plsAssets
Plutus' line of governance aggregation + liquidity-related products.
Plutus currently has 5 plsAssets.
- plsDPX
- plsARB
- plsRDNT
- plsSPA
- plsJONES
- Users may deposit DPX, ARB, RDNT, SPA or JONES into Plutus, which are locked forever as veDPX, ARB, RDNT dLP, veSPA or veJONES respectively.
- Plutus returns a tokenized version of the asset as a plsAsset (plsDPX, plsARB, plsRDNT, plsSPA or plsJONES)
- With plsAssets, users can achieve exposure to max-locked rewards without having to lock their tokens. Through a liquid staking derivative, users can exit their plsAsset position for the respective token whenever they wish. With additional incentives on top of max-locked veAsset yield, plsAssets are always more lucrative and liquid compared to the the native option of max-locking an asset.
- plsAssets can be staked on Plutus to receive their respective platform's max-locked fees/single stake rewards, PLS emissions and a portion of yield from Plutus’ Productive Treasury.
- Users are able to swap plsJones and plsDPX into Jones and DPX through plsAsset-Asset liquidity pools. Swapping from plsDPX to DPX on Camelot incurs a 2% sell fee.
- The plsRDNT liquidity pool will go live one month from launch.
- The plsARB liquidity pool will go live two months from launch
- The liquidity pools are incentivized with PLS emissions, which users can receive by staking their plsAsset LP on Plutus.
- Please note that the liquidity pool is not guaranteed to trade 1:1 with the underlying asset. The demand for both the asset and plsAsset determine the ratio of the liquidity pool. Plutus is not responsible for maintaining any ratio.
Last modified 4d ago