📍PlotX Research Blog - Dissecting the need for L2 📍


💸 Imagine paying $80 in gas fees simply to withdraw a $60 reward?

😔 This is a situation that DeFi projects built on Ethereum encounter regularly.

🗓 The 2-year roadmap of ETH 2.0 also doesn’t seem to satisfy the need of the hour.

💡 One of the most popular solutions is to migrate to a Layer 2 network.

👨‍🔬 We have been doing extensive research around various implementations of migrating to L2 & its feasibility.

We compiled some of our research findings in this article - http://bit.ly/3qOlUa9

It is a complex picture but more details will follow soon… 👀

Watch this space!

RT:https://twitter.com/TryPlotX/status/1354438716236783618?s=20

The latest gossip in town is that PlotX is migrating to an L2 network. 👀

Neither denying nor confirming🤐

Tell us your best guess!

RT: https://twitter.com/TryPlotX/status/1354758799635095558?s=20

#PredictOnPlotX

PlotX Pulse: Week-in-review

The past week marked yet another busy yet fruitful week at PlotX. We saw some big announcements reaching a step closer to fruition and some other amazing developments in the space.

Here is a low-down on all the 🔥 things this past week

📍PlotX Research Blog📍

Read the PlotX Research blog about what is L2 Scaling and why is it needed?


💪 This week's edition of 'Never a dull day in crypto'


🤐PlotX exploring to migrate to an L2 network?


🥇 There is some chatter going on in the community for a new market to be added to PlotX
See the poll results here


🇮🇳 Team PlotX celebrated and wished the Indian #crypto community a Happy Republic Day


❌ Centralization does not work!
#wallstreetbets


RT: https://twitter.com/TryPlotX/status/1356220764551143426?s=20

Curious about Prediction Markets and the role they would play in DeFi?

Here’s your chance to get a front row seat in growing one!

We’re looking for bright & driven individuals to join the PlotX Community Mining Program and grow the global PLOT Head community.

More details here: http://bit.ly/2YAjn7F

RT: https://twitter.com/TryPlotX/status/1356639586164772864?s=20

Join us tomorrow for an exclusive AMA in the @VQandFriends Telegram group.

More details below 👇

📆 - 9th Feb, Tuesday
⏲- 4 am UTC/ 9.30 am IST
🏢- https://t.me/VQandFriends

The selected questions stand a chance to win a giveaway prize. 🤑

Follow the countdown to the event here

Like & RT: https://twitter.com/TryPlotX/status/1358699231444226051?s=20

#PredictOnPlotX

PlotX Pulse: Week-in-review

We saw yet another heavy-duty week at PlotX. While some big announcements are closer to fruition, we also held few fun-filled events this week.

💪PlotX opened its doors to PlotX Community Miners.

Join us here


😂PlotX Community Mining Memefest


✅ A quick guide on how to be a good PlotX Community Miner


🔥 We have an AMA coming up with @VQandFriends Telegram group.



Like & RT: https://twitter.com/TryPlotX/status/1358781853205815302?s=20

PlotX emerges as one of the most trusted DeFi project with an aim to build an ecosystem that disrupts trading and investment market through the wisdom of the crowd.

𝗥𝗲𝗮𝗱: 6 under-the-radar #DeFi projects worth watching 👀 curated by IB Times

https://www.ibtimes.com/six-under-radar-defi-projects-worth-watching-3140462


Like & RT: https://twitter.com/TryPlotX/status/1359147931186692102?s=20

PlotX picked by Entrepreneur.com amongst top DeFi projects within India’s crypto hotbed!

India is booming with innovation in crypto with projects leading the charts globally.

Tell us your favourite Indian DeFi projects in replies.

📖: https://www.entrepreneur.com/article/365301

Like & RT: https://twitter.com/TryPlotX/status/1361698290052390912?s=20

PlotX with the new, simpler & safer login flow!

As PlotX migrates to L2, there has never been a better time to #PredictOnPlotX with the password-less, safer and much simpler login flow powered by Magic Link.

Magic Link integration will not only cut down on the manual steps but also increase security and improve user experience

Here's how it will work?
✔️ Enter E-mail
✔️ Click Signup
✔️ Open the link received on mail
✔️ #PredictOnPlotX

Read more here: https://bit.ly/3at3mqH

Like & RT: https://twitter.com/TryPlotX/status/1362054769444081670?s=20

PlotX is going on L2, finally!


🥳 After months of research, we’ve adopted an L2 agnostic approach in partnership with Polygon (previously Matic).

💥 Soon PlotX prediction markets will be available on Matic, Optimistic, zkRollups powered by Polygon’s aggregation technology, in a bid to achieve sufficient decentralization.

🔥 PlotX is also researching cross-chain swaps to deploy seamless liquidity transfer between other chains like BSC, xDAI and Polkadot.

🐢 This partnership with Polygon brings us a step closer to our vision of permissionless, borderless predictions fueled by maximized DeFi composability, reduced congestion, seamless liquidity movement between Ethereum & other bridgeable chains.

🤯 Thanks to the shift on L2, the new version of PlotX will also provide gasless transactions which means traders can now predict without spending on gas - a big move.

