Plutos Network as a Staking Pool

Ifemini
3 min readNov 3, 2021

Liquidity is vital to every exchange market. The volume of liquidity in any exchange platform would determine the value of the assets traded on the platform. If liquidity goes down on any platform, the force of demand and supply will dwindle. It would also drag down the price of assets.

Several factors affect liquidity in the market. However, in the Defi, the availability and adoption of tokens and various channels available for transactions determine the value.

Expert says that Ethereum has a throughput of between 12 and 15 transactions per second and a block time between 10 and 19 seconds. It gives it the stability that makes it suitable for creating an order book.

For every activity on the smart contract, there is a need to pay a fee by the name, gas fee. The decentralized platform makes it easy to transact in the Defi without incurring much cost.

Plutos Pool Through PLUT Staking and minting, integrating liquidity from leading DEXes such as Uniswap, 1inch, Balancer, PancakeSwap, etc., Plutos Pool can offer infinite liquidity for users with the best trading experience and passive income. Pluto’s pool will improve liquidity by integrating on-chain off-chain functionalities.

Users will only need to stake PLUTS and mint assets such as pUSD to convert one asset to another or open long or short positions of leveraged contracts underlying various assets with no restriction.

The pool is more like the liquidity hack for any Defi. Without mass interest and adoption of a Defi platform, there will be limited liquidity on such a platform, and its value will drop drastically. Plutos Network solves this problem by creating multi-channel structures and several avenues for traders. With the reward system adopted on the platform, tokens are available to members.

YOU CAN BE ABLE TO JOIN THE STAKING POOL OF THE PLUTOS NETWORK AND STAKE YOUR PLUT TOKENS TO EARN MORE PLUT TOKENS. THE V5 STAKING POOL IS STILL LIVE, ACTIVE AND REWARDING USERS. https://v5staking.plutos.network/

USE THIS LINK TO JOIN THE MARSHMALLOW AND JELLYBEAN STAKING POOL. https://v5staking.plutos.network/

Also, You can join the Plutos Network ecosystem liquidity mining program that is live on PancakeSwap! $PLUT Liquidity Mining Rewards Program

In addition to the 0.3% trading fees earned, all whitelisted LPs will be qualified to earn their shares of the $30k worth of $PLUT tokens on a monthly basis, proportional to how much you contribute to the pool.

Join the liquidity mining program now! and learn more about the rewards here.

Learn more about Plutos Network here — https://linktr.ee/PlutosNetwork

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Ifemini

| followback | Blockchain & Crypto Currency | Hunter | Man Utd fan | Sound Engineer | Electrical Engineering |