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PulseX’s Deflationary Mechanism

PulseX, the decentralized exchange (DEX) on PulseChain, incorporates a deflationary mechanism known as the Buy & Burn. This process utilizes a portion of the trading fees to purchase PLSX tokens from the open market and subsequently burns them, effectively reducing the circulating supply over time.

This mechanism not only decreases the total supply of PLSX but also introduces consistent buy pressure, potentially enhancing the token’s value as the ecosystem grows.

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🔍 How the Buy & Burn Works

Fee Allocation

PulseX charges a 0.29% fee on every swap.

76% is distributed to liquidity providers.

21% is allocated for buying and burning PLSX tokens.

3% is directed to a specific address with no expectations.

Execution

The Buy & Burn function can be triggered by anyone through the PulseX interface. Users who execute this function may receive a small bounty as an incentive.

Impact

By continuously reducing the supply of PLSX, this mechanism aims to create a deflationary environment, potentially benefiting long-term holders.

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📊 PLSX Tokenomics

Total Supply

Approximately 143.09 trillion PLSX tokens were minted at launch.

No Inflation

PLSX has a fixed supply with no additional minting, ensuring that the total supply only decreases over time due to the Buy & Burn mechanism.

Monitoring PLSX Burns

For real-time data on PLSX burns and other network statistics, you can refer to platforms like GoPulse, PulseCoinList the PulseX interface.