p-DaiMaxi
@NineIronCapital
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$pDAI is a government proof, immutable, unchangeable, PulseChain stable coin. NFA. 0x6B175474E89094C44Da98b954EedeAC495271d0F TG: https://t.co/xKATJp6QkN
World
Joined June 2023
Why does it feel like $pDAI is the main character and we are up to part ten of the Hero’s journey? PulseChain is about to make history with the entire world watching. $pDAI to $1.
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All aboard. $pDAI is about to leave the station. A month of stability, followed by a month of higher prices. Suppression and accumulation are the same thing. $1 is inevitable.
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$pDAI and PulseChain are now rising together. $pDAI makes PulseChain unstoppable as it fortifies capital on-chain forever. Pulsechain is the settlement layer we will forever thank for the certainty and security it provides. This fact remains substantially undervalued. $pDAI to $1.
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Imagine if Richard arranged his sentences clearly? $pDAI to $1 is inevitable. "The $pDAI match is nearly struck. The weak hands shaken out violently. Be ready for greatness. Dry powder ready to explode. And haters, you're going to be very butthurt".
So crypto, what are you gonna do when the mass marketing starts ripping faces off? People are going to hear about PulseChain, PulseX and HEX and pump dot tires directly before they hear about anything else. They're going to hold something in their hands that works great and is
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Historically, $pDAI has commanded more mindshare and capital than any other coin on PulseChain. As marketing ramps up, and new capital flows in, there is no reason to believe this changes. $pDAI wins when PulseChain wins. They are symbiotic. $pDAI to $1 is inevitable.
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If you see this today, you too have already made your decision. $pDAI is inevitable.
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It is stable coin season. $pDAI to $1 is inevitable. NFA.
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But. but. but. Where will $pDAI's liquidity come from? Regulations coming to the $200 billion stable coin industry will mean money in the bank is no different to stables in a wallet. @LibertySwapFi is an exit window for those looking for an alternative. $pDAI solves this.
Intent-based cross-chain swaps offer a key advantage: they minimize transaction costs to the absolute lowest possible. Traditionally, bridging assets from one blockchain to Ethereum and then to PulseChain incurs significant fees, often making such transactions impractical. With
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It makes sense why $pMKR wasn’t in this photo. Doesn’t it? $pDAI is inevitable. NFA.
So I guess people like these coins. Is it Ethereum guys falling in love with these free coins, or new guys?
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$pDAI relative to $PLS could soon reach an all time high. Fortunately for the under allocated, this will occur at a lower absolute price per $pDAI. Is it clear for those outside of PulseChain that an incredible game is nearing completion? Ethereum, have you heard of $pDAI yet?
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Most are here to extract and leave. They dont believe RH is building something "real". Their assumption is that fiat rails are never setup, CEX's never come, liquidity only flows out, and $ETH-stables are the gold standard. This logic is deeply flawed. $pDAI will prove this.
@Coexisteven @PulseTvShow What is "real liquidity" to you? It sounds like you assume everyone dumps $pDAI immediately sells for any bridged in stables / $eth / whatever else can get off chain? During this time, $pDAI stays at $1, every other PulseChain coin else gets dumped. What happens when there is.
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13/x If you have gathered already, $pDAI in inevitable. Central banks leverage their US denominated assets to take investment opportunities in markets every day. $cDAI's lending market will be no different. A decentralized OA that will earn yield via arbitrage on the peg.
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12/x At the peg, $pDAI's market cap will be $500bn (based on our assumptions above). Of this, ~$44.3bn will be free traded supply and the rest will be used as an asset in $cDAI's lending pool. This is a ~$460bn central bank setup on PulseChain to ensure its $44bn stable is $1.
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11/x Many believe that minting $pDAI will destroy the price. It wont. Take a look at the $pMKR chart. It had thousands of trillions minted. The chart is fine because the new tokens were never spent. This is the same as $pDAI.
dexscreener.com
$6.87 Maker (MKR) realtime price charts, trading history and info - MKR / DAI on PulseChain / PulseX
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10/x As $pDAI is bought and prices rise , $cDAI prices rise too. This ensures that system leverage moves lower as $pDAI is moves higher. This is because the $PLS: $pDAI ratio keeps rising as the hyper loop happens. It is worth pointing out that no $pDAI is being sold until $1.
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9/x Borrowing $cDAI, to mint $cETH, which can be converted into $PLS / $pWETH to buy $pDAI is the loop. Add $1 worth of $cDAI, borrow $1 of $pWETH, $buy $pDAI. This rises the $cDAI price, take a $pDAI out of supply, and adds $1 of leverage to the $1 collateral position.
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8/x Post 'uncull' the value of the $cDAI might rise to ~0.00000144 (assuming exchange rate of 50:1). Market cap is ~$170m. If the pioneers use this $cDAI as collateral in $pCOMP, the can immediately borrow on it (lending up to ~75% of this collateral = $130m of buying power).
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7/x Once $cDAI is collateralized, the hyperloop starts. Theoretically, ~2Tn+ of $pDAI is needed to back $cDAI. But lower much numbers are possible with a lower exchange rate. It needs to be enough to defend the peg. Lets assume 455bn $pDAI are minted (total $pDAI supply 500bn).
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6/x Post collateralization, $cDAI should trade somewhere in the range of this formula: .2% * pDAI price / exchange rate (currently 5.3). Importantly, post the 'uncull', the exchange rate will be updated. This is why i believe $pDAI is a better hold as its upside is clearer.
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5/x Here is the kicker: $cDAI holders have a claim on the $pDAI minted into the protocol. BUT, this is determined by their exchange rate, which does not have to be 1:1. While it is theoretically possible that $cDAI trades at $0.02 post the peg, it is unlikely.
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