Utility
$PLX Utilities
Trading Credits: $PLX serves as a currency for traders to use on the trading platform.
Exclusive Access: Some assets and trading conditions may require $PLX for exclusive entry, enhancing its demand.
Staking: Traders have the option to stake their $PLX, earning rewards or bonuses in return.
Rewards: $PLX becomes a primary vehicle for distributing rewards, cashbacks, and promotional offers.
Exchangeability: Traders can convert $PLX into other cryptocurrencies or fiat, contingent on prevailing market conditions.
Reduced Trading Fees: $PLX holders will receive significant discounts on trading fees. Refer to the table provided below to observe the corresponding reduction in trading fees for each value bracket of $PLX holdings.
PLX Holdings (USD) | Trading Fee Discount |
---|---|
$1,000,000 | 75% |
$500,000 | 60% |
$250,000 | 50% |
$100,000 | 40% |
$50,000 | 30% |
$10,000 | 10% |
$1,000 | 5% |
Ensuring Price Stability and Growth Mechanisms
Backed by Pullix Profits: A segment of our earnings between 10%-30% will support the $PLX token, ensuring stability and potential growth.
Token Burn: Introducing periodic token burns can decrease the circulating supply, potentially enhancing scarcity and value.
Limited Supply: The fixed supply of $PLX tokens prevents unchecked inflation, safeguarding the token's value.
Token Security and Compliance
Scheduled Audits: Routine audits will be conducted on the $PLX smart contract and the overall token flow to maintain security and transparency.
Regulatory Compliance: The design of $PLX will adhere to the crypto regulations in diverse jurisdictions, guaranteeing widespread acceptance.
Network Launch: Following the network launch, the Liquidity Pool will be locked for a 24-months period to provide assurance to holders.
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