Summary
PLANET ReFi proposes to get the token PLANET listed on the Isolated Lending Market of Venus. Here we elaborated on why including PLANET could add value to the Venus protocol.
Background
About PLANET ReFi
Planet ReFi ($PLANET) one of the pioneers under #ReFi is partnering with the world’s biggest celebrities and introducing Real-World Assets (RWAs) to Web3. This initiative is not just about innovation; it’s about disruption, targeting the massive $300 billion Green Tech Market. By bringing real-life experiences to global fans and deploying the proven Amazon flywheel revenue model, PLANET is not only creating a sustainable revenue stream but laying the foundation of social change and a global do-good movement.
The mission is clear to have $PLANET at the core, providing a wide array of utilities ranging from Mystery Boxes to DAO governance, Revenue generation, and many others.
About $PLANET
$PLANET is the native token of Planet ReFi, a movement using the blockchain to address the world’s most pressing sustainability challenges. The Planet ReFi cause is driven by an unwavering commitment to the world’s most pressing challenges, outlined by the 17 Sustainable Development Goals (SDGs) set forth by the United Nations.
$PLANET harnesses the inclusivity of web2 and web3 to bring global communities together for environmental causes. The token uses the power of celebrity and fandom to mobilize planet-wide action — with the world’s biggest celebrities championing causes dear to them.
Our communities are essential to achieving scalable results that change our future. From social startups to the United Nations, we strike partnerships that spark positive change to build a future we can all be proud of while putting social responsibility, sustainability, and regeneration front and center.
In less than 5 months, Planet ReFi has gained 160K+ community members and has partnered with the likes of BNB Chain, Binance Oracle, Uniswap, Pancake Swap, etc, and is listed on CEXs like ByBit, Poloniex, MEXC, Bitget, BitMart, and Gate.io.
Our contracts have been successfully audited by CertiK. Planet ReFi is in the top 10 percent of all CertiK projects across 6 categories including trading volumes, social engagement, market cap, and token activity.
Safety remains our guiding principle, and our $10,000 Bug Bounty is still live on Certik.
Reference points:
- Project’s trading volume is in the top 10%
- Project’s Twitter followers are in the top 10%
- The project has security audits
- Project’s market cap is in the top 10%
- Project’s token activity is in the top 10%
- The project has an ongoing bug bounty
- Project’s governance strength score is in the top 10%
- The project’s operational resilience score is in the top 10%
Source: PLANET - CertiK Skynet Project Insight
Benefits
Suppliers of Planet token will enjoy the flexibility of migrating their deposited liquidity from Ethereum and BNB Chain, whether in LP and/or staking or from CEXs to Venus, diversifying their accumulation strategies.
With an estimated Mcap of $51.6 million (PLANET price today, PLANET to USD live price, marketcap and chart | CoinMarketCap), the potential transfer to Venus would likely stem from the following sources:
CEX = $11 million (PLANET - CertiK Skynet Project Insight)
Planet single staking (50% APR) = $4.9 million
Uniswap LP (Eth/Planet) = $0.9 million
Pancakeswap LP (BNB/Planet) and Cake Syrup Pool = $0.5 million
For this quarter, the incoming announcement from the GOAT will forge new partnerships and the launch of Mystery Box sales, will bolster the appeal of borrowing the Planet token to tap into fresh opportunities.
Incentives
Planet ReFi will provide $PLANET token incentives to increase rewards and bring more users to the Venus Platform
Seed liquidity: $10,000 in $PLANET
Incentive rewards for users: $3,000 in $PLANET ($2,000 in $PLANET for the first 2 weeks and $1,000 for the next 4 weeks.)
Specifications:
ERC20: 0x2ad9addd0d97ec3cdba27f92bf6077893b76ab0b
BEP20: 0xca6d678e74f553f0e59cccc03ae644a3c2c5ee7d
Market Cap: $51.6M
Website: https://planetrefi.com
I’m just kidding you wrote up a sick title 
if Chaos labs see no issues with it you have my support 