Plutos Network February 2022 Update

PlutosNetwork
plutosnetwork
Published in
3 min readFeb 28, 2022
Plutos Network February in review

The team are continuously working hard to drive forward Plutos Network to add value in the space. February represents a month of key product developments, partnerships and progress.

Monthly Highlights

  • v3.0 Synthetic platform tested on the Ethereum testnet Ropsten.
  • Our v3.0 Synthetic trading platform passes @peckshield auditing.
  • Our all-new NovelSwap DEX officially launches on @PublicMint blockchain mainnet and opens trading.
  • Integration plans for the @myMessageEN decentralized SocialFi messaging app into our synthetic platform to offer enhanced user engagement and communication whilst trading.
  • Plutos Rewards. Winner list rewards users of our Synthetic platform with the largest weekly borrowing amounts.
  • Learn about NovelSwap, our all-new DEX in under 1 minute video.

Technical Development Updates

Plutos Network v3.0 Synthetic System passes Peckshield audits.
  • v3.0 Synthetic platform tested on the Ethereum testnet Ropsten. v3.0 will introduce an all new trade functionality with new assets to be introduced on a monthly basis.
  • Our v3.0 Synthetic trading platform passes @peckshield auditing. The Plutos Network Synthetic trading functionality passes highly regarded Peckshield audits. See it on Github
  • Our all-new NovelSwap DEX officially launches on @PublicMint blockchain main net and opens trading. The next-generation DEX (DEX2.0) is built from the ground up and is not a fork of Uniswap, which inherently creates unparalleled advantages:

⚡️ Fair trading fee model — ZERO buyer fee and sellers charged 0.5%
⚡️ Part of trading fee incurred on DEX is used for $PLUT buyback
⚡️ Public Mint’s low-cost + fixed gas fee are capped at only $0.06 to buy + $0.15 to sell regardless of amount
⚡️ The fastest swaps at only average 4 seconds

Find out more.

Ecology Development

MyMessage partnership with Plutos Network
  • Integration plans for the @myMessageEN decentralized SocialFi messaging app into our synthetic platform to offer enhanced user engagement and communication whilst trading. New staking pools to released:

🍬Peppermint — stake $MESA to earn PLUT up to 150% APR
🌹Rosemary — stake $PLUT to earn MESA up to 120% APR

“We see collaboration with myMessage as a giant step forward for us to continuously improve our user experience + integrate with SocialFi for better user engagement. Socializing trading will make our V3 Synth Platform stand out among competitors.”

Juan Capilla, CEO — Plutos Network.

  • Plutos Rewards. Winner list rewards users of our Synthetic platform with the largest weekly borrowing amounts. Receive rewards 30 days from staking. Up to $1000 $PLUT weekly in our incentive plan.

Enter Vault here.
Details here.

Marketing and PR

  • Learn about NovelSwap, our all-new DEX in under 1 minute.
NovelSwap explained in 1 minute.

DEX 2.0 is developed in-house by our developers, maintaining key advantages to the majority of Uniswap forked DEXs.First launched on @PublicMint blockchain mainnet .

Watch here.

Join us:
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PlutosNetwork
plutosnetwork

Multi-chain Synthetic Asset Issuance & Trading, Your One-stop Marketplace for Crypto Derivatives