14 Tweets 1 reads Mar 21, 2023
Finding who owns governance on a chain can be extremely lucrative.
Finding who owns governance on Arbitrum can be life changing.
“Oh no, not another alpha packed Arbitrum thread”: 🧵
Billions of dollars are about the find their way into the Arbitrum eco.
Finding out what protocol holds governance across an ecosystem that’s flush with cash.
I found that Plutus DAO (@PlutusDAO_io) is the black hole for governance on Arbitrum.
Let’s conduct some research: 👇🏻
1: What is Plutus?
Plutus is a governance aggregator on Arbitrum.
Therefore it offers you extra rewards but also gains governance on major Arbitrum protocols such as:
- GMX
- Sperax
- Dopex
- Jones
The best of Arbitrum DeFi. You can find out extra details here:
2: Governance
If you want exposure to the best DeFi on the Arbitrum ecosystem then Plutus is your protocol by proxy.
Billions of dollars are about to get injected into this ecosystem.
Holding governance on these protocols means Plutus holds the key in directing liquidity.
3: Looking into % locked over time
Here I have used @defi_mochi dashboard to showcase % locked over time of these governance tokens.
You can see they hold a large % of:
- veDPX
- veSPA
- veJONES
4: Governance % comparison
Here’s a nice visual to see a bit of the power accrued in Arbitrum governance.
52% DPX
90% JONES
45% SPA
5: plvGLP
Plutus offers an auto-compounding GLP vault in plvGLP.
Therefore owning a large amount of the liquidity on GMX.
6: Catalysts
- Plutus V2
- Bribing rewards
- Arbitrum airdrop
The flywheel is really going to take off, the hard work has been put in place by the team to own governance in top Arbitrum protocols.
Incentivised liquidity will come at a premium and Plutus can provide it.
7: Arbitrum airdrop
It can’t be underestimated how much of a boost this airdrop is going to be for the ecosystem.
$PLS acts as a proxy token to owning the best of what Arbitrum DeFi has to offer.
If you’re bullish Arbitrum DeFi then keep an eye on @PlutusDAO_io.
8: Summary
The flywheel is about to take off and Plutus is at the heart off it.
Therefore (full disclosure), I have aped in, (this is not a sponsored post).
The perfect concoction of catalysts is about to hit all at the right time.
Have a look at the analytics in more detail:
Recent AMA revealed a lot of exciting news:
Hold one token to have a large % control of all the incoming liquidity on Arbitrum?
Sounds good to me.
If you found this thread useful please:
- like, retweet, and follow 🙏🏻
More governance control announced:
plsARB
plsRDNT

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