How to Use PulseX on Pulse Chain to Earn 322% APR on WBTC WPLS LP Pair
SoundCrypto Crypto Currency for Beginners
I will show you how to use Pulse Chain to Earn 322% APR on WBTC and PLS token. PLS is the utility token on Pulse chain. PulseX is an exchange on PulseChain, offering high liquidity for token swaps. It functions similarly to Uniswap on Ethereum, allowing users to exchange PulseChain's native token (PLS) for other tokens (PRC20s) available on PulseX.
Total Value Locked (TVL) on Pulse Chain on Defilama I went to Defilama and selected Chains on the left. I selected Pulse Chain. As of shooting this video, Total Value locked in Pulse Chain is 374 Million Dollars. Most TVL is in PulseX or PulseX.com
Bridging Ethereum Funds into PulseChain Using PulseChain.com Next, I will show you how to Bridge Ethereum Funds into PulseChain Using PulseChain.com. You can bridge funds from Ethereum chain directly into Pulse chain. Go to bridge.pulsechain.com/#/bridge. Currently they only support bridging funds from Ethereum main chain only.
Ethereum to Pulse chain Bridge with PulseChain Bridge. Send Many tokens like ETH, WPLS, HEX, DAI, USDC, USDT, WBTC, PLSX, and many other tokens from Ethereum chain into Pulse chain. Pulsechain.com Bridge charges 0.3% Bridge fee.
Pulsechain Explorer for Gems Go to scan.pulsechain.com follow major contracts. Then dig deeper into Whale wallets with lost of funds to find out what tokens they hold on Pulsechain. I would generally follow Whale wallets in Debank as well.
Buying Pulse PLS tokens Safe.Trade I will show you the only and easy way to Buy Pulse PLS tokens. As of shooting this video only exchanges that support this token are OKX, Safetrade, CoinTiger, Azbit, and ZT. Some of them have very low liquidity so I would not try them other than OKX and SafeTrade.
You can buy PLS tokens from Safe.Trade centralized exchange. I will provide the link below. You can deposit SOL, SUI, TRX, LTC with low transaction fees.
PulseChain on Dexscreener I will show you how to use PulseChain on Dexscreener to look for Liquidity tokens with very large liquidity. Visit dexscreener.com/pulsechain. I would target Liquidity pair with in PLSX, HEX, eHEX. You will see Liquidity for major token pairs. Most of the liquidity token shown are in Pulsechain.com v1 version.
Find out all tokens Airdroped on PulseChain with Lightbeam.xyz I will show you how to find out all tokens Airdroped on PulseChain. Go to Lightbeam.xyz to find out if you have any Pulsechain airdrops. Paste your Metamask wallet address.
Adding Pulse Chain to Metamask: Go to Chainlist.org. Only go to trusted providers. Type Pulsechain on search network. Click Add to Metamask. This way you can add Pulse Chain to Metamask. The other option is to manually add it to Metamask wallet with following settings:
New RPC URL: https://rpc.pulsechain.com Chain ID: 369 Currency Symbol: PLS Block Explorer: https://otter.pulsechain.com
or click on Add Pulsechain to Metamask button.
Swap on Pulsex.com Dex I will show you how to Swap PLSX tokens into PLS tokens using PulseX.com. First connect your Metamask wallet. Make sure you are in Pulsechain network. If not use chainlist.org to connect to Pulsechain network. Go to Trade tab. Select from token as PLSX.
Provide Liquidity for HEX-WPLS I want to provide liquidity for HEX-WPLS LP tokens at 113% APR. HEX-WPLS has 38.3 Million dollars in tokens. First, I want to convert half of PLS tokens into HEX. I am going to invest on HEX-WPLS LP token. According to Pulsex.com HEX-WPLS LP token calculator, for $110 investment in an 1 year I will be making $232.47 assuming the APR stays same at 111% APR with auto compounding I will be making total of 211% APR.
In Summary, there is only 9 application on Pulse Chain. There is always risk the if the foundation does not support developers to develop lot more applications on Pulsechain the token will go dormant and token price (PLS) will plummet.
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Time Stamp: 00:00 Introduction to Pulse Chain 02:59 Total Value Locked (TVL) on Pulse Chain on Defilama 03:26 Bridging Ethereum Funds into PulseChain Using PulseChain.com 04:28 Pulsechain Explorer for Gems 04:44 Buying Pulse PLS tokens Safe.Trade 05:48 PulseChain on Dexscreener 06:47 Find out all tokens Airdroped on PulseChain with Lightbeam.xyz 07:13 Adding Pulse Chain to Metamask: 07:54 Pulse chain Swap on Pulsex.com Dex 08:37 Provide Liquidity for HEX-WPLS LP on Pulsex.com 10:05 Summary Risk and Rewards with Pulse Chain
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