Plutos Network — A multi chain synthetic issuance and derivative trading platform

Cytpoway
3 min readNov 2, 2021

The year is 2021, and DeFi has been of immense advantage to individuals around the world. With DeFi, the world has been able to leave behind traditional ways of handling financial matters and also DeFi has aided fast track of transactions for businesses.

With the introduction of DeFi, we have able to evade the difficulties put in place by Centralized exchanges, because DeFi brought about several kinds of Decentralized Exchanges where users do not need to do kyc to trade at all.

There are 2 faults that i can point out from DeFi is that there are lots of projects that are based on a single network chain, such as pancakeswap for bsc, and uniswap for etherum network etc

While secondly, inability for DeFi dexes to integrate synthetic trading amongst others to their exchange.

To put it straight, this is why i am sharing with us Plutos Network, A decentralized multi chain platform that enables synthetic and derivatives trading for users on the BSC network, Polkadot, Avalanche and the Solana network ecosystem.

What is Plutos Network?

Plutos Network is a decentralized multi chain synthetic issuance and derivative trading platform; that offers platform users mining incentives and staking rewards for plut holders.

With Plutos Network integrating the BSC network, Polkadot network and the Solana network ecosystem to the platform, users get to enjoy synthetic and trading services with wide range is sustainable synthetic products which are disruptive to the traditional kinds of derivative market.

Why Plutos Network?

If we compared the size of derivatives market in the traditional industry to the recent developments in DeFi, We will realize that there is enormous potential for growth and a series of achievable development for crypto derivatives.

Why do i believe this? Truth is that tokenized financial products on the blockchain will always offer better solutions (for users) that make assets more accessible, secured when transacting and also propertied.

And with Plutos Network Platform, you get all these resolved very very easily.
Want to learn more?

Visit the webpages below — https://linktr.ee/PlutosNetwork

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