!summarize
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The buying and burning actions triggered by Alien transactions elevate the appeal of holding the token. The other half of the accumulated PLS is distributed as rewards to Alien token holders. This is executed without complex staking or locking requirements, allowing participants to enjoy the benefits simply by holding the token in their wallets.
Furthermore, 2/3 of the rewarded PLS is distributed in equal portions of PTGC and 808 Liquid tokens, sent automatically to users' wallets. This smooth automatic distribution ensures that holders can realize liquidity benefits without the need for manual claims. The remaining third of the PLS goes towards enhancing the Alien and wrapped PLS liquidity pool, which juices up accessibility for users who wish to exchange or sell their tokens.
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Understanding Alien: A Significant Support Token in the PTGC Ecosystem
In the rapidly evolving landscape of cryptocurrency, strategies for enhancing token value and supporting liquidity are paramount. In a previous video, we introduced the unique attributes of the Gry's currency and its innovative liquidity web that continually raises the token floor price, rewarding its holders. This follow-up delves deeper into Alien, a supportive token with complementary functions to the PTGC ecosystem, including mechanisms for buying and burning tokens to encourage scarcity and higher value.
The Functionality of Alien
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Alien operates within the PTGC ecosystem to provide a decentralized amplification of liquidity. Each transaction incurs a 6% tax in the form of PLS, the native coin on the Pulse Chain. This tax plays a crucial role in sustaining the ecosystem's health.
Half of the PLS collected from transaction taxes is dedicated to a buy and burn mechanism. Specifically, a third of this is utilized to buy and burn Alien tokens, while the remaining two-thirds are equally divided between buying and burning PTGC and 808 Liquid tokens. This mechanism not only maintains a consistent upward pressure on prices but also progressively diminishes the available supply of each token, ensuring rarity and potentially increasing their market value.
Rewards for Token Holders
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The Interconnected Ecosystem: Taxation and Benefits
It’s essential to note that transactions involving Alien do not just trigger internal rewards; they also catalyze a chain of tax-related activities within the broader PTGC ecosystem and its amplifier tokens. Whether individual investors or bots are engaging in buying or selling activities, the taxes incurred benefit all stakeholders participating in the PTGC ecosystem.
In essence, each transaction encourages a cycle of buying, burning, and liquidity addition that serves to increase the total value within the ecosystem while simultaneously minimizing token supply. As this cycle continues, it fosters an environment ripe for price growth across all involved tokens.
Independence and Advantages of Alien
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While Alien is positioned as a significant support token within the PTGC ecosystem, it maintains operational independence, thereby protecting the interests of its holders. The structure of its rewards system acts as a leverage play for those invested in PTGC, continually enhancing holder value with every transaction made involving Alien.
As more transactions take place, the potential benefits extend further across the network, creating a win-win scenario for everyone involved. The seamless design encourages frequent trading, thereby amplifying user interaction and investment in the ecosystem.
Conclusion
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In conclusion, Alien stands out as a hyper-deflationary support token within the extensive PTGC ecosystem. By automating liquidity mechanisms and reward distributions, it enables convenience for its holders while simultaneously fortifying the economic structure of the entire ecosystem.
If you're curious about diving deeper into the dynamics of Alien and its implications within the PTGC network, there’s an open invitation to ask questions in the public Telegram room. Engage in discussions, share your insights in the comments, and stay tuned for further informational content. As always, ensure to like and subscribe if the information you received was beneficial. Thank you for tuning in, and we look forward to seeing you in our next installment!