About Plutos Network

4 min readOct 15, 2021

Plutos Network is a cross-chain synthetic issuance & derivative trading platform that introduces mining incentives and Staking rewards to users. By integrating Blockchains such as Polkadot, BSC and Solana, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable and disruptive to the traditional derivative market.

What can Plutos Network offer?

With Plutos Network, all users can have access to synthetic assets from both traditional financial market and the crypto market. By enabling cross-chain and on-chain functionalities, Plutos will be able to deliver keynote features such as scalability, high interoperability, low cost of transactions, offering the perfect solution for current decentralized finance (DeFi) derivative market to difficulties and limitations such as high gas fee, low transaction speed, vulnerability of hacking such as flash loan etc.

Plutos Network staking

Users can earn rewards by Staking derivative assets on Plutos Network. The Staking service will be first built on Ethereum, and then migrate to Polkadot after the sub-parachain, OCW components are ready for deployment. The Staking service will soon be available on other leading Blockchains such as BSC and Solana.

Plutos Network Market

Your One-stop platform for issuing and trading crypto derivatives. By applying AMM mechanism and enabling cross-chain wrapping function to build chain-bridges between mainstream assets of Blockchains including Ethereum, Polkadot, BSC and Solana, Plutos Market will be the marketplace when users can trade cross-chain derivatives with low cost, fast transaction and high security. In Plutos Market, users can trade derivatives such as contracts, options, swaps etc.

Plutos Network Pool

Through PLUT Staking and minting, integrating liquidity from leading DEXes such as Uniswap, 1inch, Balancer, PancakeSwap etc, Plutos network Pool can offer infinite liquidity for users with the best trading experience and passive income. With Plutos Pool, slippage and will very much improved thanks to the liquidity integration and cross-chain liquidity pools. There will be no need for Liquidity Provider on Plutos Network. Users will only need to stake PLUT and mint assets such as pUSD to convert one asset to another or open long or short positions of leveraged contracts underlying various assets without any restriction.

How do Staking and Minting work at Plutos?

Plutos Pool is a pool created in the process of PLUT holders staking PLUT and minting assets including pUSD, pBTC, pETH etc. The pool acts as a liquidity provider, acting as the counter-party when trading pUSD to pBTC, for example. Therefore, it can be said that the liquidity is infinite. In other words, there is no worry for users over the lack of liquidity or slippage existing in traditional financial markets.

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However, if all users only have pBTC and the BTC price rises by 50%, the total debt also increases by 50%. In this case, the collateral pool, the staking pool has the opposite position, pBTC sell (or inverse piBTC), so the buy/sell ratio plays an important role in the overall collateral ratio of the system. Plutos Network will increase the stability of the system by reducing the risk of various methods such as position hedge in the on/off chain for the position imbalance of the system.

Teams behind Plutos Network

Juan Capilla, graduate of Economic and Business Sciences from the Complutense University of Madrid, a serial entrepreneur in both traditional financial industry and cryptocurrencies. Juan is also the Founder of the largest crypto mining company in Northern Spain.

Juan runs his own head office as a full-time swing trader dealing with cryptos, financial and derivative products including stocks, options etc. Juan is also an Advisor to several companies listed on the Alternative Stock Market (MAB of Spain).

2. Leon’s studies include a BBA from Oviedo University in Spain and a Master in Financial Economics at the Erasmus University of Rotterdam. After working as a valuation and M&A advisor at EY and Philips, he worked as a quantitative trader focusing on derivative products (mainly options, futures and cryptos) in the European trading hub of Amsterdam. His personal ventures include a variety of automated strategies with a focus on correcting market inefficiencies.

Leon’s Blockchain-based development experience includes working on quantitative trading tools, and research about new methods and services that can be applied to decentralized finance, integrating the well tested mainstream financial industry into developing DeFi space.

Graduated in Business Administration and Management and with a Master’s degree in international trade and Chinese culture, having studied much of it at Zhejiang University. Gonzalo began his professional career at the Inter-American Development Bank focusing on lending and strategic operations for Central American leading enterprises, prior to a stay in China where he was CEO of a trading company.

Since the year 2017, Gonzalo founded and managed several technology companies, and got involved into cryptocurrencies since then. Gonzalo started his crypto businesses both in mining and business development as well as marketing promotions for several top CEX exchanges as an external consultant.

Below are Plutos Network partnerships