Plutus DPX ($plsDPX) can be minted through depositing $DPX token on Plutus. Plutus is an Arbitrum-native governance aggregator aiming to maximize users’ liquidity and rewards while simultaneously aggregating governance behind the PLS token. Plutus’ objective is to become the de-facto Layer 2 governance blackhole for projects with veTokens.
Minting plsAssets
- Users may deposit Jones, DPX or SPA into Plutus, which are locked forever as veJONES, veDPX or veSPA respectively
- Plutus returns a tokenized version of the asset as a plsAsset (plsDPX, plsJones or plsSPA)
Staking plsAssets
- With plsAssets, users can achieve exposure to veAsset rewards without having to lock their tokens. Through a liquid staking derivative, users can exit their plsAsset position for the respective token whenever they wish. With additional incentives on top of max-locked veAsset yield, plsAssets are always more lucrative and liquid compared to the the native option of max-locking an asset.
- plsAssets can be staked on Plutus to receive their respective platform's max-locked veAsset fees/single stake rewards, PLS emissions and a portion of yield from Plutus’ Productive Treasury
plsAsset Liquidity Pools
- Users are able to swap plsJones and plsDPX into Jones and DPX through plsAsset-Asset liquidity pools. A plsSPA liquidity pool will go live one month from the plsSPA launch.
- The liquidity pools are incentivized with PLS emissions, which users can receive by staking their plsAsset LP on Plutus.
