The Mission
1.) Creating HEX-on-Steroids like opportunity
2.) Giving Back: treasury can be used to improve HEX & PulseChain ecosystem, investments into longevity and more!
1.) "What's in it for me?"
PulseDAO adopts and improves upon the most succesful concepts that have already created unimaginable(x10,000) returns. With all of the new and innovative features, one can only imagine what the protocol could achieve.
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Whitepaper)
2.) The Mission: Giving Back
The in-built treasury incentivizes people to contribute to the HEX and PulseChain ecosystem.
Potentially creating
new features for HEX, PulseX and PulseChain such as revenue for HEXicans, Buy&Burn pressure on HEX and turning HEX into a forever-expanding ecosystem.
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Whitepaper)
Finished & Complete Product
PulseDAO is a finished, complete and decentralized product. It's a tool for collaboration that connects the community with the technology and innovators.
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Try on Testnet)
About Us: The Team
The #1 reason for invention of cryptocurrencies was the elimination of middle man - creating trustless decentralized systems. There is no official Bitcoin or Hex company.
PulseDAO is a decentralized protocol governed by long term miners. The in-built treasury creates incentives for contributors and self-sustainability in a decentralized manner.
Join PulseDAO and become a part of the decentralized autonomous organization.
Image is symbolic(generated by TwitterCircle.com)
The missing link in HEX & PulseChain EcosystemConnecting The Ecosytem: "All-in-one"
HEX is a contract that mints yield. Cryptocurrency space is evolving, but HEX is not progressing or expanding. PulseDAO fills the missing link in HEX. PulseDAO governance&Treasury creates a decentralized tool for collaboration that incentivizes users to launch products that contribute to HEX stakers and PulseChain ecosystem.
There are NFT marketplaces, lending and stablecoin protocols and many amazing new things. That as a HEX staker, you get NO part of. PulseDAO treasury could allocate capital and reward
someone for creation of our own service that collects fees and uses them for Buy&Burn on Hex for example. Alternatively PulseDAO treasury could also acquire a share in other protocols(such as Liquid Loans, Powercity, Mintra, Phiat...).
Fees collected could then be re-directed to HEX users, creating an universal store of value that "does it all".
Note that the long term miners control the protocol and the use of treasury. It is your duty to acquire a position and protect YOUR interests.
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Whitepaper)
Bringing Buy-Back&Burn to HEX for the first time
Contract buys-back HEX from the market - directly increasing the price... And burning the HEX tokens afterwards!
PulseChain multisender is the first proof of concept. Tool allows mass distribution of airdrop on Pulsechain. Service collects fees and sends them to the HEX Buy-Back&Burn contract.
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Multisender tool,
HEX Buy-Back&Burn)
Helping the Hex community
We created a frontend for the HEX users that allows you to view & manage your stakes on Ethereum, as well as accross all existing and new forks(ETHW, ETHF, Pulsechain,...). You can save the website locally on your device.
If official site ever ceases to exist, you will always be able to access your tokens and stakes! (
Website,
Download)
For the Pulse Ecosystem
In-built rewards(CDs) for T-Share(Hex Stakes), PLS, PLSX and Incentive token (
View)
PulseDAO holders vote & decide on the reward allocation for each option.
Utility for PulseX Incentive token!
In-built rewards create utility and value for PulseX incentive token!
Strong Tokenomics & Improved Game Theory
Creating a Powerful Decentralized Organization
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PulseDAO is protocol that creates the decentralized governance infrastructure on Pulsechain. The more valuable the underlying token is, the more powerful the DAO becomes.
Every single feature is chiselled with the intent of creating the best possible system that turns the odds in favor of the long term holders and simultaneously creates collective wealth for the DAO.
We adopt and improve from the most succesful concepts that have proven themselves to work and have already created unimaginable wealth.
Creating A Realm Of New Possibilities
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When Bitcoin(or Hex) appreciate in value, nothing happens.
With success of PulseDAO, the in-built treasury creates a realm of new possibilities. The treasury creates a possibility of incentivizing participants and contributors to IMPROVE and EXPAND our protocol, as well as HEX and PulseChain ecosystem.
The treasury can also be used to invest into longevity or into other Pulsechain projects.
