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PLS

No. 934
PlutusDAO
AMM
DeFi
Arbitrum
Arbitrum Native
PLS Price Today
0
USD
-1.91%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
10.83M
10.83%
Total Supply
100.00M

Price

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  • Coin Introduction
1. Project introduction

Plutus is an Arbitrum-native governance aggregator aiming to maximize users’ liquidity and rewards while simultaneously aggregating governance behind the PLS token. Plutus’ objective is to become the de-facto Layer 2 governance blackhole for projects with veTokens. Plutus has collaborated with Dopex, Jones, GMX and Sperax for a variety of Plutus-related governance products. In addition, Plutus is now expanding its product line to include Vaults with GLP as the premier product. plsAssets: With plsAssets, users can achieve exposure to veAsset rewards without having to lock their tokens. Through a liquid staking derivative, users can exit their plsAsset position for the respective token whenever they wish. With additional incentives on top of max-locked veAsset yield, plsAssets are always more lucrative and liquid compared to the native option of max-locking an asset. plvGLP: (1) Users can deposit GLP for plvGLP at any time. (2) Users can redeem plvGLP for GLP at any time. (3) The vault takes the ETH rewards and auto compounds the position, resulting in plvGLP constantly appreciating in value.

2. Application and distribution

Max. supply: 100,000,000 Token application: PLS is the native governance token of Plutus. Token distribution: Platform Rewards: 35% Liquidity Mining: 15% Operational Allocation: 13.8% Bonding: 10% Public TGE: 10% Private TGE: 4.2% Plutus Team: 12%

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