Plutos Network launches Synthetic System V1.0 on Ropsten & offers $10,000 to users who test the product and offer feedback for improvements 🔥🔥🔥

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plutosnetwork

4 min readSep 30, 2021

☂️ Plutos Network Synthetic System V.1 is now LIVE on Ropsten! 🚀

Users can now trial our system. We welcome all users to give us suggestions that can help with our continuous product improvement! $10,000 of PLUT tokens as rewards will be sent out to the winners! 🎁

After more than 6 months of product design and development, we are super excited to present our users with the Plutos Network Synthetic System V1.0🚀

Starting now, the V1.0 System will first run on Ropsten for a period of 3–4 weeks for bug finding and fixing, with improvements and polishing being made, V1.0 System will be running officially on Ethereum. Then, as planned in our Roadmap, team will start migration to Solana and integrate more leading chains such as Terra, Polygon etc in Q4 this year.

Today’s V1.0 Launch is only one of the great milestones in the continuous growing and development of Plutos Network into a fully grown DeFi Synthetic Hub for users to issue and trade a large variety of synthetic products, with user-friendly UX and high-end trading experience.

To celebrate the V1.0 Launch and deliver on our promise of an user-first approach, Plutos Network is thrilled to introduce our Bounty Program with a total prize pool of $10,000 in PLUT tokens to distribute to the users who test our V1.0 and give us suggestions which can help with continuous improvements of our product!

Enter the Bounty Event! 👇

Try Plutos Network V1.0 & Share a $10,000 Reward Pool by Giving us your Suggestions!

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Rules 👇

We will select a total of 45 winners based on the suggestion quality, possibility of execution, value for product improvement of their suggestions, assessed by Plutos team of developers and engineers.
It will be a tier-level reward program. We will give scores based on aforesaid criteria and select the winners in various tiers. Details are as follows:

V1.0 User Tutorial

Plutos Network Synthetic System V1.0 is now live on Ropsten test net. Please refer to the below tips to prepare for the testing.

Click the “APP” at the upper right corner of the homepage, you will be directed to the app page (Or, visit https://app.plutos.network/#/index).

Connect the wallet

Make sure you are connected to BSC testnet before entering the “Bridge”.
Check how to connect to BSC testnet here: https://medium.com/spartanprotocol/how-to-connect-metamask-to-bsc-testnet-7d89c111ab2

After you set up your wallet in BSC Test-net, you can claim a maximum of 1,000 testnet PLUT tokens in the “FAUCET” in order to test our product. Just click it and you will get them in your wallet!

🔥 (Testnet PLUT tokens can be redeemable into real PLUT tokens through https://testnetbridge.plutos.network/ which will be reopened after maintenance is completed. ）🔥

Note: there will be a 0.3% fee by using our Bi-directional ETH-BSC Bridge.

After you swap BSC test-net PLUT tokens into Ether test-net tokens, switch your wallet to Ropsten network, after which you will need to claim test Ether on Ropsten for further process as the V.10 runs on Ropsten. How to get test Ether on Ropsten: Ropsten Authenticated Faucet.

Ropsten Network Tutorial👇
https://www.openattestation.com/docs/appendix/ropsten-setup/
For the rest of the steps, please follow the instructions here in the User Doc 👇
https://app.gitbook.com/@plutosnetwork-1/s/plutosnetwork/product/v1.0-user-doc-guidelines-and-tutorial
For user disclaimers, please check👇
https://app.gitbook.com/@plutosnetwork-1/s/plutosnetwork/product/v1.0-disclaimers

Enjoy your test drive and feel free to ask any questions that you have in our Telegram & Twitter.

The team is always happy to answer and support!

About Plutos Network

Plutos Network is a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Solana, Polkadot, and BSC, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.