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by Nate Urbas

Crypto Trader, Bitcoin Miner, Holder. 🚀🌑

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WhalesCandyPLS.com

whalescandypls.com

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Site Rank: 879

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text:

Whitepaper
This page will contain information about the whales candy white paper.
Introduction
WhalesCandy is a PRC20 token on Pulsechain and is inspired by hex, wise token, strong block, and drip network. The whales candy team has studied the tokenomics of each of these tokens and combines the best aspects of each individual token into one PRC20 token. The goal of the whales candy team is to create a project on pulsechain that has sustainability and tokenomics that can lead to the increase of value of the whales candy digital asset. What makes whales candy unique & different from its competitors is our tokenomics, which we will list down below.
Auction Lobby
The auction lobby is a feature that was inspired by hex and wise token. The auction lobby is a feature of the whales candy token that allows users to obtain wc tokens at better rates compared to the open market value. This incentivizes users to participate in the auction lobby frequently and in return increases the over liquidity and value of the wc tokens over time. To prevent too much inflation and to reward those with delayed gratification, each auction lobby entry is immediately staked and is subjected to the staking rules (please read the staking details down below). To learn more about how the auction lobby works, please read this section of our doc:  
Staking Details
WhalesCandy is one of the only tokens in DeFi that is successfully able to combine inflationary & deflationary tokenomics. When a user creates a stake the initial token amount is essentially removed from circulation (in other terms burned). The user will begin to receive 1% a day for 200 days on the initial token deposited. In 100 days you would have received 100% or your initial token deposit and once you receive your initial token deposit the rest could be viewed as a bonus. The idea behind this staking model is to lock up as much of the token supply as possible and attempt to raise the value of the tokens through creating scarcity of the circulating supply. In theory, if the value of the tokens appreciate over time, you may ROI in PLS value before the 100 days is up. 
Maintenance Fees
There is a 2 USDC fee that is charged to users for every stake they have. This fee is charged every week and accumulates as well. For example, when you begin a stake and try to claim your daily dividends, the contract will initially ask you for 2 USDC for your first claim. If you pay the fee upon claiming you will be able to claim for 0 USDC until a new week arrives. If you do not claim and a new week arrives your fee will be 4 USDC. A user cannot claim until the fee is paid. The USDC is not paid to the developers, but instead used to buy back and burn whales candy tokens from the PulseX dex. These buy back and burns will have a positive impact on the tokens value. This function of the smart contract ensures that there is no inflation in the system without value being added back and the amount of usdc that the contract collects can be visible on the main whales candy website. The buy back and burn function can be triggered by anyone and any time.
Daily LP Buyback and Burn
On top of the maintenance fees increasing the value of the whales candy tokens, there is a daily buy back and burn that directly has a positive impact on the value of the wc tokens. The whales candy token smart contract controls the entire liquidity pool of the whales candy token. There is no function to retreave the lp tokens, which means the token smart contract essentially serves as a liquidity locker. The token smart contract has a function that allows it to burn portions of the liquidity and create a buy back order. The way it works is like this, the dev team sets a buy back and burn percentage and this percentage will typically range from 1% to 10%. After the dev team tells the contract how much to buy back and burn, at the end of each auction lobby day the contract will remove some whales candy tokens and some pulsechain coins from the liquidity it holds. It will then burn the whales candy tokens > use the pulsechain coins to create a new buy order (which will increase the value of the coins) > and burn the whales candy tokens it bought with the pls. If the liquidity held a $1,00,000 and the buy back percentage was set to 4%, the contract would remove $40,000 worth of wc and $40,000 worth of pls. It would burn the $40,000 worth of wc > use $40,000 worth of pls to create a buy order > and then burn the wc tokens it just gained from the buy order. This happens daily and has a direct positive impact on the value of the tokens.
Referral System
The whales candy smart contract has a referral system that incentivizes users to spread the word about our project. The referral reward is 5% of the total amount of token that is being claimed from the auction lobby. When an auction day ends the contract will ask a user to enter a referral code. You can enter the referral code of your friend, family, or favorite content creator.  The person who is receiving the referral reward must wait until the next auction lobby day to claim the referral reward For example, if a user receives a referral reward from day 10, they must wait until day 11 to claim the reward. Users can claim the referral reward by clicking the "Check Referral Earnings" on the website. Once the referral reward is claimed it will create a stake that is not subjected to the weekly maintenance fees, as the referral reward itself most likely wont be big enough to warrant it. 
No Middlemen 100% Smart Contract Operated
