Plateau Finance Compounding Yield Optimizer built on Avalanche.
Introduction
Plateau Finance is a Smart Yield Optimizer Platform that allows users to stake LP-Tokens issued from the AMM’s in Plateau Vaults, which automatically harvest and re-stake their rewards as LP-Tokens for a compounding effect. Helping users obtain higher rewards, hassle-free.
- Plateau Finance is a fork from Beefy Finance, with an enhanced user experience and expansive selection of Avalanche pools spanning the entire ecosystem.
- Plateau users will have access to Liquid Boost Vaults, which were designed to boost liquidity to a designated pool in the AMM’s.
Max Supply: 1,000,000,000 $PLT (All minted at time of launch)
Price: PLT= 0.001$
Market Cap: 1,000,000 $
Distribution
- 65% Airdrop
- 5% Community Rewards Promotions
- 10% Ecosystem Fund
- 15% Dev Fund
- 5% Partnership & Advertisement
$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)
- Rewarding Liquidity Pool farmers (1% PLT-AVAX LP)
- 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.
- Provide Liquidity to Avax-PLT to earn 12.5% of the platforms Harvest Fee.
- xPLT, will be provided to the individual staking $PLT as a representation of their share in the pool.
- xPLT token holders will have voting power when the DAO is implemented.
- Holding xPLT makes you eligible for partner airdrops.
$PLT-LP
- Represents proportion of given Liquidity Pool
- $PLT-LP tokens are named by their underlying assets (eg. LP of AVAX-PLT = AVAX/PLT LP)
- $PLT-LP tokens can be used to farm $PLT
Vaults
All Plateau Vaults run an auto compound (harvest) action to convert farming reward tokens into additional LP on behalf of the user. These LPs are reinvested automatically into the pool for a compounding effect.
- Compound reward tokens issued by the AMMs into staked LP by selling the rewards and pooling them again as LP.
- Compound event occurs in multiple cycles per day, depending on the vault balance.
- Receipt tokens are issued to the user upon each vault deposit representing your share of the vault which is used to withdraw profits (ex. P-ETH-AVAX-1)
Plateau Vaults Fee Structure
There is a 4% fee on Farming Rewards profits Split into the following,
- 2% to market buy $PLT, distributed back to $PLT Stakers via the reward pool.
- 0.5% to market buy PLT-AVAX LP and distribute it to PLT-AVAX LP holders
- 0.5% is allocated to treasury (currently funding advertising).
- 1% is for the Vault Development & Costs
Note: Any fees associated by the other party depositing or withdrawing from there pools will be added on top of our fee structure.
Transactions Fees
There is a 1% burn fee with every PLT transaction
There is a 1% fee to market buy PLT/AVAX LP & redistribute as reward to PLT/AVAX LP farmers
Note: Plateau LPs are whitelisted
Deposits Fee Structure
- There is 0% fee on all deposits in Plateau vaults. Forever unlimited free deposits on all actions.
- However, there may be a third party deposit fee charged by the Farm provider listed in the pool details.
Withdrawal Fees
- There is 0.1% fee at time of withdrawal from the vaults, collected fee will be distributed back to people staking in that specific vault.
- This also will prevent people from staking and un-staking before the harvest function get called.
Harvest Schedule
TIER 1: Occurs every 1 hour for pools >= $100K TVL
TIER 2: Occurs every 2 hours for pools >= $10K TVL
TIER 3: Occurs every 4 hours for pools >= $1K TVL
TIER 4: Occurs every 12 hours for pools >= $100 TVL
TIER 5: Never occurs for pools < $75 TVL (inactive)
Harvester Contract Address: Soon™
Any questions?
Follow Plateau Finance on Medium and other channels to have your questions answered & keep up to date with the latest news!
- Website: https://www.plateau.finance/
- Discord: https://discord.gg/yW6Y9mM3
- Docs: https://plateau-finance.gitbook.io/plateau-finance/
- Twitter: Plateau Finance
