๐ https://t.co/l6zGONP9qq is the best way to find gems ๐ on #PulseChain
๐ง New pool alerts in real-time
๐ต๏ธ Deep token insights
โก๏ธ Instant swaps across all DEXs
@RichardHeartWin Pulsex can add new HEX and PLSX stable farms.
But I personally think itโs the wrong approach and the chain would be better off with more WETH liquidity.
I hear that https://t.co/AcZAFqqS1d and @yoitsegor is supporting DexTop v2 and v3.
This should come in real handy after the tax token creator is updated.
@WhankFrite Don't know why it's not a feature in ZKP2P. It will work with the existing protocol contracts, just needs to be supported by the extension.
๐ง๐ต๐ผ๐๐ด๐ต๐๐ ๐ผ๐ป ๐ฃ๐ฟ๐ผ๐๐ฒ๐ซ:
โข ๐ฉ๐ผ๐น๐๐บ๐ฒ โ probably low if it revolves around fiat. Liquidity providers risk getting their bank accounts flagged or frozen for large or frequent payments. Expect similar volume to ZKP2P (basically none).
โข ๐๐ต๐ฎ๐ฟ๐ด๐ฒ๐ฏ๐ฎ๐ฐ๐ธ๐ โ huge risk. Payment providers almost always side with the buyer, especially when crypto is involved. Buyers can claim fraud and get refunded, but the seller gets wrecked.
โข ๐ฃ๐ฟ๐ถ๐๐ฎ๐ฐ๐ โ users expose their bank info and link their wallet to their identity. Even ZKP2Pโs โgating serviceโ still requires heavy trust.
---
๐๐ฒ๐ฟ๐ฒโ๐ ๐บ๐ ๐๐๐ด๐ด๐ฒ๐๐๐ถ๐ผ๐ป:
Instead of focusing on fiat, ProveX could use the same tech to ๐ฝ๐ฟ๐ผ๐๐ฒ ๐ฐ๐ฟ๐๐ฝ๐๐ผ ๐๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ๐, creating a ๐ฝ๐ฒ๐ฒ๐ฟ-๐๐ผ-๐ฝ๐ฒ๐ฒ๐ฟ ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ฒ ๐ฏ๐ฒ๐๐๐ฒ๐ฒ๐ป ๐ฐ๐ต๐ฎ๐ถ๐ป๐.
โข Buyer pays on one chain
โข Generates a proof
โข Seller receives escrowed assets on another chain
โข No middleman, no chargebacks, no bank info exposed
This becomes ๐ถ๐ป๐๐๐ฎ๐ป๐ ๐ฐ๐ฟ๐ผ๐๐-๐ฐ๐ต๐ฎ๐ถ๐ป ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ถ๐ป๐ด for any supported network.
And unlike fiat on/off ramps, this can handle large sizes and unlock serious volume.
This would be genuinely innovative tech โ and IMO a much better product-market fit for ProveX.
@RichardHeartWin@bretep
Allowing HEX to be sacrificed was Richardโs biggest mistake.
There is still sell pressure in the system from it today.
People often attribute this to the sacrifice bonus multiplier but that was a much smaller factor.
That being said, I think we are on the tail end of it and the new ProveX sacrifice is a way to try to get some of that remaining sell pressure to capitulate out.
Some are selling cores to sacrifice for the new thing, some just out of disbelief and loss of faith. Either way the band-aid is coming off.
This is necessary. The wound will heal.
I keep buying and holding.
#PulseChain
The HEX sacrifice for PLS/PLSX has been the biggest source of sell pressure for the ecosystem.
It allowed early Hexicans to roll their extremely illiquid overvalued bags into the new RH coins.
Even 80-90% down from sac prices they are still in massive profit.
Richard has tried cutting the inflation, injecting sac funds, spending millions on marketingโฆ nothing has worked to offset the sell pressure.
Iโm happy to see Richard pivoting.
Hopefully ProveX can actually bring new money.
It might take longer than people think (already has) but at some point the sellers will be exhausted and we can begin going up only again.
I still hold and believe.
#PulseChain