Author: Connor
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The PulseChain (PLS) Accumulation Strategy
The Liquid Loans protocol is an amazing tool for PulseChain maximalists. By borrowing USDL and selling it to buy more PLS, users can leverage their holdings, responsibly. This strategy has the benefit of increased price exposure to PLS and an expedited accumulation of PLS coin count. Here’s exactly how to harness the “PLS Accumulation Strategy”:…
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Creating a PulseChain Safe
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Avoiding Redemption
To avoid redemptions in the Liquid Loans protocol, it’s important to maintain a healthy collateral ratio relative to the rest of the Vaults in the system. Here’s a step-by-step guide to help you: Your Individual Collateral Ratio (ICR) is the ratio of the dollar value of your entire PLS collateral to your USDL debt. 2.…
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Avoiding Liquidation
A liquidation happens when a vault’s collateral ratio falls below 110% (in normal mode) and 150% (recovery mode). To avoid liquidation:
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Where Does the Stability Pool Yield Come From?
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How To Repay Your Debt
***If you need help deciding on a collateral ratio to best manage your vault, visit the modules on How To Avoid Liquidation and How To Avoid Redemption***
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How To Open a Vault and Borrow USDL
Visit the “Borrow USDL” page. Connect Your Wallet Choose Desired Amount of PLS Choose the amount of PLS you want to stake. The Dapp allows you to select a custom amount or choose from 25%, 50%, 75%, or 100% of your current balance. Understand Your Transaction Under “Transaction Stats” you will see: The Total Amount…
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What is the Liquidation Reserve?
Visit the “Borrow USDL” page. Connect Your Wallet Choose the amount of PLS you want to stake. The Dapp allows you to select a custom amount or choose from 25%, 50%, 75%, or 100% of your current balance. hidden tag Understand Your Transaction Under “Transaction Stats” you will see: The Total Amount of PLS you…
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How To Redeem USDL for PLS
NOTE: When you redeem USDL for PLS, your USDL pays off an equivalent amount of debt to the lowest collateralized vault. For that service, you receive an equivalent amount of PLS. NOTE: The minimum amount you must redeem is 1800 USDL.
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How To Buy USDL Token