We echo the values of hex, specifically the notion of having no middle men in the ecosystem. The whales candy platform runs 100% on smart contracts and publicly callable functions. This means that even if the dev team went missing or even die the platform would still be operating. There are some functions in the smart contract that can only be called by the dev team, but these functions are not functions that could negatively impact the project. These functions include starting the auction lobby and pausing the auction lobby. If made as a public function anyone could pause or start the auction lobby (which would mess up the system). The dev team cannot black list wallets, mint infinite amounts of tokens, remove liquidity, take away your tokens, are perform any high risk actions.  When you begin mining whales candy tokens you will get the rewards the contract is programmed to give you and no one can stop this. 
Buy & Sell Tax
There is no sell tax on the wc token. This means you can collect dividends at any time and sell with no taxes. WC tokens can be sold directly on PulseX. There is a 15% buy tax on PulseX and the reason why this tax exist is to prevent bots from draining liquidity, to incentivize users to either enter the auction lobby or buy through the discounted buy and stake function. Both method of acquiring tokens have no taxation, but will lead to the tokens that are purchased being immediately staked. This will lead to majority of the token supply being locked up and rewarding those who have delayed gratification.
Dev Fee & Dev Team Support
WhalesCandy is one of the only tokens that has a dev fee that does not impact the overall token balance of the holders. Typically when tokens incorporate dev fees they do so at the expense of the purchaser. Typically dev fees are taken in the form of transaction taxes that the end user pays for. When a user enters the auction lobby or buy whales candy through the discounted buy and stake function of the contract the team receives 30% of the pulsechain coins used to perform those actions. The end user receives 100% of the USD or PLS value they paid for the wc tokens and gets 0 tokens taken away from them.
WhalesCandy is a fair launch project with the dev team not having any ico or presale to fund the operation. The dev fee is used as overall compensation for the development of the project as well as valuable resources to improve the project. The dev team plans on fully supporting the whales candy pls token with the dev fee by attempting to use other pulse chain ecosystem projects to generate yield and bring back to the whales candy ecosystem. Initially we will be looking to gain yield from pulseX farming and setting up a pulsechain validator and collecting validator rewards which we can bring back to the wc ecosystem. Let it be known that this is just a secondary benefit to the wc ecosystem as whales candy is a completed product upon launch and the dev team wishes to support the project as much as possible but whales candy runs entirely independent of the efforts of the dev team.   
Frank Kulow (Developer)
This page will contain information on the developer of whalescandy.
Hey, my name is Frank Kulow, I am a senior Blockchain Developer from Germany and the main developer of the WhalesCandy Token. I started about 5 years ago and wrote the smart contracts for numerous Yield Farms, Dexes, Vaults, Tokens and Utility Contracts of different projects like JungleSwap, SphereSwap, MoonRock, uniWswap, MoonBridge and many others. I truly believe in a big future for Blockchain and Crypto. My main interest, is to contribute to a save, trustworthy and sustainable future of the Blockchain.
In the video below Frank Kulow will explain to the whales candy community why a rug pull is impossible based on the smart contract code of the whales candy token.
LinkedIn: ​
Xing: ​
Portfolio  -  & ​
Auction Lobby Explained
This page will contain an explanation on how the whales candy auction lobby works.
The auction lobby is a feature of the whales candy token. Everyday the lobby will sell two million token shares and there are 2million tokens per day that's going to be distributed to all shareholders (which are the users who deposit PLS into the auction lobby). For example, if there are 100 pls deposit on one day and you deposited 1% (1pls) than you will get 1% of the 2 million token. The more pls that is deposited in a particular day (compared you your deposit) the less wc tokens per  pls the you will receive. However, the less pls in the auction lobby on a particular day (compared to your deposit) the more wc tokens you will receive. The lobby resets everyday and once a day is over and the pls that was deposited in the previous day will be added to the whales candy liquidity pool. The auction lobby is beneficial to users, because if a user sees that they can get a lot of wc tokens on a particular day then they will take advantage of that opportunity, however, this also may have a psychological effect that causes people to enter the auction lobby everyday causing a spike in liquidity and subsequently price action. 
Day 1 Of Launch (March 30th, 2023) - On March 3/28/2023 the first day of the whales candy auction lobby will begin. Once day two begins the contract will know the average price each user paid for tokens and deploy the wc tokens at a 10% higher price compared to what users paid for. This is only for day 1 auction lobby entries.
Side NOTE: Once day two begins users can purchase the wc tokens for the pancakeswap dex price through our website or participate in the auction lobby to receive wc tokens. The auction lobby is a way for users to scout to obtain wc for a better price if presented, however, if users just want to buy for a regular price they may also do so.
How to begin lobby day
This page will contain information on how to start a new auction lobby day once the previous day is over
Once the timer on the auction lobby hits zero a new day can begin. When a new day begins the smart contract takes the pls that was deposited into the lobby from the previous day and puts it into the pulseX liquidity pool. It also does a buy back and burn using its own liquidity pool. To begin one person must simply deposit any amount of pls into the new auction lobby day.
