The Incentive Token, with the ticker symbol INC, is a reward token used to "incentivize" Liquidity Providers on the decentralized exchange PulseX. The primary function of the INC token is to encourage LPs to pair bridged-in tokens from Ethereum to native tokens on PulseChain. Due to this mechanic, PulseChain is a highly liquid blockchain.
INC is also the only one of Richard Heart's tokens without an Origin Address or Sacrifice. Some community members think of INC as a memecoin, others see a leverage play on PLSX and PLS.
There exists no "INC Halving", that is just a very common misconception. Since the launch of PulseX, INC has always been issued at a constant rate of 1 INC / second. This rate can be changed by the MasterChef contract's owner at any time. It always has to be between 0 and 1 INC / second.