$OPHIR is now listed on The Pulse Wallet

The Pulse Wallet
4 min readAug 18, 2023

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Crafted as a decentralized endowment token, the OPHIR Cryptocurrency is strategically engineered to unleash prosperity, nurturing a culture of benevolence. Its mission is to provide essential support and resources to grassroots churches, as well as to champions of the underprivileged, both within the Philippines and on a global scale.

The $OPHIR token is listed and available for trading in The Pulse Wallet from August 17th, 2023. Let’s take a look at the Ophir project and how to acquire $OPHIR tokens in The Pulse Wallet.

What is OPHIR?

Drawing inspiration from the ancient land that supplied Solomon with the purest gold for the construction of the Lord’s temple, the Ophir Cryptocurrency emerges as a decentralized token, leveraging the pioneering endowment smart contract within the blockchain realm. This innovative creation has come to fruition through a collaboration with GMAFEC (General Mariano Fellowship Of Evangelical Churches), a collective of over 100 churches dedicated to uplifting some of the most underprivileged communities in the Philippines. The central aim is to generously distribute tokens as a gracious offering to numerous grassroots churches across the Philippines and beyond. This empowering gesture equips these churches with the Ophir Token’s intrinsic value and the supportive community it fosters, enabling them to access the world’s abundance effectively.

Ophir Utility Features

Endowment

The Ophir Cryptocurrency introduces a groundbreaking concept through the utilization of the inaugural endowment smart contract on the blockchain. Within this framework, both beneficiary churches and individuals opting to stake their OPHIR tokens stand to enhance their holdings by earning staking rewards denominated in OPHIR Tokens. These accumulated rewards can be collected or withdrawn at their discretion, without incurring any penalties, as long as their initial staked amount remains secured.

When an individual “stakes” their OPHIR crypto by locking it within the endowment contract, they open the door to earning predetermined rewards that are ingrained within the contract’s programming. The absence of administrative keys ensures that this arrangement remains unalterable, operating in strict accordance with the predefined yield curve. This process is entirely impervious to external influence, establishing an environment of trust and transparency.

The foundational interest rate rests at 5% annually, with the potential to ascend to an impressive peak average of 85.5% per year, a pinnacle achievable by maintaining the staking commitment for the maximum 22-year period.

Education, Coaching, & Mentoring

Participants who hold and stake the OPHIR cryptocurrency will gain privileged access to a comprehensive array of educational materials facilitated by the token’s principal beneficiary, GMAFEC, alongside various community-led initiatives. These initiatives are carefully designed to unlock abundance and kindle a spirit of generosity through transformative education, personalized guidance, and mentorship.

The curriculum encompasses an array of topics, spanning from cryptocurrency insights to fostering financial literacy and navigating the realm of exponential technologies. Notably, a significant focus will be dedicated to combating prevalent issues like scams, cyber-attacks, social media account breaches, and fraud that have been affecting Filipinos. All content will be firmly rooted in biblical principles, exploring themes of wealth, generosity, stewardship, and other pertinent subjects.

Tithes, Offerings, & Donations

OPHIR presents an avenue for making contributions to beneficiary churches, equipped with the necessary guidance to adeptly manage OPHIR as tithes, offerings, and donations sourced globally. This innovative approach empowers even the most remote and underserved churches to connect with a new wave of donors, effectively dismantling geographical barriers.

Key Security & Decentralized Features

The OPHIR Token smart contract has been designed to empower you to reach your goals and unlock generosity worldwide.

Immutable: The OPHIR Token contract cannot be changed by anyone. There are no admin keys. It’s just you and the contract.

Interest Scraping: Users can choose to scrape earned interest at any time without penalty.

Trustless Yield: Earn interest/yields with no counterparty risk.

Deflationary: The OPHIR Token supply is fixed at 100T tokens and only deflates as penalties accrue.

Security Audit: The OPHIR Token has been audited by Certik

Tokenomics

How to acquire $OPHIR in The Pulse Wallet

Through “Exchange” feature

The Pulse Wallet has integrated PulseX into its Exchange feature for seamless and convenient experience. Users can easily swap other tokens in their The Pulse Wallet account for $OPHIR with the exact swap fee at 0.29%.

Through GoPulseX dApp

The Pulse Wallet allows users to connect and use a wide range of dApps within the PulseChain ecosystem, and one of them is GoPulseX. By just accessing GoPulseX via the dApps tab in the app, users can swap other assets for $OPHIR with ease.

Specially, when users process transactions via GoPulseX, all commission fees that The Pulse Wallet receive will be redistributed back to them, as The Pulse Wallet “Fee Rebate Program” is currently running and GoPulseX is in the supported list.

For the users who don’t have any tokens on PulseChain

This method is helpful for the users who want to acquire $OPHIR on PulseChain while having their assets on Ethereum.

First, users have to swap their assets for WPLS on Ethereum, bridge WPLS from there to PulseChain and receive PLS on The Pulse Wallet account. When it’s done, users can just use either of the 2 methods above to swap $PLS to $OPHIR.

Hope this information will be useful to you!

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