PLUTOS NETWORK SYSTEM V2.0 IS LIVE
By: Hugoranking
“To exist is to change, to change is to mature, to mature is to go on creating one self endlessly”, these are the scintillating words of Bergson (1911).
As a business and enterpreneural analyst, I would say, this his saying holds true not only for people but also for a product or a service. In an, ever-changing world, technologies change, customer demands change, ecosystems change, competitors change and while all this is changing, if your product/service remains the same, it will cease to exist. Hence, new product development and upgradation of existing products has to be pursued relentlessly.
Usually, new product development is seen as correcting the mistakes in the existing products, plugging the gaps, and trying to catch up with competitors. But, it is much more than that. New product development should mean giving the customer an altogether different experience. It should mean breaking the clutter and differentiating your product from others. Today customer demands keep evolving continuously, compressing product lifecycles, and to size this up, Plutos Network is pleased to announce the launch of it's Synthetic system V2.0 to expand, facilitate, remodel and remodify it's utility to meet the need of it's teeming users and investors.
As an innovative platform, this is coming with unique features such as
- IOS and Android Adaptions supporting mobile devices just by connecting Metamask and Walletconnect.
- Borrowing has been made lot easier through the process of Automation. Meaning, when users deposit $PLUT as collateral to borrow any of the platform's utility token such as pUSD or pETH, you only get to make a single deposit while the system handles the rest. Thats not all, because of the dwindling prices of $PLUT, to ensure balance, the C-ratio also changes accordingly.
- Optimization of the User-interface (UI) design. This is to create an enabling environment devoid of technological complexity, fostering a secured and unrestricted interface in it's entirety.
This is also coming with reward packed features as usual, because, with Plutos Network, there's never a limit to what one can earn including:
- Mint reward, which is enabled once users make a deposit.
- Farm and staking rewards.
- As well as rewards from the "Liquidate list". The liquidate list comes into play, when the C-ratio based on corresponding fluctuating $PLUT price goes below 300%. Hence such asset goes into a Liquidate list.
If you're still wondering what Plutos Network is all about, then I have got you covered.
Plutos Network is a multichain synthetic issuance and derivative trading platform, providing both on-chain and cross chain liquidity and trading employing blockchains such as Polkadot, BSC and Solana thus providing both Mining and staking rewards to users on a fascinating level of Altruism.
It is no news the gross impediments the traditional DeFi market has incurred overtime including high gas fee, low transaction speed, vulnerability to scammers or hackers.
Plutos Network aims to provide a holistic cross chain and on chain functionalities employing the key blockchains stated above, to mitigate this lapse. It doesn't end here, Plutos Network also support key blockchain functionalities such as:
1. Plutos staking, providing users with opportunity to earn rewards for staking derivative assets.
2. Plutos pool
This is the most fascinating of them all. Through integration with other leading decentralized exchanges such as Uniswap, pancakeSwap, Balancers etc, the Plutos Network offers what it calls an " infinite liquidity" for users, offering a remarkable trading experience, eliminating the need for liquidity providers. By this, users only need to stake $PLUT (it's official token) and mint other synthetic assets (pAssets) within the PLUTOS chain without restrictions.
3. Plutos Market
A newer generation robust crypto currency market powered and driven by key blockchain players including Polkadot, Solana and BSC, thus ensuring fast transactions, high transactions, low cost and asset scalability supporting contracts, options, swaps etc.
4. Token Minting
Plutos Network also provides users with leverage tools to create a coin out of another (Minting). In this regard, holders of PLUT token can actually mint other assets, now called pAssets or synthetic assets including pUSD, pBTC, pETH etc through a collateral system using the Plutos smart contract.
To learn more, you can hinge on the following:
Official Website: https://www.plutos.network/
Official Email: [email protected]
Twitter: https://twitter.com/PlutosNetwork
Medium: https://medium.com/plutosnetwork
LinkedIn: https://www.linkedin.com/company/plutos-network/
Telegram Group: https://t.me/plutosnetwork
GitHub: https://github.com/PlutosNetwork