PlutusDeFi (PLT) is a comprehensive DeFi aggregator that combines applications and multiple DeFi products into a single platform, focusing on user experience, design, privacy, and anonymity.

PlutusDefi never dreamed small. Decentralized finance is a belief in absolute freedom. Every other DeFi project or startup is a half-step towards actually wresting control from potentially corrupt bankers and financial institutions. PLT is the solution to true prosperity and sovereignty for all with their strong focus on protocol-level anonymity privacy.

The structure of the PLT . ecosystem

The structure of the PLT ecosystem is divided into four main parts:

Product class

This is a collection of decentralized applications that are extremely easy to use for businesses and users. It includes four current Plutus DeFi products:

• Learn and make money

This seems to be the current mainstream product of PlutusDeFi. It allows users to quickly borrow crypto assets with just three basic steps. Users have many options to find the best interest rate that suits them.

Besides, users can earn up to 15% APR (annual interest rate).

• Payroll and payment

Businesses can transfer salaries to customers, employees, partners with tokens with just one click without having to know about blockchain.

• Derivative products

Users deploy and use DeFi derivatives with clear transparency, without risk.

• DeFi as a Service

Easily integrate smart contracts into exchanges, wallets and other service providers.

Composite class

It provides smart contracts and unique interface to create the best source of liquidity and pricing for businesses when borrowing.

Protocol layer

PlutusDeFi has developed its own payment protocol to support lending, derivative products, exchanges, etc., making it easy for users and businesses to use without any other difficulties.

Base class

Its purpose is to find out the uniqueness and strengths of each blockchain to upgrade and perfect the platform.

For example, Ethereum is used for its programmability, Facebook’s Libra for distribution and Binance DEX for liquidity.

Characteristic

Completely anonymous

Solutions that put decentralization and anonymity first, putting users in control of their digital identities.

Privacy on DeFi

They integrate on-chain and off-chain privacy solutions to protect private transactions from prying eyes.

Self-made rich

If it’s not your key, it’s not your money. Take control of your crypto with a non-custodial solution and withdraw your funds at any time.

On-chain and off-chain privacy

From ToR and OpenVPN to Offshore VPNs and attack-proof servers.

DeFi on the Dark Web

User-level security, market-level transparency

On-chain security protocols

Public transactions leave users vulnerable to snooping. Using next-generation privacy protocols, Plutus seamlessly integrates privacy options for everyone.

What are PLT tokens used for?

In the PlutusDeFi network, PLT tokens are used for the following purposes:

Burn

55% of tokens collected from network fees will be burned. This will increase the value of PLT in the future.

Network fee

When users use platform services such as lending, smart contracts, swaps, etc., they need to use PLT tokens to pay network fees.

Administration

Users who own PLT tokens can vote for the development of the project.

Staking

Users can earn PLT tokens by depositing coins on the network. Their mission is to lend, validate transactions, smart contracts, and receive rewards in return for their contributions.

How does Plutus work?

Plutus is a protocol that unifies blockchain infrastructure and leading DeFi protocols by standardizing their communication to create and execute complex financial transactions, while leading the way in anonymity. , privacy and sovereignty.

While it is transitioning between multiple lending protocols, trading through multiple decentralized exchanges, or using multiple base-layer chains, Plutus plans to be at the center of it all.

Development team

Arnie Hill Head of Strategy and Marketing Department. He also acts as the founder. Arnie is a partner at Obsidian Capital and has invested in 31 blockchain companies.

Ali Hararwala Co-founder and head of product and operations. He has worked at a number of companies including Citibank, Oracle, Nissan, Publicis, GoldMoney, Louis Dreyfus and the NHS.

Ali Zain is the Technical Smart Contract Team Leader. He has more than 4 years of experience in blockchain development, especially in Ethereum and HyperLedger.

Conclude

PLT is a collection of DeFi products and applications available on the market today. The project allows users to search and compare the best loan interest rates of different properties.

The team at Plutus DeFi wanted to create a system that brings together different protocols. By unifying these systems simply by standardizing the communication between them, it is possible to seamlessly create and execute complex financial transactions. Plutus DeFi aims to be at the center of it all for the benefit of the casual DeFi investor, looking for the best deals.

According to AZCoin News

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