Whats remarkable about the Hidden Gem PlutusDAO project on Arbitrum?

• What is PlutusDAO?
• Features of PlutusDAO
• Tokenomics
• Basic information about the PLUTUS . token
• Token Allocation
• Token Release
• Release of Liquidity Mining
• Token Usecase
• Project team, investors, partners
• Project team
• Investors and partners
• Development roadmap
• Epilogue

What is PlutusDAO?

PlutusDAO is an Arbitrum- based governance aggregation project that aims to optimize user liquidity and interest while improving the rights management of PLS ​​tokens. The value of PlutusDAO is all about adding value to Holders and liquidity providers.

Features of PlutusDAO

The operating model of PlutusDAO is like a derivative product that is locked forever to receive APR from PLS tokens and platform fees. The products are plsAssets and plvAssets, but PlutusDAO's ambition is even bigger as the project continuously releases products such as plsDPX, plsJONES, plvGLP and most recently plsSPA.

You will receive veToken when you lock the token into your project. veToken users can Earn Yield, Earn Protocol and Gorvernance Fees, but these tokens are locked and cannot be used. 

Tokenomics

Basic information about the PLUTUS . token

• Token Name: PlutusDAO
• Code: PLUTUS
• Blockchain: Arbitrum
• Token classification: ERC-20
• Total supply: 100,000,000 VND

Token Allocation

• Platform Reward: 35% (35,000,000 PLS) 
• Mining liquidity: 15% (15,000,000 PLS) will be used for reward payment. 
• Operation: 13.8% (PLS 13,800,000) community contribution. 
• Bonding: 10% (10,000,000 PLS) will be used to purchase assets deemed important in the future.
• Public sale: 10% (10,000,000 PLS).
• Private sale: 4.2% (4,200,000 PLS) locked for 3 months and unlocked for the next 3 months. 
• Team: 12% (12,000,000 PLS) is locked within 3 months, and will be paid in installments within 18 months immediately after the end of the lock period.

Token Release

The project will unlock all 100 million tokens within 5 years, starting from 2021. Details of Release token time you can observe in the image below.

Release of Liquidity Mining

During the first month, there will be 825,000 PLS tokens distributed through the release of Liquidity Mining. Each subsequent month, the total amount of PLS ​​distributed through Liquidity Mining issuance will decrease by approximately 17391 PLS tokens. 

Liquidity mining rewards will be divided among the following pools:

• PLS-ETH LP – 20%
• plsDPX SS – 20%
• plsJONES SS – 3.75%
• plsDPX LP – 22.5%
• plsJONES LP – 5%
• plvGLP SS – 15%
• plsSPA SS – 3.75%
• plsSPA LP – 5%

Token Usecase

The PLS token is the native token of the project. According to information coming from PlutusDAO token, there will not be any tokens for investment funds. Fundraising project from Private Round and Public Round from users of Dopex and JonesDAO.

Here are some applications of the PLS token in the PlutusDAO project:

• PLS holders have discretion over veJONES and veDPX.
• Earn more PLS tokens.
• Add liquidity with PlsJones or PlsDopex pairs.
• Add liquidity with plsGLP.
• Add liquidity with ETH pairs. 

Recently, on September 28, Plutus officially announced Tokenomic 2.0. In this model, in addition to the benefits of version 1.0, PLS holders are greatly increased, MP and esPLS points are also increased.

Project team, investors, partners

Project team

Currently, the PlutusDAO project has not announced the project team. We will update readers when official information is available.

Investors and partners

Prominent projects that are partners with PlutusDAO include: GMX, JonesDAO, Dopex, Sperax, Lodestar Finance...

Development roadmap

February 8, 2022: Plutus is introduced to the community.

March 15, 2022: Introducing the tokennomics model.

May 21, 2022: Launch of plsAssets.

May 29, 2022: Announced partnership with Sperax.

April 8, 2022: Introducing the Tokennomics 2.0 model.

August 14, 2022: Launch of Plutus Vault and release of plvGLP.

September 28, 2022: Tokennomic 2.0 Announcement

The development plan for 2023 has yet to be announced by the PlutusDAO team. However, the project is still active right from the early stages of development.

Epilogue

Above is an overview of the PlutusDAO project. This is a project that is considered as Hidden Gem of the Arbitrum ecosystem. TraderH4 team hopes that the above information will be useful for you to make an investment decision in this project. You can get more information about PlutusDAO through the project's official social channels.
Website | Twitter | Discord

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