After more than a year of waiting, PulseChain is now live on mainnet! PulseChain is a novel paradigm shift that is bringing a lot of excitement to the crypto space.
TrustSwap is prepared to support the PulseChain Network across all our services, including the Launchpad, Team Finance, and The Crypto App. We will also be supporting the new TrustSwap tokens known as “pSWAP” that were created by the PulseChain fork.
What Is PulseChain?
PulseChain is a fork of Ethereum that includes the entire network state at the time of the PulseChain Snapshot (May 10th, 2023). This means that any tokens you had on Ethereum Mainnet were copied over to PulseChain. This includes $SWAP tokens.
What is pSWAP?
pSWAP is the name of the new tokens created when PulseChain forked Ethereum. Anyone holding SWAP tokens on Ethereum during the snapshot on May 10th now has free pSWAP tokens waiting for them on PulseChain.
What Does pSWAP Do?
First of all, let’s talk about what it doesn’t do.
pSWAP is not interchangeable for SWAP on other blockchains. It is a separate token for use exclusively within the PulseChain ecosystem. It is priced separately from other SWAP tokens which can be moved freely between chains like ETH, BCS, MATIC, and AVAX.
You can bridge pSWAP to other chains and you can bridge SWAP from other chains to PulseChain, but the results will not be the same tokens.
For Example.
- pSWAP bridged from PulseChain to Ethereum will become “pSWAP on ETH”, not “SWAP”.
- SWAP bridged from Ethereum to PulseChain will be “eSWAP on PulseChain”, not “pSWAP”.
pSWAP utility is similar to that of normal SWAP, but it is only for use within the PulseChain ecosystem. pSWAP holders will get bonus allocations for Launchpad projects that are building within the PulseChain Ecosystem.
Further details will be announced in the future.
Memecoin Season on PulseChain
Jeff recently made a short tutorial video on how to make a token on PulseChain using Team Finance. The PulseChain community was apparently starving for meme coins to trade because they aped in, and it did an immediate 5000X!
DOGE On PulseChain was born and has quickly become the #1 memecoin on Pulsechain.
He apparently had way too much fun to stop with just one, so he made another one called “PEPE On PulseChain”. He will be airdropping the new PEPE tokens on PulseChain to everyone holding SWAP on any blockchain as well as anyone holding pSWAP or DOGE on PulseChain!
Several other memecoin communities on PulseChain have also committed to airdropping their tokens to DOGE on PulseChain holders.
Exploit on Polygon Bridge (RESOLVED)
A hacker recently found an exploit in the Polygon bridge and has been selling stolen pSWAP. When the exploit was discovered, the TrustSwap team removed liquidity from PulseX DEX and requested that people not buy pSWAP until it was fixed so that the hacker couldn’t sell the tokens.
The issue is now resolved, and liquidity has been returned, so you can now continue to trade pSWAP.
Q&A
Q. What if my SWAP was staked?
A. SWAP staked on Ethereum resulted in mirrored stakes on the smart contract, which was also mirrored onto PulseChain. These stakes will unlock and be claimable as liquid pSWAP as soon as the staking periods expire.
Q. Do I still get pSWAP if I was holding or staking SWAP on BSC, Polygon, or Avalanche?
A. No. If you were holding SWAP on another blockchain like BSC, MATIC, or AVAX, or on a centralized exchange, you did not get the pSWAP airdrop. Sorry. This was only for Ethereum holders. TrustSwap did not have anything to do with how PulseChain decided to launch or distribute these tokens.
Q. Can I still use my normal SWAP tokens for PulseChain Launchpads?
A. Yes. All SWAP stakers will still get access to all Launchpads as usual. pSWAP holders will simply get a bonus on top of their Staking Score-based allocations and only for PulseChain launches.
Q. What can I do with DOGE and PEPE coins on PulseChain?
A. Meme coins are digital collectibles. You can have fun trading them on PulseChain. You can also stake them on Team Finance for rewards.
Q. How can I trade these new coins on PulseChain?
A. They are tradable on PulseX DEX. In order to trade on PulseX, you will need some liquidity and PLS tokens for the gas fees.
Q. How do I connect to the PulseChain network?
A. Configure the network settings of your wallet using the settings below.
Q. How can I see my pSWAP tokens on PulseChain?
A. Once you have added PulseChain to your Web3 wallet, you will need to manually add the pSWAP token contract for them to show up.
Q. What is the pSWAP contract address?
A. 0xCC4304A31d09258b0029eA7FE63d032f52e44EFe
Q . Where can I learn more?
A. Things are moving very fast in the PulseChain ecosystem. To stay up to date on all the contests, airdrops, and opportunities for DOGE on PulseChain and PEPE on PulseChain, be sure to follow them on Twitter.
Click the links below.
Please note that PulseChain is very new technology and there are all kinds of risks involved with trading there. This is all experimental and for entertainment only. Be smart and play safe.
