The Plume Genesis launch ushers in the next generation of RWAfi after a successful Alpha phase.
Plume Network announced the launch of Plume Genesis, its public mainnet which aims to enable true DeFi composability with real-world assets (RWA).
Plume Genesis debuts with on-chain institutional-grade RWAs — over US$150 million in utilised RWA capital across various use cases, deep liquidity across multiple asset classes, and over 200 announced projects in its ecosystem.
The ecosystem includes a large constellation of RWAfi-native and blue-chip DeFi applications including Morpho, Curve, and Matrixdock. Through Plume, RWA tokens behave just like crypto-native tokens, enabling users to seamlessly integrate high-yielding real-world assets across familiar DeFi features like lending, liquidity provision, yield farming, and leveraged positions.
“RWAfi reimagines real-world assets as composable, yield-bearing primitives that behave like crypto,” commented Chris Yin, co-founder and CEO of Plume. “By introducing new DeFi use cases to institutional-grade assets, we’re making RWAs as easy to use as any other crypto asset.”
With the launch of Plume Genesis, all users can now access:
- Plume Portal: The central hub for discovering dApps, tracking rewards, managing positions, and optimising yield.
- Yield-Bearing RWAfi Assets: Institutional-grade assets including treasuries, money market funds, yield-bearing stablecoins, and private credit funds, alongside alternative investments like durian farms, cultural IP, GPUs, and mineral interests.
- Royco: The incentivised action protocol will power productive liquidity for Plume dApps through incentive distribution. By depositing assets into various Royco vaults, users will earn boosted yields and dApp rewards.
- $PLUME Token Utility: $PLUME can be used for gas, staking, governance, collateral, and ecosystem access.
- Cross-Chain RWA Yields: Powered by Plume’s Skylink infrastructure, interoperable RWA yields can stream across 20+ networks.
“Plume Genesis represents a critical inflection point for RWA distribution and institutional access,” Teddy Pornprinya, co-founder and CBO, shared. “With global regulatory headwinds for crypto ceasing, for the first time, institutions can safely access tangible yield-bearing assets at scale. As these assets become a key focal point for regulators, we’re building the infrastructure to make them a bridge to mainstream adoption.”
The company continues engaging with policymakers domestically and internationally to shape the future of crypto and capital markets innovation, including recent meetings with US lawmakers, the US Department of Treasury, and SEC, as well as Hong Kong Legislative Council Members and policymakers across Europe and the United Arab Emirates.
In the coming months, Plume will introduce a wide variety of esoteric asset classes and RWAfi use cases to its ecosystem, including tokenised fine art, precious metals, tuk tuks, uranium, and trading cards, broadening the horizon for RWA utility on-chain.
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