PlutusDeFi — First ever Microcap Hybrid Bridge-Bonding Curve Listing. Towards Bridge Bonding Curve Models.

29 Jun 2020, 16:47

PlutusDeFi — First ever Microcap Hybrid Bridge-Bonding Curve Listing Towards Bridge Bonding Curve Models We’re announcing that PlutusDefi will carry out the first-ever bridge-bonding curve listing for the remaining 3M / 10M tokens of the Private Sale Round. This isn’t an ordinary bonding curve style listing. The DeFi space continues to move and advance the technology in weeks worth decades. We want to prove that DeFi projects can use a utility token, if their valuations are reasonable and fair in the current market situation. This underpins a philosophy that aligns everyone to the success of our products and users, not a bank balance. We have developed the hybrid Bridge-Bonding Curve model, the very first of it’s kind in the blockchain space. We do this by combining the bridge toll model (first piloted by LTO Network) and implementing an exponential price increasing model in the form of the bonding curve model for the last stage of the sale. This will encourage maximum liquidation and penalties should be triggered and incurred by the seed round, thus drastically reducing the total supply permanently within the first month, benefiting the long-term stability of the supply. This allows smaller DeFI teams raising with a small hard cap and comparable budget to rapidly increase the value of their tokens through rapid deflationary mechanisms, while also allowing token holders to benefit on all sides. In the recent months, DEX’s popularity and volume has rapidly increased and are gaining ground against decentralised exchanges. We support this movement to move away from centralised exchange listings which can often be burdensome and hinder small DeFi projects which want to remain aligned to their token holders and the wider DeFi community. We believe that DeFi projects can use a utility token as a value capture mechanism without contributors being maligned by often sudden changes of terms by imposed by centralised exchange lists, enormous fees and strong-arming tech teams. Bonding Curve Listing: we will be listing blocks of $25K USD in our native $PLT token with an aggressive bonding curve. The sale will be conducted within two (2) weeks on a decentralised exchange which will be announced closer to the time. Read more: