validators total).
Additionally, we've updated the website to reflect the latest stats:
1 MAFIA = 1.0171 PLS
Remember, the redemption price of MAFIA only goes up as the validators earn.
Now that @phiatcrypto launched, here's one way to use it...
1. Borrow at 2% annually (expense) on https://t.co/ezXRkjCSRX
2. Deposit on @PulsechainMafia to join a #Pulsechain Validator Pool (earning ~16% annually)
3. Net 14% profit using other peoples money (OPM)
@CryptoJoKer1509 I'm 6 days late, but I appreciate the promotion! The validators are running strong and the $MAFIA redemption price only goes up every day!
Saw something fishy happen with @liquidloansio vaults (testnet) earlier today, but their team got it rectified before I could finish my cup of coffee. We need more teams like this on #Pulsechain.
Do you have a community that could benefit from pooling with our 57 #Pulsechain Validators?
We just launched our referral program at @PulsechainMafia. DM to learn more.
Who's ready to join the PulseMafia family?
Sacrifice to join the #Pulsechain Validator Pool to compound validator rewards starts July 4.
The Sacrifice will last for 1 month. Minimum amount needed is 3.69B PLS, otherwise sac funds get returned. https://t.co/0s52kGTgak
I'm launching a fun project related to #Pulsechain Validators. "Sacrifice" starts on July 4. Here's the tl;dr...
PulseMafia aims to own the most Validators on Pulsechain mainnet.
Problem: Most of us are sitting on idle PLS, not earning on it. Becoming a PLS Validator requires 32m PLS (~$3,000), however the node (computer) itself costs ~$1500, hence doesn't make sense to do it on your own unless you're a whale.
Solution: Run a "sacrifice" to create a massive PLS pool, in exchange for the MAFIA token. The Benevolent Wallet (BW), also known as "The Godfather" uses the sac funds to create PLS validators on behalf of the sacrificers (his family).
Every time The Godfather earns 32M PLS in rewards, he reinvests (compounds) immediately back in to a new validator.
This process of compounding happens for a period of time (ie 1 year). At the end of the length term, the Benevolent Wallet exits the validators & distributes the principal + rewards back to the MAFIA token holders.
It's similar to "Bigger Pays Better" in #HEX, except The Godfathers #1 focus is to acquire new validators as quickly as possible in order to compound his families' (your) rewards.
Will you join the family?
To learn more:
Litepaper:
https://t.co/WmViVOqu79
Twitter:
@PulsechainMafia
Website:
https://t.co/0s52kGTgak (coming soon)