Plenty is a decentralized exchange on Tezos that offers a seamless trading experience. Users can trade, earn, govern and build on the platform. Plenty features both stable and volatile liquidity pools, enables near-zero slippage trades and easy bridging from Ethereum and Polygon.
Plenty's ve (vote-escrow) system deviates from the standard vote escrow rules of Curve by implementing three modified economic principles. Firstly, the math of the original two principles of ve(3,3) has been modified to allow for decent incentives for protocols that join the Tezos DeFi ecosystem at a later moment. Secondly, weekly emissions are adjusted as a percentage of the circulating supply, and the real emission that users receive is mathematically related to a base emission. Lastly, the locked PLY supply is tokenized as vePLY NFTs, which are transferable and can be traded on secondary markets. This allows for more efficient use of capital, and solves the capital inefficiency problem of ve assets in other DeFi protocols like Curve.