Unleashing the Potential of StrongHands 3D: A Revolutionary Protocol
In the world of cryptocurrency, innovative protocols are constantly emerging, revolutionizing the way we invest and earn. One such protocol that has gained significant attention is StrongHands 3D. In this article, we will delve into the mechanics of StrongHands 3D and explore how this protocol works to provide a unique investment experience.
Exploring StrongHands 3D and Its Mechanics
StrongHands 3D, often referred to as PLS3D in the Pulsechain deployment, follows a similar theory across all the chains it supports. It offers a novel approach to deposits, withdrawals, compounding, rolling, harvesting, and claiming, all designed to maximize earnings and create an elastic-supply contract that responds to demand.
Understanding the Deposit and Withdrawal Process in StrongHands 3D
Let’s start by understanding the deposit and withdrawal process in StrongHands 3D. Whenever a user makes a deposit or withdrawal, a 10% fee is applied. This fee is then distributed among all the holders of 3D tokens, proportionate to the percentage of 3D supply they hold. For instance, if a user holds 10% of the supply, they can expect to receive 10% of the fees generated from deposits.
Compounding and Rolling: Maximizing Earnings with StrongHands 3D
To facilitate deposits and withdrawals, StrongHands 3D employs a bonding curve algorithm. This algorithm adjusts the supply of 3D tokens based on the number of deposits and withdrawals. When a deposit is made, the supply of 3D tokens increases, resulting in a higher price for the next unit of 3D. Conversely, every withdrawal reduces the price or fetched value of the next unit. This elastic-supply mechanism ensures that the contract responds dynamically to the demand from investors.
Harvesting and Claiming: Realizing Profits in StrongHands 3D
Moving on to compounding or rolling, StrongHands 3D offers users the option to reinvest their earnings. As fees are distributed, 3D holders witness their earnings accumulate in the top-middle section of the interface. By choosing to compound their earnings, users can convert their earnings into more 3D tokens. This process involves a single transaction that executes a “Claim earnings and buy more 3D” operation, eliminating the need for users to perform multiple transactions.
It’s important to note that compounding also incurs a 10% fee, which is already calculated in the user interface. Both deposits and compounds utilize the internal “purchaseTokens” method of the 3D contract, ensuring a seamless and efficient user experience.
Additionally, StrongHands 3D provides users with the option to harvest or claim their earnings to their personal wallets. When users accrue earnings from holding 3D tokens, they can choose to claim these earnings without incurring any additional fees. This feature allows investors to realize their profits and maintain control over their earnings.
Empowering Investors with StrongHands 3D
Overall, StrongHands 3D introduces a unique and comprehensive protocol for investors looking to maximize their returns in the cryptocurrency space. With its elastic-supply mechanism, fee distribution model, compounding options, and earnings-claiming feature, StrongHands 3D provides a platform that empowers users to unlock the full potential of their investments.
As with any investment, it is essential to conduct thorough research and exercise caution when participating in cryptocurrency protocols. However, StrongHands 3D presents an intriguing opportunity for those seeking to explore a new and innovative approach to earning in the crypto market. By leveraging the mechanics of StrongHands 3D, investors can potentially tap into a world of exciting possibilities and financial growth.
Explanation of the PriceFloor
The “Pricefloor,” is a mechanism referring to a unique feature that sets StrongHands apart from other hourglass protocols. In this mechanism, a specialized contract called Pricefloor is created and given PLS3D tokens upon the deployment of the core contract.
The Pricefloor contract behaves like any other PLS3D holder in the sense that it earns PLS (the native token of StrongHands) through various mechanisms within the protocol. However, there are certain restrictions placed on the Pricefloor contract that differentiate it from regular holders.
The Pricefloor contract is designed in such a way that it cannot sell, redeem, or transfer its PLS3D tokens. Its primary function is to compound its PLS holdings into more PLS3D tokens. This means that instead of converting PLS3D tokens into other assets or transferring them to other users, the Pricefloor contract continuously reinvests the earned PLS into the protocol, thereby increasing its PLS3D balance.
The purpose of the Pricefloor mechanism is to ensure that even if all other holders of PLS3D tokens decide to sell their tokens, there will still be a minimum price, value, and liquidity maintained in PLS3D. The continuous compounding of PLS by the Pricefloor contract helps to support the token’s price and prevent it from collapsing in the absence of other buyers.
By implementing the Pricefloor mechanism, StrongHands aims to create stability and liquidity in its ecosystem, providing assurance to PLS3D token holders that there will always be some value associated with their tokens, even in extreme scenarios where most other holders choose to sell.
Overall, the Pricefloor mechanism distinguishes StrongHands from other hourglass protocols by incorporating a specialized contract that plays a vital role in maintaining the token’s price and ensuring its long-term viability.