Earn USDC rewards and points through onchain lending and leveraged farming with Plutous, now integrated with Hemi.

Ploutos, a new non-custodial lending protocol, has deployed on Hemi, accompanied by an upcoming incentivisation campaign and a killer UI/UX, further strengthening Hemi’s rapidly expanding DeFi ecosystem.

Ploutos is a decentralized lending and leveraged farming platform built for seamless yield generation. Users can supply supported assets to earn rewards, or borrow against their collateral through real-time, algorithmic interest rates that adjust dynamically to market demand. With a clean and intuitive user experience,

Early participants can earn USDC rewards, distributed via Merkl, for lending stablecoins into Ploutos, along with Ploutos Points, which will convert into liquid rewards following the upcoming Ploutos TGE. The USDC rewards distributed through Merkl will be claimable in real time, with a variable APY, meaning early depositors will earn the highest yields.

Hemi is the largest Bitcoin programmability layer, boasting over $800 million in TVL and a network of 90+ ecosystem partners. The ability to collateralize assets in a decentralized manner and access liquidity against these holdings is essential to unlocking new yield opportunities for institutions and users of all sizes.

At launch, Ploutos will list several blue-chip assets on Hemi, including hemiBTC, WBTC, HEMI, ETH, VUSD, and USDC. In addition, Ploutos will leverage oracle infrastructure from Redstone and eOracle, two of the industry’s leading data and oracle providers, to ensure accurate and secure price feeds across markets.