PLN is a Founder Token that accrues all swap fees from PulseLN Crypto Exchanges. PulseLN allows you to swap PLS, BTC, ETH, BNB, and other crypto in less than ~15 seconds for extremely low fees thanks to full Layer 2 support for Lightning BTC and Optimism.
At the heart of PLN's Tokenomics is a buy & burn system that leads to a continuous reduction in its total supply (based on PulseLN exchange demand). From its initial maximum supply of one trillion tokens, burns will keep occurring at random intervals indefinitely.
PLN launched with zero value & was airdropped for free to PulseChain addresses in early 2023. Since launch the exchange has added many popular assests, gained massive community support, and grown to 10s of thousands of weekly active users.
PLN is used for fee discounts on the PulseLN Exchange, referral fee percentage bonuses for Referral Program Participants, and passive accumulation of PLS (PulseChain's Native Token).