Notice: The below are just most simple examples we made for fun in a matter of hours to serve as a proof-of-concept. Concept
- Someone Launches a service
- Service Distributes fees to HEX(t-share) miners OR uses them to Buy-Back&Burn HEX
- HEX community promotes products that benefit them the most
- Innovator gets rewarded by PulseDAO treasury
- PulseDAO potentially takes minority of the fees(1-5%) to sustain itself
Proof-Of-Concept Examples (LIVE & Working)
1.) PulseDAO Multisender allows users to Airdrop their Token, NFT, or Pulse airdrop on the Pulsechain network without programming knowledge. Contract collects fees
and sends them to the (HEX) Buy-Back&Burn contract, creating collective wealth for the ecosystem. (
Website)
2.) Token Launcher allows you to launch your own decentralized, immutable, no-admin key crypto. The tool was made
to prove the point; "the first principle" crypto
is about barely scrapping the bottom of the barrel. Anyone can launch in 30 seconds. There is no scarcity and therefore no value. PulseDAO creates a far superior system, galactic miles ahead of just the basic first principles. Contract can collect service fees for token launch and send them to the Buy-Back&Burn contract. (
Website)
Future Potential
Read More
1.) Pulse Liquid Staking Protocol (Similar to Rocketpool / LidoDAO on ETH)
2.) NFT Marketplace
3.) Lending
4.) Leverage Trading?
5.) Treasury Investment Into Other PulseChain Protocols
6.) Treasury Investment Into Longevity
7.) ...?
PulseDAO starts as finished&complete decentralized protocol with no common enterprise or employees. It's a beautiful decentralized protocol, as is.
The ultimate goal is to become a tool for collaboration - incentivizing users accross the globe to provide utility that generates revenue or in some way positively contribute to HEX, PulseChain and the society.
For example, the treasury funds could be used for expansion of HEX and PulseDAO, investment into other protocols or longevity-oriented projects.
How It All Started
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The protocol was initially launched on Polygon as Mac&Cheese(XVMC). It might sound ironic, but Mac&Cheese outperformed 99.99% of the market and is one of the only tokens that you could have
participated in at the top of the bull market and make a profit. It just shows how important superior technology and a well thought-out system is. PulseDAO mission is to continue the path of an outlier
and outperform the market.
The name(Mac&Cheese) was chosen deliberately. The sillier the name, the more attention it received during the bull market. For whatever reason people tend to prefer things that are funny and entertaining. The problem is MOST
meme coins will get you REKT. The whole idea was to create a surface-level attraction, but at the same time create a system with good fundamentals that survives over the long term.
At the time we loved ethereum, but hated the high transaction fees.
Polygon offered the same infrastructure at virtually 0 fees. The projects promoted by the official team were straight garbage and literally all went to 0.
Knowing the enormous potential the cryptocurrencies have, it was PAINFUL to watch this unfold. So we decided to do something about it and launch our own project
in hope of saving the community and creating something great. We took all the lessons learned from succesful cryptocurrencies like HEX and Bitcoin. We implemented the best way of storing value(through time deposits/CDs) and
then we figured we could use that to create a fully decentralized governance system. With it's own treasury - the ability to perform buyback and burns, collectively invest into other protocols or longevity research, hire contractors,
expand and contract balance sheet and much more. Amazing!
The best way to explain it is you can imagine as if HEX stakers formed it's own decentralized government on the blockchain. We use the same concept for storing value through CDs, but it's radically different in the purpose.
Which is to create governance from the stakers. This can't be done on HEX as it's immutable and only serves as a store of value. The majority of people who like HEX, also like the PulseDAO and believe it is a great idea to participate and own atleast some. 99% of the participants in XVMC were Hexicans.
There has been zero to none marketing, as instead of shilling, we were commited to making a good product first.
At the time Polygon was the best available option. But their network is controlled by admin keys(5/8 multisig) and suffers from occasional reorg attacks.
PulseDAO is a modified and upgraded fork specifically made for the Pulsechain network. XVMC participants are eligible for sacrifice and can even sacrifice their active stakes.
How can you contribute and participate ?
1.) Sacrifice for the freedom of speech Click To Sacrifice
2.) Referr & Earn points Referral Program
3.) Free-claim for past sacrificers Free Claim
4.) Supporting other Noble Causes Suggest in Telegram
A cause worth supporting inside the Pulsechain community? Let us know!