Coast “Sell” Feature Simplifies CST Liquidation

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Coast is excited to announce the launch of its highly anticipated “sell” feature, designed to provide users with a seamless and efficient way to liquidate CST tokens on PulseChain. This new offering expands the platform’s functionality, furthering its commitment to empowering users with intuitive tools for navigating the decentralized ecosystem.

How the “Sell” Feature Works

The “sell” feature, now live on Coast, enables users to exchange CST for other tokens on PulseChain with minimal friction. Importantly, this is not a conventional sell function but a carefully designed two-step process:

  1. DEX Trade: The “sell” feature initiates a decentralized exchange (DEX) trade using a robust integration with PITEAS, a PulseChain-native DEX aggregator. This ensures that users get the best available rates for their trades by routing through optimal liquidity pools.
  2. Burn of CST: Following the DEX trade, the corresponding amount of CST tokens are burned, completing the liquidation process. This mechanism not only supports the integrity of the CST tokenomics but also reinforces Coast’s commitment to transparency and efficiency.

To start using the “sell” feature, visit Coast’s “Sell” Page.

It’s crucial to note that Coast does not provide the price feeds, settlement, or liquidity for the “sell” function. These elements are entirely facilitated by the decentralized protocols integrated into PulseChain, ensuring that users interact directly with the blockchain’s decentralized infrastructure.

Empowering Users with Decentralized Solutions

Coast’s mission has always been to create innovative tools that leverage the unique benefits of decentralization. The “sell” feature epitomizes this ethos by relying on PulseChain’s decentralized architecture for trading and liquidity, while Coast’s platform simplifies the user experience.

“By introducing the ‘sell’ feature, we’re eliminating unnecessary barriers to CST liquidity and empowering our users to make the most of their assets,” said Resolute0x. “This is another step toward building a fully decentralized and user-friendly ecosystem.”

Transparency and Control

In line with its core principles, Coast emphasizes that the “sell” feature does not entail Coast’s involvement in price discovery, liquidity provision, or transaction settlement. These aspects are governed by the open and decentralized protocols that power PulseChain, ensuring users maintain full control over their assets and interactions.

Why This Matters

The introduction of the “sell” feature is a significant milestone for Coast and its users. By streamlining the CST liquidation process, Coast not only enhances the token’s utility but also strengthens its alignment with the broader goals of the PulseChain ecosystem. This feature represents a step forward in decentralized finance (DeFi), where users can interact with blockchain-based tools that prioritize accessibility, efficiency, and control.

Getting Started with the “Sell” Feature

To use the “sell” feature, users can simply log into their Coast account, navigate to the “sell” option, and follow the intuitive step-by-step instructions. With Coast’s commitment to clear and transparent processes, users can confidently take advantage of this new functionality.

Looking Ahead: Introducing Tide

The launch of the “sell” feature is just the beginning of Coast’s vision for creating a thriving ecosystem on PulseChain. On the horizon is the introduction of Tide, an upcoming Balancer V3 fork designed specifically for PulseChain. Tide will offer innovative liquidity solutions, paving the way for even more efficient and flexible trading opportunities. Details about Tide will be shared in an upcoming product announcement. To learn more, visit Tide’s Official Website.

Commitment to Community and Growth

The Coast team remains dedicated to supporting the PulseChain community with cutting-edge tools and features that enhance user experiences and contribute to the ecosystem’s growth. The “sell” feature exemplifies this dedication and sets the stage for future innovations, including Tide and other forthcoming projects.

To explore more of Coast’s offerings, visit the Coast Home Page, learn about our buy feature, or check out our AML policy for details on how we prioritize user safety.

Final Thoughts

As the PulseChain ecosystem continues to evolve, Coast stands at the forefront, delivering meaningful solutions that empower users and drive adoption. The “sell” feature is a testament to this commitment, marking another milestone in Coast’s journey to redefine the way users interact with decentralized finance.

Stay tuned for more updates and announcements as Coast continues to innovate and expand its offerings. For further details about the “sell” feature and upcoming Tide launch, visit Coast’s official website.

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