PLUTOS NETWORK — ITS TECHNICAL ARCHITECTURE EXPLAINED
The technical architecture of Plutos Network shows the underlying module of the features of its Network. There are outlined below;
Sub-parachain Component
A Sub-parachain is built as an underlying module for communications with parachains on Polkadot. This enables fast communications through the module with various parachains such as Roccoco etc. This component serves its purpose to reflect interoperability, scalability, and fast transactions.
Plutos Marketplace for Derivative Issuance and Trading
Plutos Network has a workflow of derivative insurance and trading, its component includes; Plutos Market for synthetic issuance and trading marketplace, Plutos Multi-chain Asset Collateral Pool for aggregating all assets on Plutos Network, Integration with leading liquidity and swap protocols including Uniswap, 1inch, Pancake and more for infinite liquidity.
Plutos Market is a synthetic/derivative DEX without an order book, and also, the DApp provides both leveraged and unleveraged products to users. Users are able to convert one PLUT to another without worrying about how deep the liquidity is nor slippage because the debt pool smart contract is backed by the staked collateral which plays the role of liquidity provider. Users are also able to be benefiting by taking short or long positions with leverage.
Official Website
Official Email
official@plutos.network
https://twitter.com/PlutosNetwork
Medium
https://medium.com/plutosnetwork
https://www.linkedin.com/company/plutos-network/
Telegram Group
Telegram Channel
GitHub
