Plutos Platform — Development Highlights For the FirstWeek in December 2021
Plutos Platform has continued to provide their users with various system upgrades, all for the sake of enhancing their experience on their platform. They simply seek to clearly provide every user with an opportunity to earn passively & immensely through various features such as mainnet staking, and so on. This week, the team hasn’t been extremely active with the updates, but there are a few notable highlights that display their amazing sense of dedication to System updates. Before discussing these developments, a little detailed info on the network’s ecosystem must be provided.
Plutos Platform DESCRIPTION
Plutos platform is basically a multichain derivative exchange and SyntheticIssuance platform that provides mining rewards & Stake based rewards to individuals. Through the adoption of blockchains like Polkadot chain, BSC (Binance Smart Chain) & Solana Chain, enablement of cross chain & onchain liquidity & exchanges, the network simply provides individuals SyntheticIssuance with exchange services for a vast majority of SyntheticProducts that are lucrative, maintainable & disruptive to the conventional derivative marketplace. More info on their recent developments will be stated below:
PLUTGrazing Range Staking (ALPACA FINANCE)
On the 29th of November, the platform introduced the Plutos platform and AlpacaFinance Grazing RangePool for NonFungible tokens (NFTs) & Staking. Various users will gain the ability to simply stake their ibALPACA tokens for $94,000USD in PLUT token rewards, which will then be allocated over Four weeks in the GrazingRange. Of course, if a user meets the staking requirements, they are also going to stand to gain the opportunity to obtain exclusive NonFungible tokens.
On the 30th of November, the platform announced that PLUT Grazing Range Staking has been launched, and the rewards started Seven Hours after the release due to Block Delay.
As mentioned earlier, users could stake ibALPACA for $94,000 in PLUT rewards. Users who staked by the 1st of December at 10am UTC received exclusive Grazing Range NFT cards.
For more info: https://twitter.com/AlpacaFinance/status/1465625086354886661?t=6mm7v1jUp_cqpnxkZ_er8w&s=19
CUPCAKE STAKING REWARDS
On the 30th of November, Plutos network’s team announced some details on Cupcake staking holders additional rewards. Various individuals who are staking in their Cupcake pool have now received 50% additional PLUT token rewards for staking with Plutos Network.
In order to stake in their Marshmallow and JellyBean pool for up to 100% APY, User should head over here: https://v5staking.plutos.network/
SUMMARY
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 spectrum.
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
