Overview
$PLT
PLT enables users to effectively become a shareholder in the Plateau Finance platform and receive a distribution equal to 50% of our platform harvest fee. Allowing users to earn rewards that grow directly along side us with our TVL.
PLT is designed to be deflationary, offering a competitive variable passive burn rate fee of 1%, and a 1% fee used to form PLT-AVAX. This allows users to gain value from passively holding the token as well as keeping slippage between the platform's main pairs reasonably low.
Protocol Token
Variable fee engineered to create deflationary pressure (1% Burn)
1% of Transaction Fees is transformed into LP tokens (PLT-AVAX LP) and locked indefinitely in the Ecosystem Fund to ensure slippage is kept to a minimum.
Stake PLT to earn more PLT via the Plateau fee batch mechanic equal to 50% of the platforms Harvest Fee, distributed in the $PLT staking pool.
12.5% of the platforms Harvest Fee will be used to create PLT-AVAX LP tokens and rewarded to PLT-PLT-AVAX Stakers
PLT-PLT, will be provided to the individual staking $PLT as a representation of their share in the pool.
PLT-PLT token holders will have voting power when the DAO is implemented.
Holding PLT-PLT makes you eligible for partner airdrops.
$PLT-LP
Represents proportion of given Liquidity Pool
$PLT-LP tokens are named by their Provider-Underlying assets.
(eg. PLT LP of AVAX-PLT = PLT-PLT-AVAX LP)
$PLT-LP tokens can be used to farm $PLT
$inPLT
Time-locked Staked PLT
Earned through time locking PLT
Provide boost on selected farms
Suitable for long-term holders
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