STOCK Token

The STOCK token is a key component of the Pulse Capital ecosystem, enabling users to access additional earning opportunities and platform features. Pegged 1:1 with DAI-WPLS LP tokens, STOCK is designed to support flexible usage, rehypothecation strategies, and long-term holding within Pulse Capital.

STOCK Token Details

• Pegged 1:1 with DAI-WPLS LP Token

• Index token for DAI-WPLS LP Token

• Supports revenue generation through rehypothecation on PulseX.

1. Acquiring STOCK Tokens

Users can acquire STOCK tokens through two primary methods:

1. Converting LP Tokens: By providing liquidity in DAI and PLS, users receive DAI-WPLS LP tokens, which can then be converted to STOCK tokens on the platform’s Convert Page.

2. Using the Zapper: The Zapper feature allows users to convert single assets, like DAI or PLS, directly into STOCK tokens in a single transaction, bypassing the need to provide both assets manually.

These options offer flexibility for users, making it easy to acquire STOCK tokens and participate in the broader Pulse Capital ecosystem, where STOCK tokens play a central role.

STOCK tokens can only be sold on the Convert Page, ensuring users receive the full 100% value of the token when converting back to other assets.

2. Benefits of the STOCK Token System

The STOCK token is designed to benefit both users and the Pulse Capital protocol by supporting rehypothecation and offering attractive APRs.

1. Higher APRs via Rehypothecation: STOCK tokens leverage rehypothecation on PulseX to deliver significantly higher APRs, providing substantial rewards.

2. Dual Reward and Liquidity Pools like the Heart Fund require both STOCK and LP tokens, promoting liquidity while providing users with rewards in both STOCK and PCAP tokens.

3. Tax Incentives: Users can avoid the 5% sell tax by opting for a 14-day lock period, allowing them to maximize returns.