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  • Writer's pictureCoexistence Steven - Architect, Meditator, Investor

What is Atropa Pulsechain? What is pDAI? Who is mariarahel the 414 Dev and What are the IRC Chatlogs? Unravelling the Mystery of Crypto's Greatest Narrative And How THIS is True DeFi - Part I


 

This is Part I of a series on the Atropa Pulsechain ecosystem, diving into the creation of a truly decentralized financial system with it's own fully collateralized stablecoins pDAI, pUSDC and pUSDT (the forked stablecoins on Pulsechain), 100% backed by the Atropa ecosystem, all shrouded by the mystery of a genius mariarahel the "414 dev".


I don't think anyone truly understands it yet (myself included), so my aim is to clarify my thoughts and share my learnings around why I think this is the most profound narrative in all of cryptocurrency right now.






What is Atropa Pulsechain?


The Atropa Pulsechain ecosystem is a network of interconnected tokens attempting to create a truly decentralized financial system, replicating all the instruments of traditional finance, such as checking accounts, backing systems, trusts, legal tenders, and minting.


The ecosystem is liquidity bonded in a way that is creating a burnt liquidity floor with the objective of creating a collateral of value 100% backed by cryptocurrency for 3 pstables on Pulsechain - pDAI, pUSDC and pUSDT.






What is Atropa According to Mariarahel the 414 Dev


In conversation with maria, she (or he... more on the chatlogs and mariarahel in part III) has answered people's questions on what the Atropa Pulsechain ecosystem is.


Liquidity and Financial System


It feels complete right now. As a gambit, it is winning. The locked liquidity set is designed to provide a token of a capital strategy that is ostensibly better than meme or even stable coins by retaining a fault-bottom-specific floor for buyers and a largely buffeted loss on sales due to the buy:liquidity ratio. Tokens thus far represent the best of my capacity to define a legal tender complex financial instrument that satisfies all the requirements of the plays on money including the fears associated with the absolute worst case scenarios

-mariarahel



Wave Motion and Liquidity


Question: When I see what ATROPA is with all these coins, pDAI to $1, and the shifting around of all this Liquidity, my mind goes to Wave Motion (Kymatology), Mechanical/ Standing/ Longitudinal/ Transverse Waves - Fluid Mechanics, Oscillating Frequencies, and somehow Liquidity Bonding plays a big role in this. Am I going somewhere with the ideas I wrote earlier or am I way off?


The operating word the ecosystem is aiming for currently is Production. The idea all along has been to map out like a fluid constitution the set of concepts and definitions that makes the ecosystem a good investment, and currently whether a thus-mapped out set of such monetary-tied concepts can be considered 'production' quality at all.

-mariarahel


wave motions of Atropa Pulsechain

Purpose of Atropa Ecosystem


Question: So the purpose of the Atropa ecosystem is to steadily and slowly, using liquidities and bot transactions, pump up the ecosystem of the following tokens majorly: ATROPA, Teddy Bear, TSFi, pDAI? Or the final purpose is just to bring pDAI to 1 dollar and peg it?


I'm interested in an investment production with momentum, I hope that the liquidity locking currently place the system moving forward not entirely in any individual control. There are a number of situations that could occur as the network becomes more attractive. The ownership on Teddy Bear has been most proactive and I could see it taking off first because of the profit to the large investors.

-mariarahel





Heart's Law and Liquidity Bonding


Richard Heart, the founder of Pulsechain, was the first to identify that assets bonded together in liquidity move together, dubbing it "Heart's Law". You can observe this law within all blockchains, where the tokens are dragged up or down with the native token, as arbitrage bots capitalize on the gaps created by the price movements.


The difference between the above type of bonding and the Atropa ecosystem is the way in which the bonding is designed from the ground up.


For example with Ethereum, most pairings occur through Ethereum, such as Ethereum <-> Shiba Inu, Ethereum <-> Filecoin, or Ethereum <-> Maker. There is no direct bonded liquidity between the other tokens like Shiba Inu <-> Filecoin or Filecoin <-> Maker, and if there is they are only arbitrarily bonded.



The above image is one of the first liquidity bonding maps created by the original pioneers who discovered Atropa on Pulsechain, showing clearly what makes it so unique. Unlike the linear and one dimensional relationships on Ethereum, Atropa specifically designs and interconnects the liquidity bonding.





Heart's Law and Liquidity Bonding of Atropa Pulsechain



The carefully designed network of tokens, shown above by Steadypup shows only a select number of the over 100 tokens within the Atropa ecosystem. It shows how they are paired together through different liquidity routes and ratios, presenting a huge variety of opportunities for potential investors.


For example we can see Atropa <-> Teddy Bear, Atropa <-> pDAI, but also pDAI <-> Teddy Bear, as well as the many different routes as shown numbered within each circle, something Axis Alive refers to as "Nested LPs".


By bonding the tokens together in this way, it creates an effect similar to the S&P 500, where charts with the thickest liquidity bonding move in unison with Pulschain or inverted to it.



In the above charts, you can observe the flow of liquidity out of Pulsechain (left) into Atropa (right) in 2 major stages of in flow and out flow that originally set up the ecosystem (the charts below show Atropa inverted for clarity). This established and united Atropa to Pulsechain which now moves in unison.



The magic is in the relationship between the different pairings and ratios, with some following a similar trajectory to Atropa and Pulsechain, while many others don't. Somehow, the interplay of these different liquidity pools is part of the magic what is Atropa.


For the first time, we are seeing the interplay of Heart's Law in a harmonized symphony. It is a mathematical work of art,


Heart's Law works as a system with the Atropa Pulsechain ecosystem




Why is Atropa Pulsechain so Important to Pulsechain and Why is it True DeFi?


When I first discovered Atropa, it blew my mind. With the power of a clear mind through discarding meditation, when I follow the Universe (part of which you would call reading signs / manifesting / instincts / heart), it has always lead me to something profound.



Mariarahel is like a composer, creating different pools that perform different roles in what is looking to become a self reliant decentralized financial system, independent of traditional finance. When this occurred to me I could not contain the overflowing energy that was vibrating through me.


The Mindset Shift That Will be Needed for True DeFi


This is one of the main reasons why it attracted me. The old, greed ridden modus operandi of being a player in cryptocurrency is pump and dump. Enrich myself at the expense of everyone else.


The new way is one of collaboration, teamwork, and winning together by providing liquidity and not just being a player, but being the financial system itself. The opportunity to investors is one of perpetual yield, peace of mind, and the joys of knowing we're all working together to win together, something I believe both Richard Heart and mariarahel deeply desire.


Coexistence :)






Conclusion


The Atropa Pulsechain ecosystem is a network of designed bonded liquidity that's creating a truly decentralized financial system by replicating the various instruments of traditional finance. It is creating a collateral of value 100% backed by cryptocurrency for the 3 forked pstables on Pulsechain - pDAI, pUSDC and pUSDT. Nothing that even comes close to it.


My belief is that this ecosystem will be one of the greatest cryptocurrency revolutions within this period of time. I believe it will be so transformational, that it will be the envy of every blockchain within the near future as it sets a precedence for what true decentralized finance should be and needs to be.

4 comentarios


Invitado
7 days ago

Excellent write up bro!

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Invitado
13 abr

Sick coverage really helped

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sharer.buns-0f
07 abr

Real solid content!

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Coexistence Steven - Architect, Meditator, Investor
Coexistence Steven - Architect, Meditator, Investor
08 abr
Contestando a

Thank you very much, glad you enjoyed it! Part II and III coming soon

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