Platypus Beta Launch Scheduled On 14th January 2022

Published on: 08.01.2022

After releasing some much needed PTP liquidity into the market, the Platypus team is delighted to announce the beta launch will be on 14 Jan 2022 9am UTC on the lightning fast Avalanche network.

There are a few key features that will go live with beta launch:

  1. Platypus will remove the US$10m liquidity pool cap from the alpha launch. Investors can now provide as much liquidity as they can to begin earning interest and rewards
  2. Liquidity mining will become available. The accepted stablecoins are USDT.e, USDC.e, DAI.e, and MIM.
  3. Liquidity providers will earn PTP from Base Pool by depositing any of the four listed stablecoins (for now).
  4. Staking PTP will also enable liquidity providers to receive rewards from our Boosting Pool via vePTP mechanism.

ABOUT Platypus Finance
The Platypus Finance protocol is a single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche blockchain.

RESOURCES
Medium

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