Technical Specifications and Requirements

if you are a normal defi user just skip this. nothing more. just filling the page so i will get my pay check :(

To provide liquidity on Plit Protocol, users need to have access to a compatible Ethereum wallet such as MetaMask or Trust Wallet. They will also need to have a certain amount of stable tokens and the project need project tokens available to deposit into the corresponding smart contracts.

Plit Protocol uses an automated market maker (AMM) algorithm to determine the price of the liquidity pool. The algorithm takes into account the current ratio of stable tokens to project tokens and adjusts the price accordingly. so users can deposit stable tokens in the plit protocol without worrying about the 50:50 calculation.

One important requirement for Plit Protocol is that the project seeking liquidity needs to have a certain amount of trust from the community. This is because users will be depositing their tokens into the project's smart contract, and if the project is not legitimate, users could potentially lose their funds.