Plutus RDNT PLSRDNT

1. Summary

Ranks

Liquidity

-

Developer

-

Social

66

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29851)

Supply

0.00 / 1.41M

Tags

Arbitrum Ecosystem

More Metrics

Price
52W High price	$0.76
52W High date	10th Nov 2023 (1 year ago)
All Time High (ATH) Date	8th Jun 2023 (1 year ago)
ATH Price	$1.21
All Time Low (ATL) Date	20th Oct 2023 (1 year ago)
ATL Price	$0.36

Supply & Trading Volume
Total Supply	1.41M

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Description

Project Overview

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Project Overview

Plutus RDNT (PLSRDNT) is a liquid staking derivative for Radiant’s dLP token, operated by Plutus DAO. This derivative allows users to earn rewards on their staked assets while preserving liquidity and improving capital efficiency. By leveraging the power of Plutus DAO and its integration with Balancer and Radiant, PLSRDNT provides users with a liquid staking solution that combines staking rewards with additional yields through DeFi activity.

Key Features

• Liquid Staking Derivative: PLSRDNT is a derivative token representing users’ staked dLP tokens, allowing them to earn yields on their assets without locking them up.
• Integration with Balancer: The liquidity pool for PLSRDNT is built on Balancer, enabling users to benefit from automatically recycled yields and maximize ROI.
• Radiant’s dLP Token: PLSRDNT is specifically designed for Radiant’s dLP token, offering users a unique staking solution that integrates with the plaRDNT product.
• Maximized Liquidity and Rewards: By using Plutus DAO's governance aggregator, users can maximize their liquidity and rewards by leveraging the full potential of exotic liquid staking derivatives.

Benefits

• Increased Yield: Users can earn significantly higher yields through the combination of staking rewards and additional DeFi yields.
• Improved Liquidity: With PLSRDNT, users gain the freedom to trade or use their assets in various DeFi protocols without locking them up for staking.
• Capital Efficiency: The liquid staking derivative model enhances capital efficiency by minimizing the need for users to lock up their assets for extended periods.

Integrations and Ecosystem

• Plutus DAO: PLSRDNT operates under the governance of Plutus DAO, which focuses on maximizing user liquidity and rewards through its ecosystem.
• Balancer: The liquidity pool for PLSRDNT is hosted on Balancer, ensuring efficient yield distribution and maximized ROI.
• Radiant: PLSRDNT is specifically designed for Radiant’s dLP token, creating a seamless staking experience within the Radiant ecosystem.

In Summary

Plutus RDNT is a powerful liquid staking derivative that unlocks the full potential of Radiant’s dLP token. By combining staking rewards with improved liquidity and DeFi yields, PLSRDNT offers users a comprehensive staking solution within the Plutus DAO ecosystem.

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