⁃ Plutos Team $Plut Burning
⁃ How users can access $Plut.
⁃ The mobile version of Plutos Network Synthetic System
1. PLUTOS TEAM $PLUT BURNING
$TOKEN Burning: It is the act of sending a cryptocurrency tokens to a wallet that has no access key. Without the private key, these tokens cannot be accessed by anyone and are lost forever.
To show our full confidence over the long-term
development of PlutosNetwork, The team
burnt 50% of the team tokens.
What is the need to burn a coin?
There are different reasons to burn cryptocurrency coins. It is known to directly incentivise and reward a project’s investor base. Coin burns directly affect the dynamics of supply and demand. The most notable objective is to create a deflationary effect. By reducing the overall number of tokens in circulation, these events make tokens scarce and boost the cryptocurrency’s valuation.
2. HOW USERS CAN ACCESS $PLUT
There are currently two ways to access the PlutosNetwork Token ($PLUT)
⁃ MEXC Global - https://www.mexc.com/exchange/PLUT_USDT
⁃ PancakeSwap - https://pancakeswap.finance/swap
MEXC Global is a leading cryptocurrency exchange, has evolved to become far more than a place to trade tokens. In recent months, they have mobilized their resources to offer expanded services from incubation to IDOs along with the listing of digital assets.
PancakeSwap is a decentralized exchange that allows you to trade cryptocurrencies and tokens without a centralized intermediary, keeping custody of your tokens all the while. It is built on automated smart contracts deployed on Binance Smart Chain, the blockchain platform run by crypto exchange Binance.
3. THE MOBILE VERSION OF PLUTOS NETWORK SYNTHETIC SYSTEM UPGRADE
Among the numerous new features introduced as the version 2.0 of the Plutos Synthetic system launches has included:
iOS and Android adaptions. Users can use the system in mobile devices by connecting MetaMask App and WalletConnect.
Optimization and improved user interface and Automation of borrowing upon users depositing collaterals are other features of the new version 2.0 Synthetic System.
ABOUT PLUTOS NETWORK
Plutos Network is a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Solana, Polkadot, and BSC, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.
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