The PulseChain Bridge is online! 05/16/2023 | by Blaster Master | coin monks | May 2023

05/16/2023

Last night, the bridge protocol that allows sending tokens from Ethereum to the PulseChain.com network went live. You can transfer your erc20 tokens and ether to the Pulsechain network by going to pulseramp.com

Liquidity is low and the transaction volume in the network was extremely high. Attention dealers. When liquidity is low, the price (relative price) fluctuates wildly. Slippage occurs with every trade and can be significant.

Once on PulseChain, you can trade your tokens on PulseX.com. Let’s look at the largest liquidity pools on the network this morning. I will do my best to show the ratios between the token pairs and no dollar value as no dollar value is relevant on the network yet.

First the PulseX:Pulse pair. This pool has the greatest liquidity. You can get about 4 PulseX for each pulse. Dollar value of Pulse or PulseX? Unknown.

PulseX:Pulse price chart PulseX.comTotal number of blocked tokens PulseX:Pulse PulseX.com

Now let’s look at the Hex:Pulse pair. This is the second most liquid chart. There are two versions of Hex. One is native to Ethereum and the other is native to PulseChain. This is a PulseChain native hex. Dollar value of pHex token? Unknown.

Hex:Pulse price chart PulseX.comTotal number of locked tokens Hex:Pulse PulseX.com

The third most liquid pool is the Incentive Token:Pulse pair. The incentive token is the token that liquidity providers receive as a reward token. Incentive token dollar value? Unknown.

Price Chart Incentive: Pulse PulseX.comTotal Locked Tokens Incentive: Pulse PulseX.com

Another relevant chart is the pHex:eHex chart. In case you don’t know, PulseChain was created by Richard Heart. Hex was a previous project of his. It appeared in 2019. The community has remained loyal to the founder during the two-year wait for PulseChain to launch, and this token is expected to see higher volume and interest than other cloned erc20 tokens. The dollar value of eHex is $0.034. Given that eHex is traded on Uniswap, we can start forecasting prices for other tokens, but at these levels of liquidity you will see slippage on every trade.

Price Chart pHex:eHex PulseX.comTotal number of blocked tokens pHex:eHex PulseX.com

I can say more, but I won’t do it. If you have used an EVM blockchain before, you will be very familiar with PulseChain. Regardless of your skill level, you should think twice before executing a transaction. The blockchain is immutable.

Update: There seems to be an issue when people run out of gas after crossing the bridge. I wouldn’t use the bridge unless I could confirm that I could once get gas to operate on the other side of the bridge.

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