PLUTUS is the cross-chain yield- and governance layer backing the Plutus protocol and ecosystem.
The yield-bearing and vote-enabling escrowed version xPLUTUS is made available on each chain PLUTUS, the LayerZero OFT, is deployed on.
Plutus buys back PLUTUS using revenue and productive treasury funds and distributes this PLUTUS -denominated real yield to xPLUTUS stakers. Thus funneling circulating supply to those most aligned with the protocol.
PLUTUS, as an Omnichain Token, can be bridged between eligible chains.
The transfer through LayerZero does incur some fees in addition to gas on both the source and destination chains. Upon transfer, Plutus burns the transferred tokens on the source chain, and mints you new tokens on the destination chain.
Please note, that cross-chain transfers can take a little longer than on-chain transfers.