In this discussion, we will be comparing the big three Richard Heart tokens speculatively, to see just how easy it will be for HEX, PLSX, or PLS to 100x in total value it can generate, given what we have seen in overall sentiment and data so far. We will be looking at all ways that can be used to generate yield while using each Token in its native smart contract as well as any airdrops that have proven themselves to be trustworthy and worthwhile to interact with. First up, let’s look at the Pulsechain native currency, Pulse (PLS).
PLS – Pulse
Pulse’s largest driver of performance will be due to its price performance from market buys increasing the price – and there should be extremely high demand initially and long term for PLS. 40,000 wallets were lucky to sacrifice for Pulsechain, whereas over 130,000 wallets sacrificed for PulseX. PLS could likely be very hard to accumulate and have very high demand.
Not only this, but due to the nature of Pulsechain itself, a percentage of each transaction fee paid in PLS will be burnt from supply. When Network usage is high enough, Pulse will see a deflation in its total supply, whereas when network usage is low enough, we should see a slight inflation of the PLS supply. PLS burnt over the first number of years won’t be anything substantial, but as the network continues and assuming adoption increases at a steady rate, that could change dramatically and cause much more PLS to be burnt. This won’t have a direct impact on price, but it will make the PLS token more rare and have less available to be sold on the market, which could assist in the price increasing over time due to supply scarcity.
If you are able to become a validator for the Pulsechain Network AND you have 32 million PLS tokens, you may be able to earn 3% APY on that 32 Million PLS worth 960,000 PLS approximately per year with an assumed 40,000 validators on the network. Over the course of multiple years, this could prove to earn nearly 3 million Pulse. The downside to this is the financial costs, time and effort that are necessary to become a validator, as well as the need to have 32 million PLS to participate as a validator.
All in all for PLS, It will take the market directly purchasing PLS tokens in order for your PLS bag to reach its 100x appreciation unless you have more than 32 million PLS and are willing to purchase and set up a validator. Yes, there may be other protocols that can generate other tokens, which may be staked for yield, but that is outside the scope of this discussion. As this blockchain and ecosystem is extraordinarily anticipated for its opportunities in other, new projects as well as the core tokens we are discussing here, the demand for PLS should be steady over the years to come.
Now it’s time to look at PulseX!
PLSX – PulseX
PLSX’s token has a few different avenues that will cause the accumulated value from the token to increase beyond just the market buys pushing up the price. Primarily, PLSX will likely have a moderate to high demand over its lifetime, as the only users who will hold PLSX when Pulsechain launches will be the 140,000 wallets that sacrificed. This should be sufficient demand for the market to increase the price of PLSX to a large degree. Additionally, the total supply is deflationary; however, unlike PLS, the PLSX that is burnt from supply is first purchased from a portion of the fees built in to every single transaction that runs through the PulseX exchange.
This feature is called the ‘Buy & Burn’. If PulseX saw even 30% of what Uniswap (The most liquid and utilized Decentralized exchange on Ethereum) had in total volume over the past year ($730.83 Billion), that would net $144,704,340 in PLSX purchased off the market and then burnt from supply. This would mean the Buy & Burn would be purchasing on average $396,450 per day of PLSX and removing it from existence. Who knows what that will do to price over time, but $144.7 million extra dollars buying PLSX is sure to make an impact!
Additionally, PLSX will have single sided staking pools which will allow PLSX holders to earn one or more of a variety of tokens voted in by the internal PulseX DAO. While we do not know what the rewards are possible to look like in terms of APR percentage, this is another avenue that allows PLSX holders to increase their total ROI from their PLSX to 100x far easier than if it was solely up to the market to push up the price.
HEX
Hex primarily has only one way of increasing in holdings value aside from market buys pushing up the price: Staking to earn yield in the form of more Hex tokens. One year stakes typically earn around 11% yield in hex tokens all the way up to nearly 40% for larger 15 year stakes. 3 year stakes can earn around 20% yield or more and the yield only increases as the stake length does. This means that all future gains in price performance from the market are amplified by the amount of yield earn during a stake and if staked, it takes less price performance to get a total net gain of 100x in value.
Additionally, all Hex stakers are entitled to mint Hedron tokens before their stake is ended. The only cost required to mint these tokens is a gas fee, but if you end your Hex stake before minting Hedron, the tokens will be lost forever. Hedron is part of a larger financial system built on top of Hex which allows a multitude of different options to utilize Hex stakes, Stake Hedron to earn a secondary token called Icosa, and even stake that earned Icosa to earn both Hedron and Icosa. This creates a long-term compounding effect that could amplify gains that staking Hex offers to a whole new level in the future, if Hedron and Icosa continue to rise in value and someday may reach their potential maximum value. There is no telling for sure how these additional assets will perform, but the future looks bright for this system built on top of Hex. All the compounding that can take place by the additional staking layers of Hedron and Icosa require no market purchases of the tokens and are completely free aside from paying the gas fee to either mint, stake, or end-stake. To learn more about these tokens, be sure to download my free ebook here and study the chapters of Hedron, Icosa and Synergy:
And finally, all of the points we have covered regarding Hex staking and the additional tokens that can be staked will all get doubled if you start this compounding process before Pulsechain Main net finally goes live as Pulsechain is copying all tokens from Ethereum in user wallets and giving them a free copy on Pulsechain. This means that if the value of Hex, Hedron and Icosa on either chain ever becomes close to or equal, it would take a 50x before staking all tokens mentioned here to have made your total investment value worth 100x what you put in. If we are to include all staking rewards that have been accumulating, this could lower the amount of X’s required on both chains dramatically to see a total of a 100x gain in investment value.
Conclusion All in all, there is no telling which token will perform the best over the coming months and years, however it is very important to understand the token you wish to hold. All three of these tokens will perform very well over the long term in my opinion for many, many reasons. Some of these reasons or factors will impact the others positively and some will influence each of them independently. I will save that conversation though for another post.
Each of these tokens serves a different purpose as an investment vehicle within the ecosystem and will likely shine based on different needs of the overall market. It is important to research and understand WHY you want a token in your portfolio moreso than “Can it do a 100x?”. If you would like personal coaching on which tokens are a fit for your long term strategy and how to utilize them together I the long term, book a one on one coaching session using the coupon code PULSECHAIN369 for 36.9% off, or use the coupon PLS222 for 22.2% off all 30 minute coaching calls below.