PZEN also offers a rewards system for liquidity providers (LPs) on Uniswap, offering transaction fees and rewards from a minimum of 18% APY. The token also has a deflationary mechanism where 0.01% of the token is burnt in every transaction. Additionally, every transaction deducts 0.2% to a charity wallet. The token can be bought and sold on Uniswap and Pulsex. However, the token may not be legal in some countries, and it's up to the individual to know their country's rules.
Key takeaways:
- Pulse Zen (PZEN) is a socially engineered Web 3.0 token that uses a unique 2% transactional Pay It Forward (PIF) method to ensure equitable distribution of wealth.
- PZEN is available on the Pulse chain Network and can be bought and sold on Uniswap. Every transaction generates a 2% PIF deduction which is then evenly distributed to all token holders.
- The token also has a Burn function where 0.01% of the token are burnt in every transaction, creating a deflationary event, and a charity function where every transaction deducts 0.2% to a charity wallet.
- PZEN offers a unique rewards system where users can benefit from transaction fees and rewards from a minimum of 18% APY by becoming an LP on Uniswap pool PZEN/USD and depositing their Uni tokens on the rewards platform.