Longer stakes pay better and give more voting power. Simplifying decision-making by providing a few options to choose from. Actual rewards will be dynamic (higher during reward boost events) and will likely decrease perpetually. The multiplier is the relative share of the rewards allocated to certain staking option (for example, a 5-Year stake pays 7.5x higher staking rewards compared to a 1-Month stake)




2.) Staking: Lock-up Conditions & Emergency End Stake
If you withdraw your stake prematurely, a penalty will be deducted. Penalties decrease linearly from the beginning until maturation and range from 25% to 82%. Once your stake matures, it can be withdrawn in full. It can also be rolled over (re-staked), for which the governing contract pays you a bonus. If you do not withdraw within the grace period, your stake will continue to earn interest, but the penalty will be re-introduced. You can always re-stake(reset timer) and avoid the penalty.

Example: Penalties for 1-Month Stake


3.) Staking: Hop Active Stake (Change CD option)
You can always "hop" your active stake into a longer duration; you will earn higher rewards and receive more voting power. Your interest earned, as well as the time already served, will be transferred.

Change(extend) Time Deposit(CD) Option




4.) Staking: Stake-Rollover (Get Bonus For Extending Stake)
Once your stake matures, you can roll it over(extend) and receive a bonus for doing so. Bonus is paid from the governing contract. Bonuses are determined through the PulseDAO voting.




5.) Staking: Create Stake To Another Wallet(Gift Stake)
You can create a stake for another wallet. This can be used to give a stake to another user, or to create a stake for a cold wallet address. There is an additional option that allows you to set a mandatory time lock (during which the stake can not be prematurely ended).




6.) Staking: Transfer Stake To Another Wallet
Stakes can be transferred to another wallet.




7.) Staking: Stake Marketplace Support
There is an in-built functionality that allows integration of a stake marketplace through smart contracts. This feature can be turned on and off like a switch through voting. Upon the initial launch of the system, this feature will be turned off. The stake marketplace could increase the velocity of money and reduce price performance. Native integration gives the DAO greater control than third party implementations. If the feature proves to be beneficial later on, it can be activated simply.


8.) Staking: Stake Division (Partial Transfer, Withdraw,...)
Majority of the features support the partitioning of stakes. For example, you can withdraw, transfer, hop, or roll over just a portion of the stake.


9.) Staking: Pulse Ecosystem Staking
You can stake PulseChain (PLS), PulseX (PLSX), Incentive (INC), HEX, and T-Shares (staked HEX). The DAO manages the reward allocation for these pools, with the rewards earned being harvested as PulseDAO time-deposited stakes.




10.) Staking: NFT Staking
PulseDAO system allows for the staking of NFTs. Initially, the virtual land plots airdropped from PulseDAO will be enabled. PulseDAO has the ability to regulate staking rewards allocated to NFT staking, such as adding, removing or changing the allocation for the specific NFTs.






Governance Types
PulseDAO has two types of voting: voting power and voting credit. Voting power is used for making important updates to the protocol, while voting credit is used for making decisions on already-integrated decision processes, such as regulating basic settings, reward boost events, staking reward allocations, token burns, governor tax, etc.

All stakers receive voting power. Long term stakes give more voting power per token staked.

With the initial PulseDAO airdrop, those who choose to claim their tokens into a stake will receive free voting credit. Afterwards, the voting credit will have to be either converted by burning PulseDAO tokens or by redeeming a portion of your active stake. When casting votes, the credits are destroyed.

This is the idea behind the initial system; however, it can be altered through voting power. For example, you could receive voting credit on a monthly basis. The whole idea behind upgradeability is to allow for improvements of the system over time in a decentralized manner.


1.) Governance: Voting Power
The protocol has no admin keys. Staked tokens not only earn yield, but also give voting power within the network. Longer stakes grant more voting power per token staked, creating a system with aligned incentives, wherein long-term stakers govern the protocol. The system has an extremely modular design, allowing for secure modifications and upgrades. Proposals for upgrades are enforced in a decentralized manner, through on-chain voting. There are no admin keys, no intermediaries and no central parties required.




