Plutos Network V3 Synthetic Platform launches on Ropsten Testnet

After months of design, development, testing, improvements and polishing, TODAY we are thrilled to launch our V3 Synthetic Platform on Ropsten Testnet!

Users can now visit https://test.plutos.network/#/index and test drive! 🎉

Keynote features

• We become the first DeFi synthetic platform which introduces a voucher token CHIP used in the tradings. CHIP will be a voucher token which facilitates user tradings as a benchmark of values during transactions.
• We developed our User Dashboard for users to get real-time info on their tradings and positions.
• Rankings will be displayed. In the near future, when we launch V3 on Ether mainnet, user rewards will be offered for users with highest trading volume, highest ROI, etc, as the incentives to attract more users to our platform.

Tutorials and Guidelines

• Users can check the detailed tutorials here: https://plutosnetwork-1.gitbook.io/plutosnetwork/product/v1.0-user-doc-guidelines-and-tutorial
• In order to facilitate users to test the V3 platform on Ropsten, team developed a faucet where users can claim up to testnet $10,000 pUSD.

Step 1
Click “Get CHIP” — “pUSD Faucet” and initiate a trading to claim the testnet pUSD tokens. Upon success, the users can claim up to 10,000 testnet pUSD. (* User can make multiple claims)

Step 2
Add pUSD token in your MetaMask wallet

Testnet pUSD contract address: 0x59a9bda10d60dD893eE1089AE0782B41BE1b1652

pUSD balances will be displayed when users add pUSD contract address in the wallets.

Future Plans and Continuous Improvements

• The team will collect feedback from test users for continuous further improvements in regards to user experience, functionalities, species of trading assets etc.
• Under testnet V3, there are only assets like BTC and ETH are supported and the pricing is set manually. When we launch the mainnet, pricing will be fed via oracle. More assets will be supported, including stocks, swaps etc. Plutos AMM mechanism and integration with leading DEXs will eventually offer “infinite liquidity” for the best trading experience.
• The team will then move to Ether mainnet upon test succession. After which, team will be focusing on building Plutos Network into a true Multi-chain DeFi Synthetic Hub to integrate chains such as Solana, Matic, Avax etc. for further development of Plutos Network ecosystem.
• The team will focus efforts after V3’s mainnet launch on marketing and branding to drive for user acquisition and growth.

And, last but not least, we thank every community member who continues to be supportive, patient and understanding as we have been working hard to build Plutos Network. We thank you! Besides the weekly Mint Reward, Plutos Network will introduce more user incentives in the future as a pay-back to our dear community.

With love 💖

Team Plutos

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 Avalanche, 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.

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