Richard Heart’s DEX, PulseX, has a bug where LP doesn’t earn fees.
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So Richard Heart, scammer founder of HEX and PulseChain, recently launch a Uniswap fork called PulseX. As it turns out, it has a bug in the code and LP providers don't earn any fees. Basically, they take on all the risk and have 0 upside. The only possibility for them is loss. In fact, the code was written by a developer who has almost 0 coding experience- he simply just asks ChatGPT questions. HEX is crashing as a result, but supporters and advising one another to "buy the dip" and "ignore the FUD." This comes days after arbitrage bots acquiring in millions of dollars on PulseX due to different prices on different chains and effectively taking money from the users. I know I shouldn't be surprised, but I'm frequently shocked at how delusional some people in the crypto world are. HEX supporters are still unironically calling Richard Heart the smartest man in crypto. I'm shocked the bear market hasn't killed off this project yet, but I suppose some just want to keep their delusion going. submitted by /u/002_timmy |
