what's Plutus Finance?

Plutus Finance is a DeFi protocol operating primarily on Arbitrum, specializing in liquid yield-bearing assets known as plsASSETs. These assets enable users to gain exposure to locked or ve-token yields from various protocols without requiring token lockups, preserving liquidity while earning revenue shares through over-collateralized strategies. The protocol automates yield farming and compounding, focusing on sustainable returns backed by collateral pools to mitigate risks associated with traditional staking. Key offerings include tokenized positions like plsGRAIL, which mirrors the revenue from xGRAIL (CamelotDEX's locked governance token) in a transferable format. Users deposit collateral to mint plsASSETs, which are redeemable and tradeable, with the protocol ensuring over-collateralization for stability. Plutus also supports automated vaults like plvDOLO for money market yields and plvHEDGE for volatility-based strategies across chains like Berachain.

Plutus's plvHEDGE & plvLOOP are live in Radiant Capital, enabling amplified vault positions.