Raji Aishat
2 min readSep 27, 2021

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KEY COMPONENTS OF PLUTOS NETWORK

The Plutos Network consists of three main Components, which are;

  • Plutos Staking
  • Plutos Market
  • Plutos Pool

✅Plutos Staking: This allows users to earn rewards by Staking derivative assets on Plutos Network. The Staking service will be first build on Ethereum and then migrate to polkadot after sub-parachain. The Plutos Staking service will soon be available on other leading blockchain such as Binance smart chain and Solana.

✅Plutos Market: This is your one stop platform for issuing and trading crypto derivatives, by applying AMM mechanism and enabling cross-chain wrapping functions to build chain bridges between main stream assets of blockchain including Ethereum, Polkadot, BSC and Solana. Users will be able to trade derivatives at low cost, fast transactions and high security is guaranteed. Users can trade derivatives such as contracts, options, swaps etc.

✅Plutos Pool: Through $PLUT staking and minting, integrating liquidity from leading DEXes such as Uniswap, 1inch, Balancer, Pancake etc. Plutos pool can offer infinite liquidity for users with the best trading experience and passive income. Users will only need to stake $PLUT and mint assets such as pUSD to convert one asset to another or open long or short positions of leverage contracts underlying various assets without any restrictions.

Follow Plutos Network on all social media platforms:
Website: plutos.network

Twitter: https://twitter.com/PlutosNetwork

Medium: PlutosNetwork

See you guys next time on the #Plutosnetworkgist.
👋👋👋

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Raji Aishat

Potential manager || Crypto Enthusiast || Content creator || Graphic designer.