plsDPX is a liquid staking derivative of the veDPX token. Plutus allows users to convert their DPX to plsDPX so they may earn the underlying veDPX rewards while maintaining a liquid position through the plsDPX token. In exchange, the governance power of the underlying veDPX token is passed on to PLS holders. This allows PLS holders to vote on both general governance decisions as well as the DPX gauge allocation in the future. In addition, users are offered the option to stake their plsDPX on Plutus which earns them additional PLS rewards.
What is the highest value Plutus DPX (PLSDPX) has ever reached?
Plutus DPX (PLSDPX) reached its peak price at 259.2 $ on 03 April 2023, approximately 3 years ago ago. Presently, the current price is -97.09% lower than this all-time high.
What is the historical minimum price for Plutus DPX (PLSDPX)?
The minimum price reached for Plutus DPX (PLSDPX) was 2.96 $, documented on 03 December 2024, more than a year ago. In comparison, the current price is 154.05%, it above this historical low.
What is the fully diluted valuation of Plutus DPX (PLSDPX)?
The fully diluted valuation (FDV) of Plutus DPX (PLSDPX) stands at $ 62,724. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of PLSDPX tokens. The realization of this FDV might take several years depending on the emission schedule of PLSDPX tokens.