Much of the growth of Decentralized Finance (DeFi) has been fueled by liquidity mining, also known as farming. However, in its current form, farming is an imprecise incentivization tool that often attracts mercenary farmers. These programs have been taken to the extreme, resulting in a massively inflating supply. — Token emissions on the new Plenty Network need to be more aligned with beneficial actions. This can be achieved by focusing on incentivizing fee generation rather than just simply incentivizing liquidity provision itself. In this context, users who lock their tokens do not have to worry about inflation, while those…

The new stable swap on Plenty facilitates trading of similarly priced assets, with low slippage. At equilibrium, 78% of a stable swap liquidity pool can be bought for a slippage of less than 5%. Plenty’s stable swap is based on Arthur’s curve, rewritten in Smartpy, and audited with a “highly…

TL;DR Plenty DeFi and Wrap Protocol are joining forces and relaunch as Plenty Network; an all-in-one DeFi platform for bridging, trading, and earning, governed by a brand new token named PLY. WRAP and PLENTY holders will be able to swap their tokens for PLY according to a release schedule to be…

We are very happy to share that the first Plenty Improvement Proposal (PIP-001) turned out to be a great success! A big thank you to our beloved community! Over 350 xPLENTY holders voted, and with a support of 86% the minting rate has been reduced to 30 PLENTY per block. — PIP-001: Minting rate reduction Plenty puts the community first, and with nearly half of the maximum supply minted, there have been plenty of requests to reduce the minting rate, in order to decrease the selling pressure. We have seen an engaged community with fruitful discussions on Twitter, Discord, and the Plenty forum. Based on…

By utilizing Integro Labs’ now-ubiquitous TezTools technology, Plenty streamlines the process for listing Tezos tokens on CoinMarketCap and CoinGecko. — Lowering barriers for Tezos based tokens So you’ve officially minted your shiny new Tezos token — now what? For teams and creators behind new projects on the Tezos network, one of the most crucial steps toward legitimization is getting listed on CoinMarketCap and CoinGecko, the two largest data aggregators in the cryptocurrency space today. With so…

Continuous improvements to the functionalities and tokenomics are crucial for the longevity of the Plenty protocol. Today, the first amendment proposal is launched on https://plentydefi.com/vote. Voting is possible until Wednesday, December 22, 2021. — PIP-001: Minting rate reduction Summary Implement a minting rate reduction from 50 PLENTY/block to 30 PLENTY/block. A reduction of the minting rate results in a new reward distribution scheme, as seen in the specification, for the PLENTY farms.

Plenty takes the next leap forward towards a decentralized future. All xPLENTY holders will soon be able to cast their vote on Plenty Improvement Proposals. — What is governance? Governance enables stakeholders to vote for protocol changes directly on the blockchain. This empowers individual users to participate in important decision making on the future of a project. To earn the right to vote or to make a proposal, a user typically must hold a governance token.

Plenty is thrilled to announce the opening of the applications for its FIRST ever hackathon in collaboration with Tezos India. For the next two months Plenty Global Hackathon 1.0, one of the largest Tezos hackathons to date, will take place with over USD 30,000 in prizes. — DeFi on Tezos is growing at a high pace and projects like Plenty are leading the charge. The Plenty Global Hackathon encourages and enables developers to build new and innovative ideas to further develop the ecosystem.

A token page, router functionality, and new ways of farming have been introduced on plentydefi.com. More features are in development! Expectations are high for a lot of cool new Tezos DeFi features to be designed by the community during the upcoming hackathon! — Data From the Plenty Protocol To improve the usability of the Plenty protocol, the token page has been developed. Users can review the price, 24h change, 24h volume, liquidity, and the 7 day price graph of every token traded on the Plenty protocol.