Plutus currently has 4 plsASSETs.
plsGRAIL
plsSYK
plsSPA
plsRDNT
Minting plsASSETs
Liquidity pools (LPs) should be the preferred method for entering plsASSETs, as they offer the most efficient entry. Direct conversion may often result in an immediate loss, so swapping is the smarter option for maximizing value.
Users may deposit GRAIL, SYK, RDNT, or SPA into Plutus, which are locked forever as xGRAIL, xSYK, RDNT dLP, or veSPA respectively.
Plutus issues a tokenized representation of the asset as a plsASSET (e.g., plsGRAIL, plsSYK, plsRDNT, or plsSPA).
Staking plsASSETs
With plsASSETs, users can achieve exposure to max-locked rewards without locking their tokens. Through a liquid staking derivative, users can exit their plsASSET position for the respective token whenever they wish. With additional incentives beyond the max-locked veASSET yield, plsASSETs provide a more lucrative and liquid alternative than the native option of max-locking an asset. Note that protocol fees are applied to plsASSETs.
plsASSETs can be staked on Plutus to receive their respective platform's max-locked fees/single stake rewards, PLS emissions, and a portion of yield from Plutus’ Productive Treasury.

plsASSETs Liquidity Pools
In the future, Smart LPs will have the ability to mint tokens when the swap ratio exceeds 1:1.
When launched, users can swap plsSYK for SYK through plsASSETs-ASSET liquidity pools. Swap fees will be determined by Camelot.
The plsRDNT liquidity pool is live on Balancer.
Please note that the liquidity pool is not guaranteed to trade 1:1 with the underlying asset. The demand for both the asset and plsASSET determines the ratio of the liquidity pool. Plutus is not responsible for maintaining any ratio.
plsASSET over-collaterization
A key part of plsASSETs is over-collaterization. A portion of the fees are used to acquire plsASSETs off the market, effectively taking them out of circulation. As the underlying assets still yield, but the plsASSET isn't farming rewards, those rewards compound for plsASSET users.
Discontinued plsASSETs
These plsASSETs are no longer mintable, and liquidity has mostly been removed. However, redemptions are still available, allowing users to convert them back to the underlying assets.
plsJONES
plsARB
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