How To Get PulseChain Coins (PLS)
This page will contain information on how to get pulsechain coins for those who did not participate in the pulsechain sacrifice phase.
At the time of writing this (May 21, 2023) there are very limited ways to acquire pulsechain coins (specifically for those who did not sacrifice). You can buy wrapped pulsechain coins from UniswapV3 (link is down below) and there is currently a few centralized exchanges where you can buy mainnet pulsechain coins.  I tested out the exchanges myself and from my experience they both allowed me to deposit, buy pls and withdraw easily. The first exchange is OKX and the secong exchange is called SafeTrade. OKX is a more trust worthy and establishes exchange but is not available for United States users. SafeTrade is available for USA users and has pretty much no kyc.
My recommendation is for users to purchase wrapped pulsechain coins from UniswapV3 and transfer them to pulsechain mainnet using the pulsechain bridge. Once the WPLS is transferred to pulsechain mainnet, you can use PulseX dex to swap the WPLS for regular PLS. To get enough gas to cover the swap you can buy a small amount of pls from OKX or SafeTrade.
There are also anonymous swap services that will allow you to swap other coins for pulsechain coins. I was able to swap busd from the binance smart chain side for pls coins and the good thing is, there is no kyc required. There was a minimum deposit of 100 busd for the swap. I tested it out myself and it works perfectly fine. The two services I recommend is beetroom and houdiniswap and the links for both are down below.
Website keeps refreshing the page or data not loading
This page contains details about some issues regarding the whales candy website.
When the website keeps refreshing the page or data is not showing up properly on the site we recommend that you use a google chrome browser with a meta mask wallet. Using another browser and a different wallet may cause this issue to occur. Also, having multiple wallets open at the same time may cause this issue to occur, so we recommend closing any wallet connected to your device that is not meta mask when on the whales candy website. Once you do this we recommend doing a hard refresh by clicking cntrl and f5 at the same time. We recommend you continue doing this and waiting until the site data loads.
How to pay weekly maintenance fee
This page will explain how users can pay the weekly usdc maintenance fee.
The website will display how much usdc you have to pay for a participate stake. In order to pay the fee you have to have usdc in your wallet. Once you have usdc in your wallet you just need to claim the dividends from that stake to pay the fee. You can obtain usdc on pulsechain by either using PulseX to swap altcoins for usdc or bridge usdc from ethereum to pulsechain by using the pulsechain bridge. 
USDC Contract On Pulsechain: 0x15d38573d2feeb82e7ad5187ab8c1d52810b1f07
​​BSC WhalesCandy Plan
This page will contain information for the binance smartchain version of whales candy.
There will be three whales candy tokens that exist. BSC WC, The main pulsechain wc (which has its own auction lobby and is a separate token from the bsc wc in terms of price) and a wrapped version of the bsc wc that will live on the pulsechain network that does represent the bsc wc (in terms of price). A percentage of the fees earned from the main pls wc contract will go towards buying back and burning the wrapped wc that represents the bsc version. Users will be able to bridge wc from bsc to pulsechain and receive the wrapped wc that lives on pls and the idea is, if the value of the wrapped wc has more value due to the buy backs and burn there are arbitrage opportunities that can open up or you can just sell it on PulseX in general. The percentage that the bsc wrapped wc will receive is 10%. This included fees generated from PulseX yield farming, validator rewards, and the main pulsechain wc maintenance fees. 
The bridge will not be available right away, as there currently is no bsc to pulsechain bridge. The dev team is skilled in making bridges, but it will take roughly 30 days after the main pulsechain contract is live for the bridge to be available. Also, the support that the main pulsechain contract will provide to the bsc contract is not a life long gurantee. It will be guranteed for atleast 365 days or until the pulsechain main contract has provided adequate support to value of the wbsc wc token. Adequate support refers to a valuation of double the bsc main contract all time high. The bsc main wc all time high was roughly 8cents, so if the pulsechain main contract provides enough support the the wbsc token to where it brings it to a 16cent valuation, at that point we would consider re-evaluating if the bsc main contract should maintain receiving support from the pls main contract. 

Commonly Asked Questions
Q: Will the stakes from the binance smart chain whales candy be migrated over to pulsechain ? 
A: No, the main binance smart chain whales candy and the main pulsechain whales candy contract are not correlated and that includes not being correlated in price. Therfore you won't be transferred the stakes you have from the main bsc contract to the main pulsechain contract.
Q: Will I be able to stake the wrapped bsc wc token on pulsechain ? 
A: No, the wrapped wc token that represents the main bsc token does not have auction lobby or staking functions on pulsechain. It is simply a token that will share a portion of the revenue generated from the main pulsechain contract. If the value of the wrapped bsc wc token on pulsechain is higher than the main wc token contract on bsc than users could take advantage of that value difference by bridging over tokens from bsc to pulsechain.

ETA For The Bridge 7/1/2023