What is $PCULE? (@polycule_bot) Polycule is a Telegram bot, with the ticker $PCULE, launched on the @Believeapp by @top_jeet_, designed to simplify trading on Polymarket’s prediction platform. Why Polycule? Right now, Polymarket trading is not globally accessible. Also not in the US. Therefore, polycule was created. It allows everyone in the world with access to Telegram to trade on the Polymarket platform directly from their mobile device. Desktop is not required. How does the bot work? Wallet management Currently, all transactions happen on-chain through the Polygon Network. When starting up the bot on Telegram, you will be provided with a Polygon wallet address. You can send POL to this wallet and bridge it into Polycule. After you’ve done this, you are all set to bet on Polymarket. Market browsing The bot offers various options to bet on, including Politics, Trump, Crypto, Sports, Elections, Geopolitics, Breaking News, Business and Pop Culture OR you can filter on New trending prediction markets. Selecting any of them, opens up a new message, showing the top 10 Trending markets for that specific category. You can select any of them at the bottom and either Buy, view the graph or refresh the market. However, you can also just paste a Polymarket URL in the chat. 🔹Selecting buy opens up that specific market in the bot. It gives you the current prices for either Yes or No and you can either market- or limit buy them. NExt step is filling in the USD amount you want to use. 🔹Selecting Graph will trigger the bot to send you a graph of that market. Here you can see the price history. Social trading However, the bot is not only for personal use, you can add it to any group chat on Telegram. Here it can broadcast trades made by group members. In this way, you can see what your friend and family betted on and start discussing the ins and outs. Token Utility So you may ask, what is the PCULE token utility? The utility of the token is designed to provide additional benefits to Polycule users through a graduated fee structure ; Hold more $PCULE, lower your trading fees. Below you can see the Fee Tier Structure. In order to be eligible for this structure, you need to hold PCULE in your Polycule wallet. It will automatically detect the amount of $PCULE and give you the connected fee. You can see in the Fee Tier Structure that holding no $PCULE will give you approximately a fee of 0.05%, while holding over 5M $PCULE, will give you a fee of 0.01%, which results in 5x less fees. If you only want to trade occasionally, the fee structure does not really matter. However, if you trade often and with big sizes, it will make a difference. Buyback & Burn Mechanism Now, what happens with the fees they collect? First of all, 30% of all trading fees will be used to buy back $PCULE from the open market. This action will be triggered when accumulated fees reach $10K USD (so, that will be $3K USD). These tokens will be burned on-chain, removing them from the total circulating supply. In turn, this results in a deflationary mechanism where less and less $PCULE will be available on the open market. All in all, the higher the trading activity, the more token burns. Roadmap Right now, the Polycule team has put several future plans into their whitepaper. These include : 🔹Enhanced Social Trading : Leaderboard, performance analytics, copy trading, referral links 🔹Bridging from Solana and other chains 🔹UI + Performance Improvements : User interface, entry/PnL images, better charts and searching functionality, response time and execution speed 🔹Advanced Trading features : stop-loss and take-profit orders, parlays, limit orders, news alerts, perps and customized automated trading strategies 🔹Multi-platform Expansion : Other platforms than TG Socials Ticker : $PCULE CA : J27UYHX5oeaG1YbUGQc8BmJySXDjNWChdGB2Pi2TMDAq X : @polycule_bot X-Founder : @top_jeet_ Website : Telegram bot :