Liquid Staking

Withdrawal Fee:

  • .5% applied to all liquid staking withdrawals.

  • Covers operational costs and supports ongoing enhancements to the protocol.

  • Fee Reduction Plan: As Project Pi matures, the withdrawal fee will be gradually reduced to benefit long-term participants and attract more users.

Fee Allocation:

  • Entirely allocated to the Project Pi Foundation.

  • Supports the maintenance and improvement of staking infrastructure and related services.

Monthly Burn Mechanism:

  • 1% of the total withdrawal fees collected (25% of the total 4% fee) is transferred to a dead wallet at the end of each month.

  • Permanently removes these tokens from circulation, introducing a deflationary element.

  • Aims to reduce the total supply of PLS over time, potentially increasing its value.

Strategic Benefits and Commitment to Sustainability:

  • Benefits long-term holders by contributing to the overall health and stability of the PulseChain network.

  • Ensures a robust and sustainable staking environment.

  • Enhances the value proposition for the community.

  • Aligns with the goal of creating a secure, efficient, and beneficial ecosystem for all participants.

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