Plearn is a DeFi platform creating an ecosystem of partners from a variety of lifestyle businesses including hospitality, travel, and rental.
What is Plearn?
- Plearn stands for Play + Earn. It is a DeFi (Decentralized Finance) token built on a blockchain ecosystem.
- The transactions on the platform are completed with high speed and low fees as they are controlled and secured by smart contracts on various chains.
- The platform creates an ecosystem of its partners from various industries such as theaters, restaurants, hotels, etc.
- Users, partners and investors can use PLN, Plearn’s native token, to stake and swap in Plearn’s DeFi farm and pool.
|Total Token Supply||91,485,344|
|Current Circulating Supply||See app.plearnclub|
|Market Capitalisation||See app.plearnclub|
|Token Creation Date||December 2021|
|Can it be mined?||No|
Who is behind Plearn?
Plearn’s founder team is currently anonymous as the organization does not have public members. However, Plearn consists of several partners who aim to grow their business with the platform such as Phill Collection, FavStay, and more to come.
What is the purpose of Plearn?
Plearn is a platform created to change the way investment is perceived. It aims to make investment a fun part of your lifestyle by gathering partners from different parts of the industry, to benefit both users and investors.
- Plearn investors not only benefit from the platform by staking, but also discounts on goods and services redeemed. Moreover, the business partners of the platform are allowed to expand their businesses to a wider range of customers. Plus they will earn more when PLN value increases.
- New users who sign up on the Plearn application will automatically receive their first privilege. The platform uses a range system to reward its users which means the more the users invest or use the services, the higher rank and benefits they get.
There are five tiers of users which are
- The platform has already enabled swapping from BUSD, BNB, SIX into PLN, and is currently working on gaining new strategic partnerships, as well as its referral program.
- Plearn exchange is an automated market maker (AMM). The liquidity providers have to stake their tokens in the pool and the users can use the LP tokens to earn PLN from the Farm.
- PLN is geographically targeting Thai users in terms of both their partnerships as well as their possibilities for redemption. This may limit their scope for growth unless they expand.
- Many PLN tokens are distributed to the platform liquidity provider. There is an obligation for the platform users and token holders. As a result, PLN tokens may have a problem in token inflation.
News and Updates:
- The PLN token can exchange with the lucky draw which is a yacht party around the Chao Phraya River.
- Plearn releases a new high-yield farm with a 3 days lock.
Community & Whitepaper Links:
Official Website: https://plearnclub.com/
White Paper: https://docs.plearnclub.com/docs/
All investments are speculative and involve substantial risk and uncertainty. Investors should understand the nature of digital assets including the terms of return and the risk of assets. We encourage investors to fully understand the assets and the risk associated with them prior to making any investment.
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