Introduction

Over the past few weeks PulseDoge been developing a new kind of staking contract they want to launch once our token is deployed on PulseChain.

They’ve been exploring the possibility of launching a zero-inflation staking feature as we will never have more than 1 Billion tokens for the PulseDoge token. They call it Echo-Staking.

Between founders, super-whales, and early community members they’ve been able to agree on roughly 215–230MM PulseDoge tokens to be pledged, “donated”, and locked, into a new staking contract.

This 215–230MM will be taken out of circulating supply, and instead be used as a common reward pool for future stakers of PulseDoge.

This means between 15–20% of the current circulating supply of PulseDoge will be locked into this contract and be available as staking rewards.

In short, it’s a staking eco-system without any external sell-pressure, no inflation needed, no tokens minted ever.

All the staking yield will come from existing, or “former”, supply: from big liquid wallets, from seemingly benign entities who want to enhance the PulseDoge project.

Where To Buy Pulsedoge

You can buy Pulsedoge on two chains. PLS-users can buy Pulsedoge on Pulsex.com (http://pulsex.com/).

How Long Can You Stake

You can stake between 1 - 369 days. To get xPulsedoge you will need to stake for minimum 60 days.

How Many Stakes Can You Have At The Same Time

You can have maximum 20 stakes per wallet at the same time.

Where Can You Claim Your Rewards

You can claim your Pulsedoge tokens once a stake is completed. If you have stake more than 60 days you will get your xPulsedoge immediately.

Can You End A Stake Early

Yes, but you will incur a penalty. Depending on how many days are left unserved, it may be very harsh.

If you still choose to do so, you will get back your principal PulseDoge tokens MINUS a penalty:

This penalty is divided up in the following way:

50% is sent back to replenish the echo-staking contract (it is “recycled”) 50% is burned and thus removed from circulation forever.

NFTs

Pulsedoge continues to build features around the native token to enhance the echosystem.

The Pulsedoge NFT project is unique in the way it distributes NFTs and how it enhances the tokenomics of the Pulsedoge token. It’s designed to work hand-in-hand with EchoStaking (which locks up supply).

Pulsedoge created a minting phase of 1,476 unique NFTs that will be distributed for each day, for 365 days.

The NFTs will be distributed in a lottery fashion where users can win them by offering their “lottery tickets”, which are tokens, called xPulsedoge.

The way you get your hands on these xPulsedoge tokens is by burning regular Pulsedoge.

The daily competition for NFTs

So in each 24-hour period, there will be 4 NFTs minted and claimable by lucky participants that day.

The more xPulsedoge (% share) you have contributed, the bigger the chance you will win one of the four NFTs minted that day.

The daily pool is open publically for anyone who owns xPulsedoge tokens to participate in.

With this system there is no way to directly purchase Pulsedoge NFTs without benefiting all holders of Pulsedoge. To get NFTs, you have to either own Pulsedoge and burn it, or you have to buy it and burn it, to get your xPulsedoge lottery tokens.

Where Can You Sell NFTs

You can sell your NFT on any Pulsechain NFT marketplace.