The first product released by the 9mm team was scan.9mm.pro
It has become my go to source of information to see what is going on on the PulseChain blockchain.
The 9mm DEX is the most innovative decentralised exchange on PulseChain.
With its integration of Uniswap v3, PulseChain becomes more cost-efficient. This is due to the ability to have concentrated liquidity, setting it apart from other exchanges.
The 9mm NFT marketplace is a digital platform for buying, selling, and trading NFTs.
It creates opportunities for artists to showcase work, collectors to acquire unique assets, and participants to explore the limitless potential of non-fungible tokens.
All generated fees from the DEX, NFT marketplace and the GMX platform will be shared with 9mm stakers. Once these products are launched, 9mm plans to expand to other blockchains.
The combination of the distribution system of 9mm tokens and revenue sharing makes the 9mm project truly community-owned.
When 9mm launches the token, 5% will be airdropped every month. I have been thinking a lot about what could be the best strategy to secure a good position in this ecosystem. Some ideas I had early on I already tossed aside because I realized they are not very effective and come with the risk of getting priced out. First, I thought I will just buy it off the market once the token is out. I will still do this but just with a small allocation for this strategy.
I assume 9mm will be fairly volatile, and there is no guarantee I get as much as I want to. So this strategy is only third on my list.
After I realized that a big amount of 9mm goes to the protocol users, my idea was to heavily use the DEX to buy, sell, and provide LP to get high up the leaderboard and therefore earn the amount of 9mm I want. The problem with this strategy is that it is risky to trade and LP, and there are always other players that have more capital, which will give them a bigger slice of the pie compared to me. I will still do all these things but again just with a small amount that I would be doing on other DEXes anyways.
Another reason why I will not use this strategy as my main way to get 9mm is that the leaderboard is not only highly competitive but also very diluted. The 45% allocation to protocol users is shared by every transaction that routes through the 9mm DEX. So if you use a DEX aggregator like Piteas.io and your transaction goes through a 9mm pool, you will get some 9mm airdropped to your wallet.
Understanding all of this made me realize that minting was the best way to go but this is not possible anymore. Therefore, buying the #PulseOG NFT and holding for the next 20 months is the best way to secure your position.
The total supply of 9mm is 1B token
5% of the total supply will be airdropped each month
All minters combined get 30% = 300,000,000
All holders combined get 20% = 200,000,000
The team allocates 5% to LP = 50,000,000
All protocol users get 45% = 450,000,000
Calculation for minters and holders:
30% to minters = 300,000,000 to 5555 Pulse OGs
300,000,000/5555= 54,000 in 20 months
54,000/20= 2700 9mm per PulseOG per month
20% to holders = 200,000,000 to 5555 Pulse OGs
200,000,000/5555= 36,000 in 20 months
36,000/20= 1800 9mm per PulseOG per month
Minter = 2700 9mm per month per PulseOG
Holder = 1800 9mm per month per PulseOG
This is a rough simulation of the token supply chart over time. Here's what I gathered from creating this chart:
The 9mm Game Theory heavily revolves around the community.
It begins with NFT holders receiving their 9mm airdrop every month. Now, they have multiple options. They can provide liquidity, earning leaderboard points for more 9mm in the following months. All transactions—buys, sells, and liquidity provided on the DEX, NFT marketplace, or GMX fork—earn points based on volume.
Another option is staking your 9mm to earn a share of the protocol fees. These fees, generated from various protocols, are split 50/50 between stakers and the Buy & Burn function. When you stake 9mm, there's no lock-up period like in HEX, and you continuously earn $PLS that you can access anytime.
The 9mm ecosystem incorporates a Buy & Burn mechanism, similar to PulseX. By using 50% of the generated fees, the protocol directly buys tokens from the market, permanently removing them from circulation.
This process aims to reduce the token supply, increase scarcity, and potentially support the token's price over time.
What I learned from creating the #PulseOG rarity cheat sheet:
Some categories are more important than others to boost your Pulse OG NFT rarity. For example, backgrounds or chains are not that critical because the spread from worst to best is not significant. Compare the spread of mouth and skin. There you can save a lot of points. I would first look for skin, then mouth, then eyes, then head.
When looking for skin, mouth, eyes, head, etc., it's very good if you have anything that is marked green compared to red because that saves you a lot of points.
And for me, the most effective way to find a rare PulseOG NFT is anything that has a special trait, e.g., goggles, mask, VR headset. These NFTs count all traits together and divide by 6, compared to non-special NFTs that will divide by 7 traits. If you find a special trait and it also has a green-marked trait of significance (skin, mouth, eyes), it's a big boost.
This is all just for fun and culture. The market doesn't respect rarities yet and may never will. This could be an opportunity for people who see the value in rarity early, or it's a waste of time. This is for you to decide. I could come up with multiple reasons why people will speculate on rarities in the future, but that is for sure a very long-term play.
If you have any questions about the 9mm ecosystem, the Telegram chat is your number one resource.
Here, we answer questions, share updates, and discuss strategies.
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