@LibertySwapFi@DutchDRB_ Did you just say what I think you just said? Like, I recall you saying people won’t even know they’re buying up Pulsechain assets or something like that.
@HEXtronaut@LibertySwapFi@Jason15659531 If 70% of all pDai was attempted to be sold at $1 by the holders, you’d need $14mil in additional buy pressure to maintain the peg. Pretty simple. Look at all the systems the pioneers are doing maintenance on that could be used to maintain the peg. The question isn’t if but when
@HEXtronaut@LibertySwapFi@Jason15659531 Do the math. It’s really not that much capital needed to peg and withstand the selling with such thin liquidity. AMMs and Heart’s Law explain how it can be done. You can see an example of how it works on the Pampi app, but they don’t show pDai. Try it with Hex.
@HEXtronaut@LibertySwapFi@Jason15659531 pDAI is $0.00218, about 459× below $1. AMMs price tokens by liquidity, not supply. Assuming about $2M in total liquidity ($1M on the quote side), constant-product math suggests roughly $20M of coordinated buying could move pDAI to $1.
@CrusherHODL PulseX reserves are capped at 5,192,296,858,534,827,628,530,496,329,220,095 (2¹¹²−1). I’ve already seen several Atropa ecosystem liquidity pools sitting at that exact reserve value, effectively bricking those pools because reserve updates can no longer succeed.
@CrusherHODL There are plenty of arbitrage opportunities if you trade spines and try and accumulate as much of any type of token you can. However, I think now many of the tokens are bricked in PulseX because as I understand you can only provide liquidity to a certain numerical length
@DevJuyoung Same here. I keep thinking that the tradeoff of not having a clear mind and all the potential negative repercussions just isn’t worth it.
By the way, I see signs of Bella everywhere. Hopefully Lady Liberty has taken good care of her in space. So hard to lose furry family 🙏
@LibertySwapFi Similar to what Doki Doki did back in 2021. They had a gatcha NFT machine and an nft game with a price floor that went up as nfts were redeemed and burned. The hype didn’t last long
@CrusherHODL What further complicates…or makes it fascinating at peg… is so many of the Atropa tokens are bricked in PulseX and virtually unswappable at the moment. That means those that know how to create V3+ liquidity pools or play the minters games will have a massive advantage
@CrusherHODL There’s a lot of different complexities with the minters. I’m having trouble following what the AI is saying but I’m not sure it’s understanding how playing the game works. I hope we get to see this game play out with intense capital flow and bots, it will be a show!
@Coexisteven Meaning like people always trying to pull us into negativity: the weather sucks, taxes horrible, clarity act hasn’t passed. If we become aware and simply shift from that negative, abundance flows. Best wishes to you 🙏
@Coexisteven I heard something interesting that some days that our soul in another reality borrows energy from our reality to get through a tough time. Kinda cool if that’s the case cuz we could “borrow” from other realities when needed if we were able to tune into that higher self too.
@Coexisteven At any rate, even after tons of self growth I still have those days. Keep going on your spiritual and self growth journey. The only way we get to the higher self. And realize 80% of what goes on around us is negative energy. If we even got to 51% we’d have abundance beyond dreams