Never miss a trading opportunity again!
Catch all the highs and lows with Limit Orders on your favorite #PulseChain tickers, only on $PHAME at https://t.co/e5NNzxr2P4
$HEX $PLSX #PulseChain
After more thorough investigation we believe the Phame protocol does NOT possess the same risk of the GMX exploit
Reasoning : 1) Phame has different LP trading / transfer mechanisms 2) Phame has different capacity settings 3) Phame has a potential code fix already in place
Hi phamily- In response to current market conditions, we're making usual market driven adjustments to Phame:
We've expanded the standard user limit to 4x its previous amount to better accommodate users. We've been acquiring additional supply and working to enhance PHAME token liquidity.
Some liquidity may be allocated to $PLSX for DexScreener visibility prior to PHUX listing.
Merry Christmas! $HEX #PulseChain
Phame is up as RH tokens go up. That’s because we get most of our fees from RH tokens.
This is called “Positive Price Leverage”
Let’s go RH coins!
#hex#plsx#pls
Reminder: Phame OGs have 1 year to mint their phame from launch or lose it forever. You have roughly 3 months to do this.
Go to https://t.co/r8urO6TGgN for any questions
## PHAME V2 Announcement
We are transitioning to v2 of https://t.co/3iuQ2YZx7L. The V2 PHAME protocol, audited by Certik, is live on the Pulsechain Mainnet and has been tested by our core team. A public beta will run for another week or two for user testing.
V1 will continue to operate indefinitely and you can use it as normal. We will provide ample notice before making any changes. PHAME tokens are unaffected by this transition, and you will receive staking revenue from both V1 and V2 without needing to take any action.
A new PHLP form, “PHLPV2,” will be introduced, differing in risk profile and trading characteristics from “PHLP” V1.
### Objectives of V2:
1. Increase trading capacity and overall fees.
2. Fix errors from GMX V1.
3. Diversify income streams by adding more coins.
4. Protect the protocol against malicious actors.
### Technical Changes:
1. User-specific profiles and limits to reward honorable behavior and restrict dishonorable behavior.
2. Separate borrow rates and fees for different tokens to better balance interests.
3. Fixed a GMX protocol accounting bug.
4. Dynamic minimum profit-taking time based on position size.
5. Adding SOL or other tokens to boost trading volume and fees.
6. Improved UI for a smoother experience.
### Takeaways:
V2 aims to increase trading volume and fees, attract new users, protect the protocol, reduce price sensitivity to RH coins, and open new opportunities for the team.
We will look to make it available this weekend to live beta testers. https://t.co/n3mZYzJbDf
-PH TEAM