PLEXUS Announcements

🌟 PLEXUS Integrates SwapKit by THORSwap 🌉

Dear PLEXUS Community,
We are thrilled to announce that PLEXUS has officially integrated the SwapKit cross-chain API/SDK by THORSwap, enhancing cross-chain trading with greater flexibility and efficiency via the THORChain liquidity protocol.

Key Benefits

🔗 Diverse Asset Support: Trade a broader array of assets seamlessly.
💧 Improved Liquidity: Enjoy faster and more efficient trading.
🔒 Secure Environment: High-security standards ensure asset safety.

PLEXUS's Commitment

This integration is part of our efforts to provide the best cross-chain trading environment. We will continue to seek more partnerships and technological advancements.
Thank you for your support. 🙏

Sincerely,
The PLEXUS Team

Announcement Regarding PLEXUS Token Update

Hello,

We are pleased to inform you that the snapshot and the issuance of new PLX tokens have been completed. The new PLX tokens have the minting function removed, and security has been ensured through a custodial service to prevent recurrence.

The development of a new contract for claims is expected to take approximately 1-2 weeks. Once completed, we plan to proceed with the relisting and token exchange. The specific dates and times for the relisting and token exchange will be announced in due course.

Although the PLEXUS team has also suffered significant damage due to the recent hacking incident, we are positively considering the compensation aspect and will do our utmost within our capabilities. Additionally, we are currently in discussions with Bitget regarding the current situation. Details regarding compensation will be announced separately after the relisting.

Thank you.

Best regards,
The PLEXUS Team

📊 Bridge trading volumes Update on June 7 2024

A new IBC bridge has been added to Defillama!

If you want to trade for the best price out of 25 bridges, try PLEXUS!

Total volume (1m): $7.803b (-0.17b)
Total volume (7d): $1.872b (-0.28b)
Total volume (24h): $352.4 (-4m)

PLEXUS Unveils Theta Algorithm V2: A New Era of Cross-Chain Transactions

Hello PLEXUS Users,

We are thrilled to announce the official launch of the new Theta Algorithm V2 by PLEXUS, the world’s leading cross-chain aggregator.

Theta Algorithm V2: Multi-Layered Transactions
The Theta V2 algorithm utilizes machine learning for transactions across From-chain, Middle-chain (bridge network), and To-chain. Through the Executor contract, liquidity is hierarchically considered at each DEX and Bridge, factoring in fees, gas costs, slippage, and price impact to ensure the best trading experience. The more data it processes, the more efficient it becomes.

Key Enhancements:
Speed: Faster transaction processing.
Security: Enhanced asset protection.
Scalability: Supports more blockchain networks.
User Interface: More intuitive and user-friendly.

Supported Chains and Future Plans:
Theta Algorithm V2 supports transactions across 8 chains, with plans to add more based on continuous monitoring.

For more details, visit our official blog

Thank you for your support.

The PLEXUS Team

Please remember again 3 most important parts!

1) All holders will get new token 1:1 before snapshot (including CEX, contract claim, Airdrop holders And so on).

2) Together with market maker we will launch new token at the price before the hack.

3) Post exploit trades (losses) will be solved via exchange for a new token.(Only before our announcment)

Besides that, PLEXUS' service is separate from this token ownership hack and is working safely.

Theta V2 is scheduled to be updated on June 4th.

Thank you for your patience.

Please never buy additional PLX in the market. We will plan to reissue and exchange tokens at the time of hacking. We have requested Bitget team to suspend the Trading. We will proceed with further notice as soon as it is sorted out.

Currently, the token ownership of PLX has been hacked. We are trying to figure out the cause, and please refrain from trading additional purchases on Bitget and Uniswap. After we understand and organize the situation, we will provide you with guidance on reissuing and exchanging tokens. Sorry for the trouble. Thank you.

Cross-chain Ecosystem MAP🌐

🚀 There are 275 chains registered on DefiLlama. Every month, new distinctive chains are being released and blockchain is moving into a world of diversification! 🌐

Even, bridges 🌉 are essential for the asset movement of Ethereum and L2.

Crosschain 🔗 is an essential infrastructure service that makes blockchain a seamless environment!

Jump on the trend of the times! 🎉

🌟 Winner Announcement - Top 100 PLEXUS Contributor for May🌟

Dear PLEXUS Community,

We are delighted to unveil the triumphant participants of the Top 100 mission, where PLEXUS enthusiasts gathered points and showcased unwavering dedication to our thriving community. Your passion and commitment have truly made this mission an outstanding success!

🏆 Top 1: + 1,000,000 Bonus Points 🎉
[Champion's Wallet: 0x06069b90a493d3E5DFd508a97288eb742e950EdC]

🥈 Top 2: + 500,000 Bonus Points
[2nd Place Wallet: 0x1c45fF1c8b055Ca3546736E2c5FDBCefcDc02ED4]

🥉 Top 3: + 250,000 Bonus Points
[3rd Place Wallet: 0x2D7ee6b110aA23b03e9F04192027E3B324F9a4fc]

🔗 To check winner list here

We extend our sincere gratitude to each participant for making this mission an unforgettable event. Your support propels the growth and success of PLEXUS, and we eagerly anticipate the exciting possibilities that lie ahead.

Stay tuned for more exhilarating missions and challenges on PLEXUS. Together, we continue to redefine the boundaries of what is possible!

Best regards,
PLEXUS team.

📊 Bridge trading volumes Update on May 17 2024

43 bridges are registered with Defillama. Are you wondering which bridge to use? Use bridge aggregator PLEXUS!

