Plutos Network — Weekly Report For the Community(3rd Week In November)
Plutos Network is working towards incentivizing the community, while optimizing the features on the platform in order to enhance the user’s experience. Recently, the platform presented to their Community, the V2.0 of Plutos network Synthetic system. This version has been automated to bring in new features, more rewards, Mobile adoption, and of course, UI improvement, allowing the users to enjoy an enhanced and simplified interface. In today’s article, we’ll be basing on the recent developments acquired over the course of the week by Plutos’ developers. But before delving into the details, we’re going to outline the description on the platform below:
PLUTOS NETWORK
Plutos Network is simply a multichain derivative exchange & synthetic issuance platform, which provides incentives such as Mining rewards & stake rewards to every user. Through the adoption of chain networks such as Polkadot network, Solana chain, and BSC (Binance Smart Chain), enablement of cross chain & onchain Liquidity and exchanges, Plutos simply providers users with synthetic issuance along with exchange services for a vast array of Synthetic products that are lucrative, disruptive and maintainable. More details of the aforementioned developments will be stated below:
REWARD TRANSFERS
On the 16th of November, the platform announced that they are sending out extra rewards for the users who extended their staking in the Cupcake pool. Plutos Network is going to be rewarding the users accordingly
Qualified users can also apply here:
https://forms.gle/NsFHQaSeazbaJqjc7
This Aforementioned form is for users to apply for the rewards. If a Cupcake stake based holders extends his/her staking for another 30 days, the network will transfer the Airdrops to their wallets an extra 50% of their staking rewards. To satisfy the special airdrops, Cupcake staking holders could only withdraw at or after the 13th of November at 12:00 UTC.
PLUTOS NETWORK VAULT
Users can now earn up to $1000 worth of PLUT tokens weekly in their incentive plan. The first 200 users with the largest borrowing amounts will also be rewarded on a weekly basis.
You can enter the vault here:
https://app.plutos.network/#/vault
And get more details here:
PRODUCT PORTFOLIO
On the 18th of November, the platform put out their product portfolio, which all include; Mainnet Plutos Synth Product V2, V5 Staking, NovelSwap. Plutos platform is looking forward to CEX listings, NovelSwap mainnet launch, partnerships, and of course, Solana network and Avalanche medium migrations.
CONCLUSION
Plutos network shows that they are dedicated and hard-working, as they continue to enable various incentive plans and schemes for every user to participate in. With the release of amazing developments such as their VAULT, users can now stand a chance of gaining up to $1000 worth of PLUT tokens on a weekly basis. It’ll also be of great benefit to early members who have the largest borrowing amounts, the platform promises to also reward these users on a weekly basis. This further displays the level of innovation that the platform has put in place for all users, as they plan to be listed on Centralized Exchanges, the network is sure to reel in more users all over the digital space.
To Learn more about Plutos Network visit the links below;
Twitter https://twitter.com/PlutosNetwork
Medium https://medium.com/plutosnetwork
LinkedIn https://www.linkedin.com/company/plutos-network/
Telegram Group https://t.me/plutosnetwork
Telegram Channel https://t.me/plutosANN
