PlutoPluto Paper
Pluto is an innovative reserve currency design. It is a financial instrument resistant to bear markets that provides long-term and planned growth in the market price of an asset.TreasuryThe main metric of the protocol is the growth of the collateral value of each PLUTO token. The collateral is implemented by the Treasury, where parameters are controlled by voting, and can also change automatically depending on market figures. The mathematical model of Pluto is mostly focused on Treasury growt...
PlutoPluto Roadmap
This article covers the process of launching and placing in orbit the Pluto reserve currency, a DeFi-innovation on Waves blockchain. You can read more about its mechanics in the White Paper.1. PLUTO MintingLaunching the protocol implies the need for initial Treasury in order to establish the basic Backed Price. The Treasury will be raised by means of PLUTO pre-sale, the so-called minting operation. The optimal size of the initial Treasury is 1 million USDN. Estimate: July 7-132. PLUTO Protoco...
PlutoPluto Master Plan
PLUTO is a reserve currency that combines DeFi mechanics into a unique model allowing for sustainable storage of funds on the blockchain. At their core, reserve currencies are stablecoins rivals that offer a predictable growth model and stable income with staking. Pluto Protocol has been launched in Summer 2022 and it has already managed to prove its functionality: almost 1 million tokens issued, x2.5 price growth since launch, all while offering 80 to 120% staking APY. At the same time, the ...
Reserve currency built on the Waves blockchain
PlutoPluto Paper
Pluto is an innovative reserve currency design. It is a financial instrument resistant to bear markets that provides long-term and planned growth in the market price of an asset.TreasuryThe main metric of the protocol is the growth of the collateral value of each PLUTO token. The collateral is implemented by the Treasury, where parameters are controlled by voting, and can also change automatically depending on market figures. The mathematical model of Pluto is mostly focused on Treasury growt...
PlutoPluto Roadmap
This article covers the process of launching and placing in orbit the Pluto reserve currency, a DeFi-innovation on Waves blockchain. You can read more about its mechanics in the White Paper.1. PLUTO MintingLaunching the protocol implies the need for initial Treasury in order to establish the basic Backed Price. The Treasury will be raised by means of PLUTO pre-sale, the so-called minting operation. The optimal size of the initial Treasury is 1 million USDN. Estimate: July 7-132. PLUTO Protoco...
PlutoPluto Master Plan
PLUTO is a reserve currency that combines DeFi mechanics into a unique model allowing for sustainable storage of funds on the blockchain. At their core, reserve currencies are stablecoins rivals that offer a predictable growth model and stable income with staking. Pluto Protocol has been launched in Summer 2022 and it has already managed to prove its functionality: almost 1 million tokens issued, x2.5 price growth since launch, all while offering 80 to 120% staking APY. At the same time, the ...
Reserve currency built on the Waves blockchain
Subscribe to Pluto
Subscribe to Pluto
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
Pluto Protocol has launched its core token, PLUTO, designed to be a reserve currency resistant to bear markets. You can now exchange Waves-based tokens into PLUTO across three decentralized exchanges: Waves Exchange, Puzzle Swap, and SwopFi. The token launch is the first step, with the launch of the Pluto Protocol coming later this week.
The Pluto token gets its value from the collateral held in the treasury, so minting the first PLUTO tokens is necessary before launching the protocol. Once the protocol launches, users can use their PLUTO tokens to earn additional rewards via staking.
https://mirror.xyz/0x409981e2C0370AA0790CCd4AC90F1143D2a01886/o_0EurkKH4Fumfk5u_9P8EP92WwNQ-pwE_LGnduL-EY - roadmap link
PLUTO token is on sale on three decentralized exchanges: Waves Exchange, Puzzle Swap, and Swop.fi. Users can get PLUTO by exchanging USDN or USDT.
All the collected funds will go into the protocol's treasury, enabling price discovery for the PLUTO token based on the value of all collateral in the treasury. Any unsold PLUTOs will be burned.
600,667 PLUTOs are on Waves Exchange in USDN and USDT pairs: sell orders are at intervals between 1-3 USDN price range (or the equivalent in USDT). PLUTO buyers can immediately see them on other exchanges, perform trades, and use them for staking once the protocol is launched.
Swop.fi's launchpad has another 62,000 PLUTOs. SWOP token stakers and other participants can buy PLUTO tokens at a fixed price. The launchpad will last several hours, after which the remaining PLUTOs will be distributed as a lottery.
Puzzle will launch a PLUTO "parent pool," where users can bring their tokens for liquidity mining. Moreover, users will be able to create their own megapools with PLUTO token to earn additional APY.
…
This launch will allow PLUTO to include and encourage the development of several key projects on Waves: USDN, WX, Puzzle, and Swopfi. Besides that, the project hopes to get the Waves Ecosystem users' support so that the protocol launch can help bring greater stability and independence to the whole ecosystem.
The Pluto protocol will launch in the nearest future (the exact date is yet to be revealed), but some part of it will be active from the get-go, namely the market-making algorithm, which maintains PLUTO's price between backed and max price. More info on that is in the paper and tutorials.
Join the project's communities on Twitter and Telegram to become a part of the Pluto trip crew!
Pluto Protocol has launched its core token, PLUTO, designed to be a reserve currency resistant to bear markets. You can now exchange Waves-based tokens into PLUTO across three decentralized exchanges: Waves Exchange, Puzzle Swap, and SwopFi. The token launch is the first step, with the launch of the Pluto Protocol coming later this week.
The Pluto token gets its value from the collateral held in the treasury, so minting the first PLUTO tokens is necessary before launching the protocol. Once the protocol launches, users can use their PLUTO tokens to earn additional rewards via staking.
https://mirror.xyz/0x409981e2C0370AA0790CCd4AC90F1143D2a01886/o_0EurkKH4Fumfk5u_9P8EP92WwNQ-pwE_LGnduL-EY - roadmap link
PLUTO token is on sale on three decentralized exchanges: Waves Exchange, Puzzle Swap, and Swop.fi. Users can get PLUTO by exchanging USDN or USDT.
All the collected funds will go into the protocol's treasury, enabling price discovery for the PLUTO token based on the value of all collateral in the treasury. Any unsold PLUTOs will be burned.
600,667 PLUTOs are on Waves Exchange in USDN and USDT pairs: sell orders are at intervals between 1-3 USDN price range (or the equivalent in USDT). PLUTO buyers can immediately see them on other exchanges, perform trades, and use them for staking once the protocol is launched.
Swop.fi's launchpad has another 62,000 PLUTOs. SWOP token stakers and other participants can buy PLUTO tokens at a fixed price. The launchpad will last several hours, after which the remaining PLUTOs will be distributed as a lottery.
Puzzle will launch a PLUTO "parent pool," where users can bring their tokens for liquidity mining. Moreover, users will be able to create their own megapools with PLUTO token to earn additional APY.
…
This launch will allow PLUTO to include and encourage the development of several key projects on Waves: USDN, WX, Puzzle, and Swopfi. Besides that, the project hopes to get the Waves Ecosystem users' support so that the protocol launch can help bring greater stability and independence to the whole ecosystem.
The Pluto protocol will launch in the nearest future (the exact date is yet to be revealed), but some part of it will be active from the get-go, namely the market-making algorithm, which maintains PLUTO's price between backed and max price. More info on that is in the paper and tutorials.
Join the project's communities on Twitter and Telegram to become a part of the Pluto trip crew!
No activity yet