2.) Governance: Voting Credit
To create proposals, one must commit a and burn a minimum threshold of PulseDAO credit. After the proposal is initiated, there is a period of time during which other participants commit their voting credit to vote for or against the proposal. If the votes in favor exceed those against, the proposal can then be enforced. However, if at any time the votes against exceed the votes in favor, the proposal is rejected. Therefore, the proposer can add a delay period to first accumulate votes in favor of the proposal. This is akin to a bidding mechanism for accepting proposals.






3.) Governance: Basic Settings
Basic settings can be configured to set:
1.) Cost to vote - this is the minimum amount of voting credit required to initiate the proposal. Unless rejected, all proposals become valid. Minimum cost helps to filter out low-quality proposal and prevents spam
2.) Delay Before Enforce - This is the time period from the initiation of the proposal until it can be enforced into the system.
3.) Rollover Bonuses - This determines the bonus amount for each time deposit option




4.) Governance: Delegate Voting Power
You can delegate your voting power to another wallet. The delegatee only receives the ability to cast votes using your voting power.


5.) Governance: Reward Boost Events
Reward boost events can be scheduled through the PulseDAO portal. Frequency of the reward boost events is determined by the token threshold(a required threshold of tokens must be collected, before reward boost event can be triggered).




6.) Governance: Staking Reward Allocation
Rewards allocation for staking rewards can be managed through the DAO. PulseDAO determines the amount of rewards allocated to the Pulsechain ecosystem, NFT staking, and LP incentives... The majority of the rewards are allocated to the native stakers of PulseDAO.




7.) Governance: Governor Tax
The governing contract collects penalties from prematurely-ended stakes, as well as a portion of inflation. This is the mechanism to set the percentage of inflation (the "tax") that the governing contract should receive. The maximum governor tax is set at 10%. Tokens received by the governing contract can only be burned through DAO or deposited into the treasury wallet. The tokens must also be sacrificed (burned) by the governing contract in order to initiate a reward boost event.




8.) Governance: Token Burns
Token burns can be scheduled through the PulseDAO. Tokens are burned from the governing contract.




9.) Governance: Protocol Treasury
The Treasury wallet is a very important aspect as it creates alluring opportunities. The Treasury can hold any token, including PulseDAO. It acts as an incentive for other participants, as you can contribute something and request payment for your contributions. Such a request must be approved by other stakers through voting. The PulseDAO is a system and decentralized protocol that runs itself, without employees or a central team. The Treasury gives the possibility of hiring contractors to do the work or issuing rewards to contributors. It also gives the PulseDAO the ability to collectively invest in other protocols, longevity, etc. The PulseDAO can have its own balance sheet that can be expanded and contracted. The DAO can collectively sell the tokens from the Treasury when markets are overpriced and provide price floor support when the price dips. This does not prevent bubbles from ocuring, however it can help keep the capital within the PulseDAO system.

The governing contract cannot send tokens at will; it can only burn them, or deposit them into the treasury. Transfer of PulseDAO tokens from the governing contract into the treasury is referred to as a treasury deposit. This is how PulseDAO can build up a reserve of XPD tokens inside its treasury wallet.

From the Treasury wallet, any token can be sent into any other address or contract; This is referred to as a Treasury withdrawal. This is how PulseDAO can invest in other protocols, perform buy-backs and burns, or deposit tokens into a custom contract that performs a specialized task.




10.) Governance: The Buy-Back & Burn
Buy-Back & Burn contract swaps the PLS into PulseDAO token and burns the XPD token, directly impacting the market by pushing up the price of the token and destroying the bought tokens for deflationary effects. Of course, to perform such actions, the DAO must have and allocate the capital from the treasury or by other means.




11.) Governance: Live Telegram Feedback
As users interact with the governance contracts, the actions are instantly broadcasted to the Telegram live chat. This has no effect on the decisions, but it notifies the users and gives the option to discuss the proposals off-chain via chat on Telegram.