Polygon WETH (Plenty Bridge) (WETH.P)

Polygon WETH (Plenty Bridge), with the ticker WETH.P, is a decentralized trading coin on Tezos. It offers a seamless and efficient trading experience, allowing users to trade, earn, govern, and build on the leading decentralized exchange on the Tezos network. With a trade volume of over 250 million and a bridge volume of 135 million, it has gained significant traction in the market.

The coin functions as a protocol for protocols, enabling users to vote and earn trading fees. Voters can claim trading fees and bribes from the liquidity pools they have voted for, providing them with additional earnings. Users can maximize their rewards on the Plenty protocol by providing liquidity, staking, and voting. The platform also features stable and volatile liquidity pools, facilitating near-zero slippage trades on uncorrelated and tightly correlated assets.

Plenty WETH offers a growing ecosystem within the decentralized finance (DeFi) space on the Tezos network. Users can trade their veNFT locks by locking their PLY rewards as veNFTs, which can then be used for voting or traded on objkt.com. Additionally, Plenty and Wrap Protocol holders can easily swap their existing tokens for the new PLY token. The coin also supports seamless bridge migration, allowing users to transfer popular tokens from Ethereum and Polygon networks to Tezos in just minutes.