PLSX (PulseX Token)
Why we chose PLSX & how it fits our strategy
PLSX is one of the core tokens of the PulseChain ecosystem and serves as the native token of the PulseX decentralized exchange (DEX). It has a built-in buy-and-burn mechanism that reduces circulating supply over time, creating scarcity.
As you know, our focus is on accumulation and removing circulating supply from PulseChain. PLSX aligns perfectly with that mission for several reasons:
Deflationary by design — every swap on PulseX contributes to buying and burning PLSX, reducing supply and potentially increasing scarcity over time.
Collateral utility — PLSX can be used within the EARN lending protocol as collateral locked in a vault to mint PXDC, a decentralized stablecoin, without selling the asset.
Liquidity without selling — by locking PLSX into an EARN collateral vault with a high Collateral Ratio (CR), we can access liquidity without selling, allowing the asset to continue appreciating while we keep “dry powder” ready for market dips.
Rewards Pool growth — as the value of PLSX rises, we can mint more PXDC to increase the size of the Rewards Pool, further fueling community rewards. If the value decreases and our high CR begins to slip, we mint additional PXDC to buy more tokens at lower prices and place them back into the collateral vault. When value recovers, we can once again mint stablecoins to buy additional Rewards Pool tokens.
Strategic liquidity adds — the only reason we may remove a portion from the collateral vault is to add liquidity to the PLSX liquidity pool, which supports trading depth and price stability.
As always, members are free to do what they want with their PLSX earnings. However, we suggest accumulating until you have enough to open your own high-CR collateral vault. This way, you can access liquidity without selling and allow your holdings to grow, rather than dumping tokens back into the LP — which does not benefit the community or PLSX’s value.
PLSX Token Overview
What is PLSX?
PLSX is the native token of PulseX, the largest DEX on PulseChain. Users provide liquidity and swap tokens through PulseX, and the platform’s fee structure funds its buy-and-burn system.
How PLSX Works
1) Buy-and-Burn Mechanism
A small portion of swap volume is used to buy PLSX from the market, which is then burned — permanently removing it from circulation. This is an automated, ongoing process.
2) Collateral Utility
PLSX can be locked as collateral in the EARN lending protocol, enabling the minting of PXDC stablecoins without selling the asset.
Key Facts (at a glance)
Core Role: Native token of PulseX, a PulseChain DEX.
Deflationary Model: Built-in buy-and-burn system to reduce supply.
Collateral Use: Can be locked in EARN protocol vaults to mint PXDC.
Strategic Value: Supports our mission of removing circulating supply from PulseChain.
Supply & Burn Data
| Metric | Value / Estimate |
|---|---|
| Total Supply | ~143.09 trillion PLSX (CoinMarketCap) |
| Burned (reported) | ~6.17 billion PLSX (public burn tracker) |
| Burned (estimated) | ~84 billion PLSX (including deflation bug burn event) |
Figures vary by source; the higher estimate includes a one-time chain-wide burn event caused by a deflation bug.
Why it benefits Shiburnit Club members
By accumulating PLSX and optionally locking it in a collateral vault:
You maintain ownership while potentially benefiting from long-term scarcity and price appreciation.
You can mint PXDC stablecoins without selling, giving you liquidity for opportunities or emergencies.
You help reduce circulating supply and strengthen PLSX’s position in the PulseChain ecosystem.
When combined with our Rewards Pool strategy, PLSX becomes a powerful tool for community growth, sustainable liquidity, and long-term value preservation.
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