It didn't and it will not happen. Pulsechain will launch as a fork.
So if one buys any ERC20 before launch it'll still get a copy on Mainnet?
Obviously. It is known already for 2 years that it will be a fork and not a snapshot.
Yes, "on the fly" so to speak
And what does that mean for stablecoins... I guess the pulse copies won't keep their pegs. In that case, apart from swapping PLSX, are there other strategies for acquiring PLS after launch? I know ETH -> PLS, but apparently at a pretty low rate
Forks of stablecoins are obviously irredeemable. Not sure what you mean about "low rate". The rate is whatever people set it. PLS and every other token on Pulsechain will be freely tradable as long as admin keys are not used to kill the contracts, so try to avoid non-DeFi stuff.
I mean everyone will get PLS airdropped for ETH at some rate, which must surely be a fixed rate. And RH said ETH whales wouldn't suddenly become PLS whales
forked ETH becomes PLS 1:1
they are already massively diluted. $1 got 10,000 PLS
Right, so that's why I'm wondering what are the better strategies to acquire PLS at launch. I mean I will have PLSX, which I could potentially swap on the DEX, but any other strategies?
Ways to get PLS: 1. Holding even a very small amount of ETH through the fork will generate enough PLS for some transactions on Pulsechain. 2. There'll be a 'faucet' on Pulsechain, providing some free PLS. 3. Those who sacrificed for PLSX, but not PLS, will be credited with 1 free PLS. 4. Trade 'PRC-20s' received in the fork (ERC-20s on Ethereum will be ‘copied’ in the fork as PRC-20s - different tokens, not the same value) using the PulseX DEX. When the bridge is live it will be possible to bridge-in assets from Ethereum and trade the resulting wrapped stuff for PLS.
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