Credit to: Armin Hamidian
As the Ethereum ecosystem will be copied over to Pulsechain, PulseX will be the fork of Uniswap. It is intended to be the main DEX of the Pulsechain ecosystem. For reference, PancakeSwap is also a fork of Uniswap and achieved this analogous function on Binance Smart Chain.
DEXs like SushiSwap and Uniswap have their own governance tokens — SUSHI and UNI, respectively — which grant voting rights to holders. PLSX will be PulseX’s token, and people who sacrificed get a number of “points” based on the size and timing of their contribution. These points correspond to a quantity of PLSX to be airdropped to their wallets once the exchange launches.
Likewise, PLS — Pulsechain’s native cryptocurrency — will be airdropped to those who sacrificed for that project. The price of PLSX and PLS will start at $0 and subsequent price targets are anybody’s guess. Dive into the world of PulseX, a cutting-edge project built on the PulseChain blockchain.
It offers cheaper swaps than Uniswap, a lucrative yield farming program with the reward token INC, and robust mechanisms to protect the value of the PLSX token. With a commitment to censorship-resistant trading and no blacklists, PulseX aims to revolutionize the DEX space and emerge as the leading decentralized exchange on the PulseChain network.
PulseX operates as a censorship-resistant decentralized exchange (DEX) that functions as a fork of Uniswap on the PulseChain blockchain. This unique positioning allows PulseX to offer significantly lower transaction fees compared to Uniswap, attracting users seeking cost-effective swaps in the DeFi space.
One key feature of PulseX is its ability to provide liquidity for various tokens such as HEX, PLS, and PLSX. By supporting a wide range of assets, PulseX enhances its utility within the ecosystem, catering to diverse investor needs and preferences.
Additionally, PulseX implements mechanisms that safeguard the value of its native token PLSX through fees generated by transactions on the exchange. These fees can be utilized for token buybacks and burning activities, ensuring a deflationary pressure on PLSX over time.
Source: https://www.pulsexpremium.com/
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