Welcome to Plutos Network !

DEFINITION

Plutos Network is a multi-chain synthetic issuance and derivative trading platform that provides users with mining incentives and staking rewards. Plutos Network will offer users synthetic issuance and trading services for a variety of synthetic products that are reliable, financially viable, and disruptive to the conventional derivative market by integrating Blockchains such as Solana, Polkadot, and BSC, which enable on-chain and cross-chain liquidity and trading.

Plutos allows all users to get synthetic assets from the regular financial market as well as the crypto industry. Plutos would become able to deliver crucial features including scalability, high interoperability, and low transaction costs by enabling cross-chain and on-chain functions. This will allow them to provide the ideal answer for the present DeFi derivative market’s challenges, such as expensive gas fees, slow transaction speeds, and hacker risks such as flash loans.

Some integral parts of the Plutos Network are:

  1. Plutos Market
  2. Plutos Staking
  3. Plutos Pool.

Plutos Market

The Plutos Market is a one-stop destination for crypto derivatives issuance and trading. Plutos Market will be the service where users can trade cross-chain derivatives with cheap rate, rapid transaction speed, and high security by using AMM mechanism and enabling cross-chain wrapping function to establish chain-bridges between mainstream assets of Blockchains such as Ethereum, Polkadot, BSC, and Solana. Users can trade derivatives such as contracts, options, swaps, and more on Plutos Market.

Plutos Staking

On Plutos Network, users can earn rewards by staking derivative assets. After the sub-parachain, OCW components are ready for deployment, the staking service will be constructed on Ethereum and subsequently transferred to Polkadot. Other popular Blockchains, such as BSC and Solana, will soon offer the staking feature.

Plutos Pools

Plutos Pool can offer limitless liquidity for users with the finest trading experience and residual income through PLUT Staking and minting, integrating liquidity from prominent DEXes like as Uniswap, 1inch, Balancer, PancakeSwap, and others. Because of the liquidity integration and cross-chain liquidity pools, slippage will be greatly reduced with Plutos Pool. On Pluto’s Network, there will be no need for a Liquidity Provider. Users will simply need to stake PLUT and mint assets like pUSD in order to convert one asset to another or open long or short positions in leveraged contracts underlying various assets.

FOR MORE INFORMATION VISIT

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MEDIUM

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