PulseMafia
  • Overview
    • PulseMafia Intro
    • How does it work?
    • What's the MAFIA Token?
    • Who's the team?
    • What's the "Node Operator Fee?"
    • PulseMafia FAQ
      • What is a Pulsechain Validator?
      • Is this like mining Bitcoin or Ethereum?
      • Can anyone become a Validator?
      • Why create a pool?
      • What can we expect in terms of Validator uptime?
      • Can you mint an Unlimited amount of MAFIA?
      • What determines the price of MAFIA Token?
      • What happens if I lose or someone steals my MAFIA token?
      • Where can I see the current APR to run a Pulsechain Validator?
      • The Validator APR keeps dropping. Is that bad?
      • What other measures are you taking to ensure maximum uptime for the Validators?
      • Will we be able to follow along to see how validators are doing?
      • What is Slashing, and how will you prevent it?
      • When does MAFIA get minted?
      • What's the difference between the Pool Wallet and Validator Wallet?
      • What if I want my PLS back before the pool ends?
      • Will there be more pools launched in the future?
      • What if I want to create my own private pool?
      • Is this decentralized?
      • What computer setup are you using?
      • I want to participate but no idea how to buy PLS. Can you help
      • Can I ask other questions?
Powered by GitBook
On this page
  1. Overview
  2. PulseMafia FAQ

What determines the price of MAFIA Token?

Firstly, it's important to note that MAFIA will have two prices:

  1. Redemption Price

  2. Market Price

Redemption Price:

The Redemption value is determined by how much PLS is raised in the pool relative to the total supply of MAFIA. The calculation is: (Staked PLS + Rewards) / Total MAFIA Supply

As new participants enter the PulseMafia pool, the MAFIA they'll receive will be determined by the Redemption Value price. On August 15, 2024 (Exit Date), holders of the MAFIA token will be able to use their MAFIA to receive their pro-rated share of the PLS rewards from the Validators.

Market Price:

There might be a secondary market of MAFIA on Pulsex. The price is determined by the open market, and PulseMafia has no influence over this secondary market. It's important to note that the market price may be valued at either a premium or discount relative to the Redemption price.

PreviousCan you mint an Unlimited amount of MAFIA?NextWhat happens if I lose or someone steals my MAFIA token?

Last updated 1 year ago