Why we chose TIME & why we recommend Internet Money Wallet
At Shiburnit Club, every swap we make to acquire Rewards Pool tokens is a chance to support a native PulseChain project and share value with our community.
We could save the fees by swapping directly on any decentralized exchange on PulseChain, but we choose to use Internet Money Wallet because it is a native PulseChain project — and our members benefit.
We also want to be completely transparent: while we hope our members will support Internet Money Wallet for their swaps, you can save additional PLS by using Piteas.io for swaps. Most likely you’ll get a few more tokens and avoid paying the 0.729% wallet fee. That said, Internet Money Wallet can still be used even when connecting to a PulseChain DEX to conduct swaps — meaning you can combine the convenience of your preferred DEX with the added benefit of supporting the TIME dividend system.
We like the concept of members supporting each other within the community while still taking care of business. Using Internet Money Wallet ensures that part of your swap fee is shared with all TIME holders — including you, if you hold TIME — turning normal swap activity into ongoing PLS rewards.
Here’s how the TIME dividend system works: Internet Money Wallet charges a 0.729% fee for swaps. That fee is collected and distributed to all TIME holders on that chain in the form of the chain’s native coin (e.g., PLS on PulseChain).
When we make a swap, part of that fee comes back to us through our TIME holdings, while the rest goes to other TIME holders.
When others make swaps, we get our share of their fees — and that’s where holding TIME long-term becomes powerful.
Important: We will perform all of our swaps before we airdrop TIME to members. This means that on the next Rewards Pool cycle, those who hold onto their earned TIME will benefit from future swaps we make here at Shiburnit Club, in addition to any PLS generated from community-wide swap activity.
Our members are free to do whatever they choose with the TIME tokens they hold — sell them, trade them, or move them elsewhere — but we recommend accumulating. Dividends are proportional to the amount of TIME tokens held in Internet Money Wallet, meaning the more TIME you hold, the larger your share of PLS rewards over time.
TIME fits perfectly into our strategy because:
It pays in PLS — the core native token of PulseChain and a key asset in our ecosystem.
It’s passive — simply holding TIME generates rewards without staking, locking, or extra steps.
It multiplies benefits — our regular swap activity (to secure Rewards Pool tokens) also boosts our PLS holdings, creating another income stream.
It’s trustless and immutable — there are no admin keys, meaning it operates exactly as coded without anyone being able to change the rules.
When our members use Internet Money Wallet for their own swaps, they’re tapping into the same advantage — collecting PLS dividends while participating in the community’s growth. This turns an everyday action (making a swap) into an additional source of rewards.