PlutusDAO is a governance aggregator on Arbitrum. A governance aggregator is a decentralized protocol that creates seamless governance experience across different protocols. Released in 2022, PlutusDAO has already worked with other major Arbitrum protocols such as Dopex (DPX), GMX (GMX), JonesDAO (JONES), and Sperax (SPA) for governance aggregation. In the long run, PlutusDAO wants to be the governance blackhole for Arbitrum.
PlutusDAO has two main product offerings:
- plsAssets help with governance and liquidity aggregation. They allow users to deposit tokens of PlutusDAO partners and earn rewards without having their tokens locked.
- plvAssets are vault products that aim to maximize rewards and convenience. Users can deposit a certain type of liquidity provider token from the GMX protocol called GLP into PlutusDAO to generate yields. These tokens can be withdrawn anytime.
The economy and governance of PlutusDAO revolves around the PLS token. Holders of PLS enjoy many economic benefits besides the rights of governance participation.
PLS’s total supply: 100,000,000
PLS’s circulating supply: 10,830,000
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Spot market
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