THE SEPTEMBER SUCCESS STORYLINE OF PLUTOS NETWORK
SWAP BRIDGE V1 LAUNCHING - 1st SEPTEMBER, 2021
The testnet faucet airdrop and testnet staking were successfully concluded, scalability was tested and made ready for mass application. This bridge was made for users who hold testnet tokens to swap into mainnet $PLUT.
PLUTOS NETWORK AMBASSADOR PROGRAM - 3rd SEPTEMBER, 2021.
Plutos Network launched it Ambassador Program which is aimed to identify leaders in the community passionate about Plutos Network, synthetics, Solana, Polkadot, BSC and investing. The program has so far helped spread the word about Plutos Network in local areas and provide support to new users.
Plutos Network potential Ambassadors are basically contributing through four key areas.
1. Event management
2. Content creation
3. Translation
4. Community moderation.
With participation permitted in as many areas as the potential Ambassadors can afford.
PLUTO PARTNERSHIP WITH ZILLIQA - 14th SEPTEMBER, 2021
Multi-chain DeFi synthetic hub, Plutos Network, announced the establishment of a strategic partnership with Zilliqa — a leading public blockchain that is fast, cost-effective and completely secure with its own smart contract language, Scilla. Both sides are consistently working to pull technical development efforts together to co-build a stronger DeFi synthetic ecosystem. Both sides are presently working together in terms of global marketing and community growth.
Zilliqa is offering support as a solid technical infrastructure for future integration of Plutos Network’s synthetic market into the Zilliqa ecosystem. The integration will further reinforce the advantages of Plutos Network as a multi-chain based synthetic marketplace, with faster transactions, fortified security and scalability through Zilliqa’s unique sharding technology.
PLUTOS NETWORK INITIATES PROMETHEUS - 16th SEPTEMBER, 2021
With PROMETHEUS, The Plutos Network SaaS program can support both ETH & BSC assets By participating, partner projects will need to be approved, as Plutos Network is obligated to offer our users the highest of quality assets. There will be an application process for joining Plutos “Prometheus”.
PLUTOS NETWORK AMA WITH ZILLIQA - 20th September, 2021. 2PM UTC.
Dr. Amrit Kumar discussed the new partnership with ZILLIQA and their project specific developments. A $300 $ZIL #airdrop was given out at the end of the AMA Session.
PECKSHIELD AUDITING- SEPT. 24th
An enormous achievement was attained as the Plutos Network synthetic V1. Systems passed the highly Peckshield regarded audits.
The Plutos Network was audited by Peckshield and it was successful. With these, the Pluto Network was certified ready to deploy its Synthetic system V1.0 for trading derivatives and synthetic products and assets.
PLUTOS NETWORK LAUNCHED LIQUIDITY REWARD PROGRAM- 28th SEPTEMBER, 2021
Plutos Network launched a liquidity mining program to reward PLUT/BNB liquidity providers on PancakeSwap. As part of the Lauch, PLUTOS NETWORK set aside a reward pool of $30k worth of $PLUT tokens per month for participants (a total prize pool of $90k worth of $PLUT tokens) for the first LP reward program!
The primary aim for the Liquidity Rewards Program is to bootstrap the necessary liquidity to minimize costs/slippage and build long-term value for our ecosystem by incentivizing PLUT LPs with rewards.
MAIN PROGRAM LAUNCH- SEPT. 30th
V1.0 SYNTHETIC SYSTEM Launch came into existence as only one of the great milestones in the continuous growing and development of Plutos Network into a fully grown DeFi Synthetic Hub for users to issue and trade a large variety of synthetic products, with user-friendly UX and high-end trading experience.
The V1.0 System is expected to run on Ropsten for a period of 3–4 weeks for bug finding and fixing, with improvements and polishing being made, V1.0 System will be running officially on Ethereum. Then, as planned in the Roadmap, Plutos Network team will start migration to Solana and integrate more leading chains such as Terra, Polygon etc in Q4 2021.
To celebrate the V1.0 SYNTHETIC SYSTEM Launch and deliver on our promise of an user-first approach, Plutos Network introduced Bounty Program with a total prize pool of $10,000 in PLUT tokens to distribute to the users who will test the V1.0 SYNTHETIC SYSTEM and give useful suggestions which can help with continuous improvements of all products and services offered by the PLUTOS NETWORK.
About PLUTOS NETWORK
Plutos Network is a decentralized cross-chain derivative issuance and trading platform which provides infinite liquidity based on the schemes of Staking and Minting and leading Blockchains like Solana, Polkadot and BSC. With Plutos, all users can have access to synthetic assets from both traditional financial market and the crypto market. By enabling cross-chain and on-chain functionalities, Plutos will be able to deliver keynote features such as scalability, high interoperability, low cost of transactions, offering the perfect solution for current DeFi derivative market to difficulties and limitations such as high gas fee, low transaction speed, vulnerability of hacking such as flash loan etc.
For more information visit;
Official Website
plutos.network
Official Email
official@plutos.network
https://twitter.com/PlutosNetwork
Medium
PlutosNetwork
Telegram
https://t.me/plutosnetwork
