Plenty Network Is Now Live

by | Jan 10, 2023 | Adoption, DeFi, Latest

Plenty DeFi and Wrap Protocol merged into a one-stop DeFi network: Plenty Network.

After months of rigorous testing mainnet is now live.

Only two features are left to be launched to complete the platform: Voting starts on the 12th and rewards start on the 19th.

Plenty Network

Plenty DeFi and Wrap Protocol merged into a one-stop DeFi network: Plenty Network. After months of rigorous testing mainnet is now live. 

Only two features are to be launched to complete the platform: Voting starts on the 12th and rewards start on the 19th.

Currently, the following features are live on mainnet: new UI/UX, PLENTY/WRAP migration to PLY, locking of PLY into veNFTs (collection on objkt.com), pool creation, and analytics.

You can now migrate your PLENTY and WRAP tokens for PLY. (1 PLENTY = 5.714 PLY and 1 WRAP = 3.092 PLY).

It’s important to understand that 50% of the migrated PLY will be automatically vested for two years. Vested PLY can be claimed daily.

You can now lock your PLY into veNFTs. Follow this tutorial to find out how: 

Read more about the innovative aspects of Plenty Network in our previous article that covers details like PLY’s value through utility, locking your PLY tokens in NFTs that allow for liquidity even though your tokens are now locked, bribing, boosting, and much more.

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