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plsAssets are related to governance aggregation and maximizing liquidity and rewards for users. Users may deposit DPX, ARB, RDNT, SPA or JONES into Plutus, which are locked forever as veDPX, ARB, RDNT dLP, veSPA or veJONES respectively. Plutus returns a tokenized version of the asset as a plsAsset (plsDPX, plsARB, plsRDNT, plsSPA or plsJONES).
With plsAssets, users can achieve exposure to max-locked rewards without having to lock their tokens. Through a liquid staking derivative, users can exit their plsAsset position for the respective token whenever they wish. With additional incentives on top of max-locked veAsset yield, plsAssets are always more lucrative and liquid compared to the the native option of max-locking an asset.
Plutus is an Arbitrum-native governance aggregator aiming to maximize users’ liquidity and rewards while simultaneously aggregating governance behind the PLS token. Plutus’ objective is to become the de-facto Layer 2 governance blackhole for projects with veTokens.
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