plsAssets focus on governance aggregation, with the goal of increasing liquidity and rewards for users. Users can supply DPX, ARB, RDNT, SPA, or JONES to Plutus, where these are permanently locked to form veDPX, ARB, RDNT dLP, veSPA, or veJONES. Plutus then provides a tokenized representation of each deposited asset as a plsAsset (plsDPX, plsARB, plsRDNT, plsSPA, or plsJONES).

Using plsAssets, users gain exposure to max-locked rewards without having to lock their original tokens themselves. Via a liquid staking derivative, users can leave their plsAsset position and receive the matching token whenever they choose. Along with extra incentives layered over the max-locked veAsset yield, plsAssets are positioned as both more rewarding and more liquid than the native alternative of max-locking an asset.

Plutus is an Arbitrum-native governance aggregator designed to enhance users’ liquidity and rewards while also bundling governance support around the PLS token. Its aim is to become the standard “governance blackhole” on Layer 2 for projects that use veTokens.