PLUTOS NETWORK NOVEMBER UPDATE 2021
Hello Plutos Community !!
For this session, we’ll be reminiscing about the events that took place in the month of November. Plutos Network has been working overtime to deliver a system with only the best service for users and as the year comes to an end, be ready for more CEX listings, more big time DeFi project partners, NovelSwap DEX Mainnet launch, migration to Solana, and integration with Avalanche. Without further ado, let us dive into last month’s highlights.
Some Technical Development Updates
To demonstrate complete confidence in Plutos Network’s long-term development, the team burned half of the team tokens. This was done as a measure to ensure that the PLUT value continues to rise. The team will work tirelessly and tenaciously to make Plutos Network what it is meant to be. To track the progress of $PLUT, check HERE.
On another note, Plutos Network launched their Synthetic System V2.0. This version came with new features, more rewards, mobile adaptation and UI improvement. The best part about this version 2.0 is the mobile adaptation. With this new development, users can now access the products being offered by Plutos on their mobile devices. You can find the app HERE. Keep an eye out for the V3.0 as it promises to be one of the biggest updates yet with even better features than the latest one available.
To even better news, members of the community had the chance to earn up to $1000 worth of $PLUT weekly in Plutos’ incentive plan called the Plutos Network Vault. The offer was that the first 200 users with the largest borrowing amounts every week would be rewarded. Also, Cupcake Staking pool holders were rewarded with extra 50% staking rewards. This was especially for users that extended their staking in the Cupcake pool, each of them receiving the extra 50% staking rewards as promised by the Plutos team.
News on Ecological Development
Plutos Network partnered with Alpaca Finance! This partnership birthed the Plutos Network and Alpaca Finance Grazing Range Pool for NFT and Staking. Users will be able to stake ibALPACA for $94k USD in PLUT rewards. The rewards will be distributed over the course of 4 weeks in the Grazing Range. More on this can be found HERE.
Marketing and PR
In an effort to foster unity and ensure a community-driven product, the Plutos team hosted an AMA session with the community members with Juan Capilla, CEO of Plutos Network, at the helm of affairs.
In conclusion, Plutos Network has recorded yet another month of stellar achievements and it is quite thrilling to imagine what the future holds for them. Watch this space as we shall be bringing updates on the new and exciting events that Plutos has in store.