Deep Dive
1. Layered Staking Integration (20 July 2025)
Overview: PulseX V2 now enables liquidity providers to earn fees, farm $IRS tokens, and hold $INC rewards simultaneously while retaining custody of LP tokens.
This upgrade introduces a proof-of-ownership staking model where users stake LP positions without transferring assets. The system automatically allocates 0.22% of swap fees to LPs, while layered incentives compound through $IRS (reward token) and $INC (holder token).
What this means: This is bullish for PLSX because it strengthens liquidity retention by offering triple yield streams, potentially increasing protocol usage and swap volume. (Source)
2. Token Logo Submissions (20 July 2025)
Overview: PulseX added official support for $PSM, $BLTZ, $HEXA, and $IRS tokens, standardizing their display across the platform.
The update simplifies trading and liquidity provision for these assets by ensuring visual consistency and trust. It follows Pulseium’s ecosystem expansion, which now includes tax-efficient farming and auto-burn mechanics.
What this means: This is neutral for PLSX as it primarily improves UX for existing users rather than introducing new economic incentives, though it signals ongoing ecosystem growth. (Source)
3. Deflationary Mechanics Boost (21 August 2025)
Overview: Over 700M PLSX were distributed to BLTZ holders and LPs, accelerating PLSX’s deflation via swap-based burns.
Every BLTZ swap burns both BLTZ and PLSX supplies, creating a symbiotic deflationary loop. The 26% PLSX price drop over the past week suggests heavy sell pressure from recipients, offsetting reduced supply.
What this means: This is bearish near-term due to dilution risks but bullish long-term if burned supply outpaces distributions. Monitor the burn rate versus token unlocks.
Conclusion
PulseX is prioritizing liquidity incentives and deflationary tokenomics, though recent distributions may strain short-term price action. Will layered staking’s yield appeal outweigh sell-side pressure from reward unlocks?