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Plenty is expanding DeFi use cases on Tezos towards a full scale decentralized financial ecosystem
Plenty is expanding DeFi use cases on Tezos towards a full scale decentralized financial ecosystem. Empowering traders, liquidity providers & developers to participate in an open financial marketplace. The Plenty Automated Market Maker (AMM) is designed for exchanging both FA1.2 and FA2 tokens on the Tezos blockchain. The smart contracts allow users to trade trustlessly, peer-to-peer, with liquidity that is supplied by other users. The architecture is based on Uniswap V2. Yield farming lets liquidity providers earn $PLENTY by locking their Plenty Liqudity Provider (PLP) tokens into a farm. This incentive is added to kickstart liquidity and attract more liquidity to Tezos from other blockchains.
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