@PulseTGC

Grays Currency ($pTGC) is a PulseChain-based token that claims to combine LP indexing with arbitrage bot revenue to generate APY and deflationary mechanics.

The project has a DAO treasury that executes buybacks and distributes passive rewards to holders.

However, red flags include grandiose claims ('ultimate crypto', 'changed the game forever'), vague technical details, heavy reliance on promotional X Spaces, and association with PulseChain ecosystem which has historically attracted many questionable projects.

Green flags: Has working token on PulseChain with visible on-chain activity · DAO treasury executing documented buybacks (300M tokens purchased recently) · Deflationary + yield model has technical plausibility

Red flags: Hyperbolic marketing language: 'ultimate crypto', 'changed the game forever', 'be all end all token' · Very thin technical documentation - mechanics of LP indexing + arb bot not explained · Heavy promotion via X Spaces instead of product focus · PulseChain ecosystem association (known for high-risk projects) · Account created Oct 2023 but remains very small following (~4.7k) - limited traction