1. Proposer Details
Project name:
Plutus
Email:
contact@plutus.fi
X account:
@plutus_fi_x
Best Telegram Handle for questions/fixes:
@HerrGertrud
2. Protocol details
Protocol name
Plutus
Protocol description
Liquidity, Yield, and Stability — chains simplified.
Parent protocol for Orange Finance, Berancia, Deep Thought, and LPfun.
Plutus provides delta neutral yield strategies, simple interfaces for advanced strategies, and a berachain native algorithmic stable coin plsHONEY
Protocol URL
Protocol logo URL
3. Reward Vault and Staking Token Details
Vault name
Kodiak - PLUTUS | WBERA 0.3% Island
Reward Vault Address
0x9e4ff9F6f255eCb3fb3937e81439a2c69377F3af
Logo URL
Staking Token contract address
0xe38e2273df9ca6f2cd6f2ea0b13399e65bf799f1
Addresses controlling more than 20% of supply:
Is the staking token located on BEX?
non-BEX
Specify protocol where Staking Token is located
Kodiak
Link to where the Staking Token is located
Audit link of protocol where pool is located
Existing Liquidity / TVL
$110k
Describe how a user should acquire this staking token
Provide liquidity to Kodiak PLUTUS-WBERA Island.
4. Reward duration manager
Reward duration manager address
0x470142ef42aeb7652e8787697938c4a0d530f237
5. Tokens information
** List Tokens Names**
Plutus Token, Wrapped BERA
List Tokens Symbols
PLUTUS, WBERA
List contracts addresses
PLUTUS berachain: 0x6698ede14709a9dd8379744cc2d28f276e3d2eac, PLUTUS arbitrum: 0x8c1ea32448e09a59f36595abec6207c9ebd590a2, WBERA: 0x6969696969696969696969696969696969696969
6. First incentive token
** What is the first incentive token**
BERA
7. First incentive token final questions
Specify how many tokens per week you plan to allocate for incentives
69
Specify for how many weeks you plan to allocate incentives
20
Outline how decisions about token incentives are made
DAO controlled Multisig
Incentive Manager Address
0x470142ef42aeb7652e8787697938c4a0d530f237
8. Do you want to add another incentive token?
yes
9 Second incentive token
** What is the name and token symbol of your second incentive token**
Plutus token (PLUTUS)
10. Second incentive token final questions
Specify how many tokens per week you plan to allocate for incentives
4200
Specify for how many weeks you plan to allocate incentives
20
Outline how decisions about token incentives are made
DAO controlled Multisig
Incentive Manager Address
0x470142ef42aeb7652e8787697938c4a0d530f237
11. Do you want to add a third incentive token?
No
12. Growth, Community & Ecosystem impact
Why this contract matters
This contract deepens liquidity for WBERA and ties it to other major assets through the PLUTUS OFT thus also stabilising it.
PLUTUS also has a yield bearing governance token xPLUTUS which will drive demand for PLUTUS and thus its native pair WBERA.
Plutus with its native token deepening liquidity on Berachain is the first step in providing services and vaults on the chain driving utility along with liquidity.
Potential volume / TVL
150-300k USD at current prices (1.69/BERA) with 110k from Plutus PoL and 60k worth being open in PLUTUS bonds dedicated to seeding berachain liquidity in this range.
Synergies with other protocols
Plutus works together with Stryke, Kodiak, and Dolomite at the core. We also co-own Berancia and Orange Finance -all of which are Berachain ecosystem plays.
We also are in active chats with broader and less official circles of berachain projects.
** Marketing / promotion**
Apebond PLUTUS bonds campaign is ongoing. Kodiak co-marketing on the Islands and future products and pools.
Long-term vision
This specific vault is and will evolve along with the protocol to be a central gravity point for Plutus’ protocol liquidity.
We already utilise a lot of the ecosystem on berachain and having our protocol token tied to the native token of the chain solidifies that commitment.