Plutus

Plutus is an innovative dApp designed to streamline cross-chain liquidity management by leveraging the capabilities of LayerZero and 1inch Fusion+. The platform enables users to seamlessly invest assets from one blockchain into liquidity pools on another while maintaining ownership of their funds throughout the entire process. This approach sets Plutus apart from other aggregators by ensuring users retain control over their assets at all times.

Throughout the entire process, users retain ownership of their funds. Plutus's smart contracts are designed to operate without taking custody of user assets, enhancing security. Unlike platforms like vfat.io, Plutus ensures that users' funds are never held by intermediaries.

Plutus eliminates the need for manual bridging, swapping, and investing across different platforms and networks. It reduces the number of transactions, saving on gas fees and reducing complexity. The user-friendly interface simplifies complex cross-chain operations into a seamless experience, accessible even to users without advanced technical knowledge. All transactions are transparent and verifiable on the blockchain.

Plutus also offers real-time Telegram notifications to keep users informed about their liquidity positions. Users receive instant alerts when their LP positions go out of range, allowing them to take timely action to optimize their investments. Additionally, notifications include updates on significant price movements, helping users stay on top of market changes. This feature ensures users are always aware of critical shifts, enabling proactive management of their assets without constantly monitoring the platform.

Plutus operates by utilizing the lzRead method from LayerZero to fetch real-time data about specific liquidity pools on the destination chain. This data includes crucial information such as token proportions within a specified tick range in a Uniswap V3 pool. With this information, Plutus calculates the exact proportions of tokens needed for the investment on the destination chain.

For example, suppose a user holds 1,000 DAI on the Optimism network and wishes to invest in the Uniswap V3 WETH/USDC pool on the Ethereum network within the tick range of -199500 to -175000. Plutus determines the required amounts of WETH and USDC based on the pool's state within this specified range. It then creates an order through 1inch Fusion+ to swap the user's DAI into the exact proportions of WETH and USDC needed, ensuring efficient trading with minimal slippage and optimal rates.

The tokens are sent from the source chain (Optimism) to the destination chain (Ethereum). Upon arrival on Ethereum, the tokens are ready to be deposited into the specified Uniswap V3 pool within the desired tick range. With ongoing collaboration with the 1inch team, the goal is to streamline this process into a single transaction. Once callData support is added to their transfer method, tokens can be directly transferred to the Plutus contract on the destination chain, triggering automatic investment upon receipt.