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WETH (Plenty Bridge), with ticker WETH.E, is a decentralized trading coin built on the Tezos blockchain. It offers a seamless trading experience for users, allowing them to trade, earn, govern, and build on the leading decentralized exchange on Tezos. With a trading volume of over 250 million and a bridge volume of 135 million, WETH.E has established itself as a prominent protocol in the crypto space.
One of the unique features of WETH (Plenty Bridge) is its protocol for protocols. Voters can claim trading fees and bribes from the liquidity pools they have voted for, enabling them to earn emissions, trading fees, and bribes. Additionally, users can provide liquidity, stake, and vote to maximize their rewards from the Plenty protocol. The platform also offers stable and volatile liquidity pools, allowing for near-zero slippage trades on uncorrelated and tightly correlated assets.
WETH (Plenty Bridge) aims to create an ever-growing DeFi ecosystem at the heart of the Tezos DeFi ecosystem. Users can trade their veNFT locks, lock their PLY rewards as VeNFTs, and use them for voting or trading on objkt.com. Moreover, Plenty and Wrap Protocol token holders can easily swap their existing tokens for the new PLY token at launch. With its seamless bridging capabilities, WETH (Plenty Bridge) also allows for easily migrating popular tokens from Ethereum and Polygon to Tezos.
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