-How many Pulse coins will be in circulation when we receive the initial airdrop? Estimates are around 100-150 Trillion total.
-On Staking Pulse- Is there a locking mechanism with delegating, or are would PLS be treated as any other liquid in the wallet? No it is not like hex. No time locking feature. You are delegated your coins to a validator for part of the fees. If you look at the reward when delegating your coin and staking with a validator. The validators only gets 75% of the fees, because 25% are burned. Since fees will be low on pulsechain. It could be a low apy . We will just have to wait, and see what each validator offers. Some might offer great rewards just to gain a reputation early on. Like limited penalties if you delegate.
-What happens to the cryptocurrency we sacrificed for Pulse?
You are sacrificing to prove how strong you believe that blockchains are speech and speech is a protected human right. This is an important political statement. You must have no expectation of profit from the work of others.
You will not get any benefit from sacrifice and you won’t know what will happen to the coins in the future. You can however see and verify on-chain what is happening with the coins. To sacrifice means to give up (something valued) for the sake of other considerations.
What is the Pulsechain Free Airdrop?
What is this airdrop?
- Airdrop free PulseChain versions of all the ERC-20 tokens and NFTs (ERC-721s) in your wallets
- Airdrop one freemium PLS coin for every ETH held in your wallet
- The tokens must be in your own wallet for which you control your own private keys. If you don’t control the keys, the centralized exchange or wallet provider will receive the airdrop, not you.
- The tokens must be on the Ethereum mainnet and not already bridged over to another chain, like Polygon or Binance Smart Chain.
- If you have tokens locked up in a liquidity pool or other smart contract, they will be forked over to PulseChain
- If you have HEX that is currently staked, those stakes will be duplicated over to PulseChain if you have liquid hex you will get liquid Phex.