The most liquid exchange on PulseChain PulseX is PulseChain’s exchange
PulseX enables you to exchange tokens (“PRC20s”) on PulseChain for one another. For example you could swap PulseChain’s native token PLS for PulseX’s token PLSX. It works like Uniswap on Ethereum. Bridges also let people trade currencies from other chains on PulseX.
The world’s largest yield farm
Every time people swap from one coin to another on PulseX liquidity providers earn fees as a reward. Users can bridge in their free ERC20s and pair them with free PRC20s in order to provide liquidity and earn fees. This also backs the value of the PRC20s that they got for free.
The second PulseX incentive token
In order to enhance PulseX’s success another token will exist to further incentivize liquidity providers beyond the fees they’re already making. When they become liquidity providers, they will receive LP tokens that they can deposit into a yield farm. This not yet named token is emitted with decreasing inflation over time. A DAO chooses which trading pairs receive this incentive and at what rates. Only addresses with PLSX balances get to vote in the DAO.
PulseX is a Uniswap fork with PLSX Liquidity Provider incentivization. Its goal is to provide PulseChain users with the best possible trading experience & yield farm with a strong focus on incentivising ERC20 holders to bridge in and back the value of their free PRC20s.