Beta.PlutusDefi.com Launch & February Update

Plutus DeFi’s Lending Aggregator Enters Beta Testing — Now Live!

Add.xyz
ADD.xyz
3 min readFeb 5, 2020

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Want some insurance & privacy in your decentralized lending experience?

Plutus DeFi is excited to share that our lending aggregator is now open for beta testing! https://beta.plutusdefi.com/

Simply visit the Beta portal and start experimenting with our platform. We recommend limiting all deposits to under 10 DAI while testing and auditing are in process. Our contracts are deployed to mainnet and live!

This milestone brings us one step closer to fulfilling the DeFi community’s mission to ensure user-level privacy and market-level transparency for cryptocurrency users around the globe.

Read on to learn what makes our solution unique, how we plan to provide privacy, and where interested parties can sign up for beta testing.

Why does DeFi need another lending solution?

Plutus DeFi has developed the first decentralized aggregator lending solution to focus on ensuring the privacy of its users. This means you can conduct all your lending in one single place.

While other platforms have chosen to focus on solving important issues around problems like decentralization, we noticed a lack of effort being directed at another fundamental area of concern: privacy & insurance.

Our mission is to bring privacy to DeFi and releasing our lending aggregator for beta testing is a critical step toward achieving that goal, in the coming months Privacy will be at our core focus.

How does PlutusDeFi ensure privacy?

Our solution incorporates both on- and off-chain privacy solutions to provide users with anonymity during their decentralized lending experience.

Off-chain, we rely on onion-routing, virtual private networks, and bulletproof servers while on-chain tools include cryptographic encryption to provide anonymous addresses and transactions.

We’ve also partnered with leading DeFi companies like Fortmatic, AZTEC Protocol and Nexus Mutual to give users a privacy-enabled lending experience as well as the ability to purchase insurance on the failure of the smart contracts that facilitate the loans.

Get rewarded for being a beta tester

We look forward to getting your feedback to help us provide the most secure, user-friendly lending experience possible! Submit feedback to us via the dashboard and be rewarded with PlutusDeFi Tokens at TGE!

To sign up as a beta tester, please visit our platform at https://beta.plutusdefi.com/ and submit feedback at the top!

Great Turn out at PlutusDeFi Lending Platform revealed in London

Over 100 people joined ETH LDN’s community event focused on DeFi projects. PlutusDeFi COO Ali Harawala and Head of Technology, Paresh Masani presented Plutus’ ecosystem and architectural stack of the newly launched Lending Aggregator.

We were also joined by Kleros.io and Showcase and would like to thank the EIT Digital & Cryptocompare for sponsoring the event.

New Hires! New Team Members!

In January, our team grew by an additional four team members. The new full-time positions include a highly experienced Graphics Designer with a portfolio of work for the largest start-ups in Asia, a UI/UX developer and a full-time solidity developer.

These new hires enable us to stay ahead of our competitors with planned disruptive DeFi and privacy-oriented features on the platform.

Telegram Grows to over 1,500 Plutisians!

We’re proud to have reached an organic milestone in our telegram community. Over 1,500 members have now joined our distributed community. With the help of marketing partners across multiple locations; PlutusDeFi is now picking up steam!

Articles published this month:

  1. Why‌ ‌Privacy‌ ‌Matters‌ ‌in‌ ‌DeFi:‌ ‌U.K.‌ ‌Government‌ ‌Issues‌ ‌$100k‌ ‌RFP‌ ‌for‌ ‌Blockchain‌ ‌Surveillance‌ ‌Software‌
  2. 5 Projects Pioneering Privacy on Ethereum
  3. Risk in DeFi (3/3): Evaluating technical risk in DeFi solutions

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