POOL
The Most Utility-Driven PoolSea
Native Token
More than just a
simple
crypto
currency
Features
Daily buy
& burn
Up to 31.5% buy & burn on every commission earned on our DEX.
Selling
tax
Sellers can be taxed up to 3.1416%.
0% trading
fees
POOL buyers are paying 0% commission fees.
Staking
rewards
Earn Hex, PLS, PLSX, and many more...
Pool Utility
- The interest charged on loaning out GOL is paid in POOL tokens. These tokens are then all burned to ensure POOL remains a fully deflationary token.
- Daily POOL buy & burn up to 31.5% from each commission earned from our Dex
- To generate Hpx, which is an NFT token, one must first burn a specific amount of POOL tokens equivalent to the amount of Hpx they want. For each POOL token burned, a user will receive one Hpx.
- Investors will enjoy daily rewards in Hex, PLS, PLSX, stPLS as each time crypto tokens are withdrawn from the liquidity pool, stakers will receive yields on their staked POOL.
- A fee of up to 3.1618% will be taxed whenever investors unstake their tokens. The Intelligent Selling tax fee will be proportional to the length of time one stakes their POOL. The longer you stake your POOL, the less the tax percentage will be.
- POOL token holders will enjoy a very low commission fee of 0.01% on our decentralized exchange (DEX).
Tax fee
selling system
The longer you stake, the
less you’ll get taxed.
E.G Equation
POOL holders will be incentivized to stake for longer. The longer you stake POOL, the less the tax fee you'll be charged. The inspiration for our maximum tax fee of 3.1618% is inspired directly by the golden number and Pi phenomena.
PoolSea on
Ethereum
The POOL project will be rolled out on both the Pulsechain and
Ethereum networks. For users
on Pulsechain, they will automatically get a stock of POOL
tokens. For users on Ethereum, they will have to burn POOL on
Pulsechain network because there'll be zero supply on Ethereum.
Emergency End
Stake Penalty
If you cut a stake short, you will pay a penalty. The longer your stake, the bigger the potential penalty. The earlier you cut a stake short, the higher the penalty. If you have served less than half your stake, the penalty will eat into your principal.
< 180 day stake
For stakes less than 180 days, the 'crossover' point where penalty does not touch principal will always be 90 days
=> 180 day stake
For stakes less than 180 days, the 'crossover' point where penalty does not touch principal will always be 90 days
Examples
Example 1
- 100,000 Pool staked for 100 days
- Emergency end-stake on day 12
- Assume interest received is 2000 Pool for this example
- Half of committed days is equal to 50. This variable must be 90 or more, so 90 takes its place.
- Penalty = (2000 Pool) * (90 days) / (12 days) = 15,000 Pool
- Pool Received Back = 100,000 Pool - 15,000 Pool + 2000 Pool= 87,000 Pool
Example 2
- 2,300,000 Pool staked for 3600 days
- Emergency end-stake on day 80 of the stake
- Assume interest received is 120,000 Pool for this example
- Penalty = (120000 Pool) * (1800 days) / (80 days) = 2,700,000 Pool
- Pool Received Back = 2,300,000 Pool - 2,700,000 Pool + 120,000 Pool = 0 Pool
- In this example you would lose all your Pool. You can never go negative and “owe” Pool
Example 3
- 1,000,000 Pool staked for 210 days
- Emergency end-stake on day 110 of the stake
- Assume interest received is 39,000 Pool for this example
- Penalty = 38,000 Pool
- Interest = The interest accrued after the 50% mark, 1000 Pool
- Pool Received Back = Principal plus the interest accrued after the 50% mark, = 1,001,000 Pool
The same principle will be applied to yields earned from staking with Pool.