Total volume (1m): $10.1b (+1b)
Total volume (7d): $2.1b (+0.5b)
Total volume (24h): $318.8m (+67.2m)🚀

📊 Bridge trading volumes Update on May 10 2024

One chain can't handle a billion users! Crosschain is a trend of the times!

Total volume (1m): $9.039(-1.091)b
Total volume (7d): $1.649(-0.467)b
Total volume (24h): $251.61(-66.56)m

We update my bridge data every week🚀

PLEXUS's Theta Algorithm V2 doesn't just trade on one bridge, but divides liquidity into multiple bridges in consideration of the Sleepage Price Impact. 🌉

The world's best Cross-chain aggregator, PLEXUS ensures optimal exchange costs! with Theta V2💰

V2 will be updated in a week. Please look forward to it! 😊🚀

📊 Bridge trading volumes Update on May 02 2024

Despite the price dip, asset movement between chains is solid!

Total volume (24h): $318.17(+17.66)m
Total volume (7d): $2.116(+0.129)b
Total volume (1m): $10.13(+-1.593)b

We update my bridge data every Thursday!

Like and Bookmark this thread for future references🚀

https://twitter.com/plexus_fi/status/1785951683459358723

PLEXUS Monthly Update for April_18: Increasing Transaction Volume and Development Innovations

Hello, PLEXUS Community! ❤️

We're excited to share our latest monthly update with you! Our team has been hard at work, and we've achieved remarkable growth this month. Here's a quick summary of our Key Performance Indicators (KPIs):

Total Volume: $471,000,000 (+$86,000,000)
Total Transactions: 2,509,000 (+124,000)
Total Accessed Wallets: 5,427,000 (+1,000)
Monthly Active Users: 2,730
Amount of Token Holders: 7,029

For more details and insights, please check out our monthly report here

Thank you for your continued support and involvement in the PLEXUS community! :rocket:

Best regards,
PLEXUS Team

🚀 Scroll chain integration !🚀

Attention all PLEXUS users!

Exciting news ahead! We're thrilled to announce that PLEXUS, your go-to bridge aggregator, has integrated the Scroll chain into its platform! But that's not all—did you know that we currently support a whopping 17 chains, with plans to expand even further?

With Scroll chain now on board and our ever-growing list of supported chains, you'll experience an even smoother and more efficient journey through the world of decentralized finance. From Ethereum to Binance Smart Chain and beyond, PLEXUS is your ticket to seamless transactions, enhanced liquidity, and unparalleled convenience.

Your ultimate destination for cross-chain transactions and limitless possibilities awaits! 🌐💼

🌐 Seamless Connectivity, One Click Transactions - Embrace the Future!

There are 279 chains registered with DefilLama

These chains are separated like an internal network!

What do you need to implement a seamless environment like Web2 in Web3?

A cross-chain middleware service like PLEXUS is a service that connects all chains with one click and TX!

This is the trend of the times!

📊 Bridge Update on trading volumes:
Bridge has been bustling with activity, boasting impressive weekly and monthly trading volumes.

Total volume (24h): $308.21m
Total volume (7d): $1.987b
Total volume (1mo): $11.723b

The significance of cross-chain solutions grows as we witness these impressive numbers, reflecting the expanding landscape of decentralized finance. 🔄💱

Stay tuned for the latest numbers and insights! 🚀

📢 Important Notice for May PLX Airdrop

Airdrop Details:
Cap: $10,000 worth of PLX 💰
Snapshot Date: 11am UTC, May 24, 2024 📸
Distribution Starts: 12am UTC, May 24, 2024 🔄

Airdrop Pool Calculation:
Pool Share = (User’s Points / Total Points) * Monthly PLX Pool Tokens

Points and Rewards for Top 100 Participants:
1st Place: +1,000,000 Points 🏆
2nd Place: +500,000 Points 🥈
3rd Place: +250,000 Points 🥉
4th to 10th Place: +150,000 Points each
11th to 25th Place: +50,000 Points each
26th to 50th Place: +10,000 Points each
51st to 100th Place: +1,000 Points each

Lock up&vesting
15% unlock, 6 month vesting

Minimum claim point
1000 points 💡

Points are based on user activity 📊 Airdrop pool tokens are distributed based on participants’ contributions 💡
PLEXUS team 🚀

🌟 Winner Announcement - Top 100 PLEXUS Contributor for April🌟

Dear PLEXUS Community,

We are delighted to unveil the triumphant participants of the Top 100 mission, where PLEXUS enthusiasts gathered points and showcased unwavering dedication to our thriving community. Your passion and commitment have truly made this mission an outstanding success!

🏆 Top 1: + 1,000,000 Bonus Points 🎉
[Champion's Wallet: 0x06069b90a493d3E5DFd508a97288eb742e950EdC]

🥈 Top 2: + 500,000 Bonus Points
[2nd Place Wallet: 0x1c45fF1c8b055Ca3546736E2c5FDBCefcDc02ED4]

🥉 Top 3: + 250,000 Bonus Points
[3rd Place Wallet: 0x2D7ee6b110aA23b03e9F04192027E3B324F9a4fc]

🔗 To check winner list here
We extend our sincere gratitude to each participant for making this mission an unforgettable event. Your support propels the growth and success of PLEXUS, and we eagerly anticipate the exciting possibilities that lie ahead.

Stay tuned for more exhilarating missions and challenges on PLEXUS. Together, we continue to redefine the boundaries of what is possible!

Best regards,
PLEXUS team.