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PulseX is a DEX that enables users to trade tokens directly on the PulseChain blockchain. The platform leverages an Automated Market Maker (AMM) system, allowing users to exchange cryptocurrencies without the need for traditional intermediaries. This innovative approach utilizes liquidity pools created by users who provide their assets in exchange for transaction fees generated by trading activities on the platform.
The native token of PulseX is $PLSX. This token plays a crucial role within the ecosystem, serving multiple functions that enhance both platform operations and user engagement. The governance aspect of $PLSX enables holders to influence decisions regarding platform updates and modifications, while other functionalities include liquidity provision and participation in incentivized programs.