Have You Tried These New PlasmaFinance Features Already?

Published in

Plasma Finance

6 min readApr 17, 2021

When we built PlasmaFinance, we wanted it to be the easiest and best DeFi platform to use for everyone in the space. And we meant everyone. This means:

Crypto newcomers who don’t even have crypto assets yet can buy their first tokens directly from our platform with card and bank transfer.
Crypto users wanting to use DeFi can find direct swap, stake, liquidity options available with simple search configurations.
DeFi veterans looking for new opportunities can view all opportunities across Uniswap, SushiSwap, and PlasmaSwap, with more protocols on the way.
Institutional and pro traders can use advanced charting and analysis tools to optimize their yields and portfolio management.

Over the last two months, since launching our own PlasmaSwap DEX, we’ve been steadily working on developing innovative new features and optimizations for the PlasmaFinance platform, many of which you won’t find anywhere else on the market.

Have you tried these out?

1. Flash Rebalancer — Migrate liquidity in one step

If you’re a DeFi strategist, then you’re always on the lookout for better yields, higher APYs, lower impermanent losses, and so on. But the problem is, many of these different pools can exist across different DEXs. And the problem with moving liquidity is, you need at least 4 steps just to take back your liquidity from a pool and to put it into another pool. That’s 1 step each to remove both pairs, and 1 step each to put the pairs back into another pool.

A small percentage advantage of migrating liquidity can easily be wiped out by expensive gas transactions.

So when PlasmaSwap launched, we made sure you could save on those expensive fees by making the entire liquidity migration process possible with 1 single transaction. For a detailed guide, read this blog post.

2. PPAY Staking — earn a share of PlasmaFinance revenue

Our native PPAY token has been regularly making all-time highs since March, but the real value for holders is in staking it. All revenue earned from PlasmaFinance products (such as swapping commissions on PlasmaSWap) are distributed to PPAY holders, in proportion to their share of the total supply.

When you stake PPAY, you get a derivative xPPAY token that entitles you to all future platform earnings.

Staking is easy, done in just 2 steps. Find out more details in this blog post.

3. Multiple wallet connections — view your entire DeFi portfolio in one place

Maybe you like using separate wallets for separate DEXs, so you can easily monitor profits on Uniswap and PlasmaSwap individually. Or maybe you just want to manage different “accounts” to experiment with different yield strategies.

Isn’t it annoying that you need to disconnect from one wallet to another just to track token balances and conduct your swaps?

With PlasmaFinance, you can now connect multiple wallets and view them all in the same dashboard. Comparing profits and performance between wallets and strategies, while gaining a bird’s eye view of your entire DeFi portfolio. You can even add addresses to watch and monitor, all from the same place.

It’s that cool.

4. One gas setting for all your wallets

Our upcoming Plasma Gas Station is going to be a new feature no one else has — letting you pay for gas fees without ETH and using other stablecoins and new project tokens instead.

But while waiting for that, don’t you find it a pain to set up gas settings every time you want to use a new wallet? Skip that step and use our ultra-convenient Gas settings to track gas prices and enter your own settings to be used on any connected wallet during authorization.

5. Customize your token portfolio and wallet token lists

We’ve got over 700 traded tokens and more than 10 prebuilt lists of tokens, each with analytics and real-time market data to make it easier for your DeFi considerations.

Like the tokens you see on the lists? Want to make your own custom portfolio? Just add any existing token list or asset easily now to reflect it in your portfolio.

You can also add any of these assets to your wallet. Just use the Add Token function on any token page and it’ll be added to your connected wallet(s).

So easy.

6. New Market features

PlasmaFinance Market page is already a unique offering in DeFi as it gives you real-time information feeds and analytics based on decentralized data sources like oracles — consider it as a decentralized version of CoinMarketCap. No fake volumes, no bot-inflated numbers!

We’ve made it even better in the past few weeks. Now you can see the top pairs on PlasmaSwap.

You can even check out trending token or IDO markets…

And finally, you can analyze trading pools on PlasmaSwap/Uniswap/Sushiswap, tracking who is trading the pool in real-time, and see the traders’ and liquidity providers’ leaderboard.

7. Currency and language localization

We’re a fan of our global userbase, so we’re working hard to make PlasmaFinance easier to use for everyone. 35 new languages are now supported. Don’t see yours there? Think the translation could be better? Then we encourage you to help improve the language support by signing up on the Crowdin tool.

Also, it’s hard enough to use crypto, converting values to USD and then back into your local currency. But with PlasmaFinance, you can switch currency settings to your preferred fiat setting. All major national currencies supported.

DeFi for the masses

We’re very proud of the innovations we’ve brought to the space — especially given the fact that the majority of crypto users find it a daunting task to use available DEXs and AMMs. This is because DEXs assume a lot from users. They assume that users know how to make use of different DeFi mechanics, they leave out a lot of token and project information, leaving a mountain of fact-finding missions for beginners to go through first, and they ignore the fact that most retail users will be priced out of the many complex interactions that DeFi requires because of the high cost of gas fees on the Ethereum network.

The majority of our work in technical development has been to realize all of these aspects and make further improvements to the platform, to make PlasmaFinance the best DeFi aggregator and DEX out there.

We’re all about equipping you with the complete set of tools and means to make the most informed decisions in the DeFi space.

So check back often to find out what the latest features are and find out just how safe, simple and convenient DeFi can be with PlasmaFinance!