💬 Join the conversation at: https://t.me/plotx_official

Like & RT: https://twitter.com/TryPlotX/status/1362375723177054216?s=20

🔥 Vitalik just tweeted about Prediction Markets! It’s all happening. Here’s a summary:

I expect more interest in prediction markets going forward, not just for elections but for conditional predictions, decision-making and other applications as well. - Vitalik

💯 This is exactly what we're building at PlotX - a signaling tool for crypto asset prices. It will help investors make better decisions with their portfolio allocation!

Read Vitalik’s thesis on Prediction Markets here: https://twitter.com/VitalikButerin/status/1362399831826849797

118% APY on PLOT/ETH Staking 🔥

The PLOT/ETH farm is live on liquidity.plotx.io with 8,000 PLOT distributed daily.

Deposit your Uniswap V2 LP tokens now and earn 118% APY.

Quick overview:
- 8,000 PLOTs to be distributed daily
- Rewards accrued every second
- No vesting / No lockup - instantly claimable rewards
- Farm End Date: 11th May’21

Stake your PLOT/ETH on Uniswap now & farm $PLOT @ 118% APY 🚜

Start Here: http://bitly.ws/b5it

Like & RT: https://twitter.com/TryPlotX/status/1362767295865528320?s=20

Single sided PLOT staking is live with 40% APR on Bitmax 🔥

Stake your PLOT on Bitmax.io and earn 40% APR with daily reward distribution cycle.

Quick overview:
✅ 40% APR
✅ Compounding Mode supported
✅ Daily reward distribution cycle
✅ Instant Unbounding

Stake your PLOT on Bitmax now & earn more $PLOT @ 40% APR 🚜

Start Staking!

Read more info here

Like & RT: https://twitter.com/TryPlotX/status/1363075131002613765?s=20

Catch PlotX co-founders @Krakjack2 and @IshGoel in an exclusive AMA session with the @HillRiseCapital TG group, to learn more about the growth of Prediction Markets & the road-ahead with PlotX

More details below👇

📅 Monday, 22 Feb '21
⏰ 10:00 UTC
🏢 https://t.me/hillrisecapitalchat

One selected winner stands a chance to win a giveaway of $50 worth of PLOT 🤑

Here's all you need to do:

✅ Like the Tweet
✅ Tag 2 friends
✅ Tweet using #PredictOnPlotX

Catch the countdown to the event here

Like & RT: https://twitter.com/TryPlotX/status/1363470081737515012?s=19

🔥 Here’s a quick summary from Vitalik’s tweet about Prediction Markets on 18th Feb:

I expect more interest in prediction markets going forward, not just for elections but for conditional predictions, decision-making and other applications as well. - Vitalik

💯 This is exactly the vision for PlotX - a signaling tool for crypto asset prices driven by wisdom of crowd. It will help investors make better decisions with their portfolio allocation!

Read Vitalik’s thesis on Prediction Markets here: https://twitter.com/VitalikButerin/status/1362399831826849797

PlotX Pulse: Week-in-review

It's been a power-pact week for us.

Here is a quick recap:

💪 PlotX finally moving to L2 with a first-of-its-kind L2 aggregation approach via Polygon (Previously Matic)

🎉 Now, you can #PredictOnPlotX with a new, simpler & safer login flow powered by Magic Link

🔥 Earn 118% APY on PLOT/ETH staking

🤑 Earn 40% APR on Single-sided PLOT staking on BitMax

💬 An interesting conversation between Polygon (@SandeepNailwal) and PlotX leaders (@IshGoel, @krakjack2) on L2.

🔮 Co-founder @IshGoel describes Prediction Market in the simplest way

📌 PlotX featured by @EntrepreneurIND among top DeFi projects in India!

Like & RT: https://twitter.com/TryPlotX/status/1363779750280392705

Hope your calendar is blocked!

10-minutes to go for an exclusive AMA with PlotX Co-founders - @IshGoel and @Krakjack2 on @HillRiseCapitalChat TG group.

Learn all about PlotX & our move to Polygon (Previously @MaticNetwork).

Have a question to ask the founders about the project?

Drop in the chat and shoot!

Like & Retweet: https://twitter.com/TryPlotX/status/1363788321298788354?s=20

Based on popular vote & community demand, $DOT-USDT pair to become the 3rd market pair to be added into the PlotX Prediction market, after the BTC-USDT & ETH-USDT pair.

Users will be able to predict the price of $DOT by selecting the DOT-USDT pair from the market selector drop-down.

Read more here: https://bit.ly/3aI9s6H

Like & Retweet: https://twitter.com/TryPlotX/status/1363884899581657088?s=20

Invitation to PlotX Community Mining Program

Curious about Prediction Markets & the role they would play in DeFi?

This is your call to become the Captain in our ship!

We’re looking for bright individuals who believe in the idea of PlotX to join our Community Mining Program.

Registrations now open.

Hurry up!

Apply here: http://bit.ly/3iTOPH7

Watch full video here


Like & Retweet: https://twitter.com/TryPlotX/status/1364127617536811013?s=20

Total 6.7mil $PLOT (20% of the circ. supply) now staked!

Want to earn more $PLOT?

Go ahead and stake at one of the following options:

Uniswap (DEX)
APY: 151%
Pair: PLOT / ETH
Start Here

Bitmax (CEX)
APY: 40%
Pair: One-sided PLOT
Start Here

Like & Retweet: https://twitter.com/TryPlotX/status/1364238617770483717?s=20

Join us on Telegram:
https://t.me/plotx_official
https://t.me/plotx_ann