Use Cases
$PULSE token will feature multiple use cases that contribute to the efficacy of the network while attracting new users. These include but aren’t limited to:
Ecosystem facilitation - As a community-driven platform, Pulse places great value on promoting the highest quality content. This is achieved through the Cast and Tipping system, where $PULSE tokens align incentives to ensure that those who post the best content are rewarded well.
Gas & payment token - $PULSE will be used to pay transaction fees and gas fees incurred on the network. An oracle is used to retrieve real-time ETH pricing and convert fees into $PULSE
Governance - $PULSE holders enjoy DAO governance rights and can vote to change specific parameters surrounding network validation and staking.
Burn mechanism - Pulse Network will feature a token burning mechanism to control the supply and maintain the value of $PULSE
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