Plutos Network V3 Synthetic Platform launches on Ropsten Testnet

Plutos Network is delighted to launch its V3 Synthetic Platform on Ropsten Testnet after months of design, development, testing, modifications, and polishing.

The community can now visit https://test.plutos.network/#/index and test drive!

Keynote Features

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

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

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