<figure class="wp-block-image size-large"><img width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/10032826/PulseChain-Incentive-Token-INC-375x211.webp 375w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/10032826/PulseChain-Incentive-Token-INC-662x372.webp 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/10032826/PulseChain-Incentive-Token-INC-768x432.webp 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/10032826/PulseChain-Incentive-Token-INC.webp 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/10032826/PulseChain-Incentive-Token-INC.webp" alt="PulseChain Incentive Token INC
" class="wp-image-4466"/></figure>



<p>The Incentive Token on PulseChain is more talked about than many could have ever predicted.</p>



<p>It seems to have taken on the role of the mystery character since its inception.</p>



<p>Let’s break down what it is and it’s potential on PulseChain.</p>



<h2 class="wp-block-heading tablecontent">What is the Incentive Token (INC) on PulseChain?</h2>



<p>The Incentive Token, with the ticker symbol INC, is a reward token used to ‘incentivize’ liquidity providers on the decentralized exchange PulseX.</p>



<p>The primary function of the INC token is to encourage LPs to pair bridged-in tokens from Ethereum to native tokens on PulseChain.</p>



<p>By doing this, PulseChain becomes a highly <a href="https://llcms-dev.liquidloans.io/liquid-staking/" data-wpil-monitor-id="5">liquid blockchain</a>, connected to an even more liquid blockchain in Ethereum which is highly connected to the traditional markets.</p>



<p>If you already understand the INC token and want to jump into the PulseChain ecosystem, then click this link to learn <strong><a href="https://www.thecoinzone.com/pulsechain/how-to-buy-pls-step-by-step-guide" target="_blank" rel="noreferrer noopener">How To Buy PLS (Step By Step)</a></strong>. Once you&#x27;ve bought PLS, you can buy other tokens and start earning INC immediately.</p>



<h2 class="wp-block-heading tablecontent">How to Earn the Incentive Token (INC) on PulseX</h2>



<p>To earn INC Token on Pulsex v1, users must provide liquidity on incentivized pairs and stake their LP tokens.</p>



<ol>
<li>Choose the pair you want to be a liquidity provider for.</li>
</ol>



<p>The liquidity pools that are available to earn rewards are shown in the image below:</p>



<figure class="wp-block-image size-large is-resized"><img loading="lazy" width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX-375x225.webp 375w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX-662x397.webp 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX-768x461.webp 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX-1536x922.webp 1536w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX-2048x1230.webp 2048w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX.webp 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/04224440/Incentive-Tokens-Farms-PulseX.webp" alt="Incentive Token INC Farms PulseX" class="wp-image-4389"/></figure>



<p>Keep in mind that APRs fluctuate significantly and impermanent loss is a serious risk to consider.</p>



<ol>
<li>Provide liquidity by depositing equal parts of each token on PulseX v1.</li>
</ol>



<ol start="2">
<li>Bring your LP tokens to the <a href="https://app.pulsex.com/" target="_blank" rel="noreferrer noopener">farms page</a>, enable spending and begin earning INC tokens.</li>
</ol>



<h2 class="wp-block-heading tablecontent">PulseChain Incentive Token Price</h2>



<p>The price of INC Token can be found here at: <a href="https://www.liquidloans.io/price">https://www.liquidloans.io/price</a>.</p>



<figure class="wp-block-image size-full is-resized"><img loading="lazy" width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224703/INC-token-price-330x300.png 330w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224703/INC-token-price-662x601.png 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224703/INC-token-price-768x697.png 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224703/INC-token-price.png 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/04224703/INC-token-price.png" alt="" class="wp-image-4390"/></figure>



<p>These price feeds are highly accurate and up to date. The display also shows supply, tokens burned, volume, market cap, total liquidity and charts.</p>



<p>Bookmark this tab and keep checking in as more tokens are added!</p>



<h2 class="wp-block-heading tablecontent">INC Token Price Prediction</h2>



<p>Nobody knows how the price of INC will perform, and none of this is financial advice.</p>



<p>The price of INC Token peaked in May of 2023 at a price of almost $80 a token.</p>



<p>Since the announcement of the SEC lawsuit on <a href="https://www.thecoinzone.com/pulsechain/hex-vs-pulsechain/" data-wpil-monitor-id="1419">HEX and PulseChain</a>, it has dropped roughly 98% all the way down to $1.</p>



<figure class="wp-block-image size-large"><img loading="lazy" width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price-375x175.webp 375w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price-662x309.webp 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price-768x358.webp 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price-1536x716.webp 1536w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price-2048x955.webp 2048w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price.webp 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/04224818/Incentive-INC-Token-Price.webp" alt="Incentive Token INC Price" class="wp-image-4391"/></figure>



<p>During the same time, the native token of the blockchain, PLS peaked at $0.00028 and dropped all the way down to $0.000034, a loss of roughly 92%. </p>



<p>The ratio between INC and PLS also deteriorated in value, dropping from 300,000 PLS per INC to 16,500 PLS per INC.</p>



<figure class="wp-block-image size-large"><img loading="lazy" width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price-375x185.webp 375w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price-662x326.webp 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price-768x379.webp 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price-1536x757.webp 1536w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price-2048x1010.webp 2048w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price.webp 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/04225211/INC-Incentive-token-price.webp" alt="INC Incentive Token Price" class="wp-image-4392"/></figure>



<p>This means that INC dropped roughly 96% in comparison to PLS.</p>



<p>This could be because users don’t view INC as equally valuable to PLS.</p>



<p>Afterall, INC has no utility elsewhere on the chain other than earning more of it via liquidity providing. </p>



<p>Contrast this with PLS, which can be used to become a validator or can be collateralized within the <a href="https://www.thecoinzone.com/defi/defi-yield-protocol/" data-wpil-monitor-id="381">Liquid Loans protocol</a>. </p>



<h2 class="wp-block-heading tablecontent">Incentive Token Address</h2>



<p>You can find the token address for INC here: <a href="https://scan.pulsechain.com/token/0x2fa878Ab3F87CC1C9737Fc071108F904c0B0C95d/token-transfers">https://scan.pulsechain.com/token/0x2fa878Ab3F87CC1C9737Fc071108F904c0B0C95d/token-transfers</a></p>



<figure class="wp-block-image size-large"><img loading="lazy" width="325px" height="183px" srcSet="https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address-375x99.png 375w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address-662x175.png 662w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address-768x204.png 768w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address-1536x407.png 1536w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address-2048x543.png 2048w, https://d2ly46a6b1u3g6.cloudfront.net/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address.png 688w" sizes="(max-width: 425px) 150px, 450px" src="https://ll-blog-dev.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/2023/11/04225337/INC-Incentive-Token-Address.png" alt="" class="wp-image-4393"/></figure>



<p>Simply click “copy address” in the top right of the image and paste into your wallet to import the Incentive Token.</p>



<h2 class="wp-block-heading tablecontent">The Future of the Incentive Token</h2>



<p>Many of the PulseChain community have speculated on future use cases of the Incentive Token.</p>



<p>These theories have ranged from providing discounts on a Richard Heart created centralized exchange to becoming a stablecoin.</p>



<p>All of which are baseless and refuted by Richard himself.</p>



<p>For now, the Incentive Token remains simply a reward for liquidity providers on PulseX.</p>

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The Incentive Token (INC) on PulseChain: Rewarding Liquidity Providers on PulseX

This post is all about the Incentive Token on PulseChain, how to earn it on PulseX, and its future in the ecosystem.