Plateau Finance — a smart profitability optimizer platform that allows users to host LP tokens, issued from AMM, in vaults that collect and re-stake their LP token rewards for a stack effect automatically.
About the Plateau Finance
Plateau Finance — a fork from Beefy Finance, with an improved user interface and an extensive selection of Avalanche pools, spanning the entire ecosystem. Users will have access to Liquid Boost vaults that have been designed to increase liquidity to a designated pool in AMM.
The PLT is designed to be deflationary, offering a competitive variable passive expense fee of 1% and a 1% fee, used to form PLT-AVAX. This allows users to benefit from passive token storage as well as keep slippage between major platform pairs reasonably low.
Some features of the token:
1 | 1% of the transaction fees are converted into LP tokens (PLT-AVAX LP) and blocked indefinitely in the Ecosystem Fund to ensure minimal slippage. |
2 | 12.5% of platform fees will help to generate PLT-AVAX LP tokens and accrued to PLT-PLT-AVAX members. |
3 | PLT-PLT will be provided to each stakeholder in the amount of PLT as a representation of their stake in the pool. |
A 1% fee is compulsory on every PLT transaction. Market purchases of PLT / AVAX LP, held indefinitely in the Ecosystem Fund, are subject to a 1% commission.
More about defi app on Avalanche
The developers have published an introductory document. Thus, each participant can study the features of the crypto project. The RoadMap section marks future updates. News articles appear on the Medium blog.
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