Plutus is proud to be a part of the second phase of #ArbitrumAdventure! 💚⚡️ With $3500 worth of $esPLS prizes and a unique Discord role on the line for the first 100 that complete the quest, make sure to check it out from the link below! 👇

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Arbitrum autumn is starting off with an adventure with the crew. 🍁🫡

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I think a reminder is in order that $PLS controls over 50% of $veDPX... 👀 We're heading in to Arbitrum autumn. 🫡

Plutus has voted to distribute up to 75M $ARB through January 2024 on the on-going "Arbitrum Short-term Incentive Program" Snapshot. ⚡️ Read on for our thought process behind the vote. 🗳️ Before that, first things first - a big shoutout to the entire working group! 🙏🏻👇

We're excited to unveil a proposal that's been under construction for quite some time... In short, we're proposing to activate $ARB staking and therefore unlock native yield for $ARB, putting it in a league of it's own when it comes to the competition.

Given the recent attention and misinformation that has been circulating around plsARB on Twitter, we've decided to put together a thread with all the facts. We'll go over what has actually happened and most importantly what our plan is moving forward. 🧵👇

Musings on $PLS V2 Tokenomics have yet to be perfected, but everyone is sleeping on the fact that $PLS V2 has set the bar for governance aggregators. The new system rewards takes notes from $CVX and $GMX but rewards long term holders better than any other model to date. Read on 👇 /dLuxGMI/status/1691064061809561600/photo/1 /dLuxGMI/status/1691064061809561600/media_tags The tokenomic upgrade was released a month ago now and couldn’t have gone any smoother. The new model is effectively a marriage of @ConvexFinance and @GMX_IO tokenomics that is most beneficial to long term players. Plutus is the first governance aggregator to utilize multiplier points (MPs) which creates intriguing implications. While early buyers of Convex were rewarded with great PA, yields from locking $CVX were the same across the board whether you locked Day 1 or just yesterday. This is where MPs come in to bridge the gap. The change that $PLS V2 sets for governance aggregators is the use of MPs that allows long term holders to accrue more power the longer they’re locked into the system. Early $PLS lockers were significantly rewarded with 300% MPs during the promotional locking period after release. The new V2 tokenomics are not just a marriage of past models, but the team has effectively created a tokenomic structure akin to a sustainable $OHM fork. The primary difference is that $OHM and its forks generated actual emissions (at ridiculous APYs) every 8 hours via rebases. Plutus now operates in a similar manner but these ‘emissions’ are sustainable and aren't liquid in that MPs. For the sake of the argument, MPs can be perceived as similar to rebases since they help you retain your share of the pie as long as you're locked into the system. The difference is that MPs aren't liquid the way that rebases were so mercenary capital is less of an issue. It won't be long until we see some insane $bPLS stacks as a result of MPs, some users are already approaching 100K MPs. As mentioned before, this isn’t a sustainability concern since multiplier points are contained emissions and will be burnt if a user decided to unstake. MPs will inevitably be golden handcuffs.

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There are 3 ways to get ahead: 1⃣ Add to your $PLS stack via locking or $esPLS. 2⃣ Compound $esPLS rewards at a faster rate which increases MPs earned. 3⃣ Wait for others to leave the system. This system is brilliant because unlike GMX, multiplier points aren't tied to a defined monetary bonus. Instead, Plutus MPs are a component in the system without a price that keeps you locked into the system if you believe in the abilities of the team and their direction. This model is a test case and it will be fascinating to see how it plays out. TLDR: Plutus created a sustainable $OHM fork where early and loyal holders are rewarded best like any good Ponzi does. P.S. Bribes and $ARB emissions are coming…

We're glad to announce that the plsARB/ARB LP will go live on @CamelotDEX on Saturday the 12th of August, with lucrative rewards starting a day after. 💰 For all the details and specific timeframes, please visit our Discord! 🙏🏻🫡

An absolutely massive 53% of all circulating $PLS is now locked in the $PLS V2 system in just a matter of a few short weeks. 🔒 Incoming bribes, $ARB rewards, 80/20 $PLS/$esPLS farm changes, boosts and more. ⚡️ $bPLS maxis rejoice. 🫡

The team at Silo are cooking up some VERY cool things with $plsDPX... 🤯

Congrats to our dear friends at @GMX_IO on their massive V2 release! ⚡️ It's clearly V2 season... 😉

Hello! It is I, the bearer of Good News! This is a news bulletin for all $PLS holders of the famous hole, I mean blackhole: @PlutusDAO_io ! Come join

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and grab your role for 1st access to our incentivized testnet!

A reminder that our bPLS thread contest ends this Sunday! As usual, the prizes are lucrative... 👇💰 1️⃣st place earns 2,000 $PLS 2️⃣nd place earns 1000 $PLS 3️⃣rd place earns 500 $PLS Check out our Discord for all the details! ✍🏻👀

Plutus is proud to be a part of The Arbitrum Odyssey 2.0 - an initiative from the community to reignite the original Arbitrum Odyssey. 🪐 The first Odyssey kickstarted #Arbitrum hype... what will the second one end up achieving? 👀 Stay tuned for more! 💚

Congrats to @RDNTCapital on their one-year anniversary! 💚 Through $plsRDNT, Plutus is the #1 on-chain protocol in terms of dLP holdings with 1.6M dLP locked forever! Those 1.6M dLP will soon be supercharging our $plvRDNT moat as well... 👀

Last week we locked 1,444,214 $PLS tokens into the newly released @PlutusDAO_io V2 contract. Let's take a moment to remember why this is HUGE power play👇