What is Plume?

Plume is a modular Layer 1 blockchain designed specifically for the tokenization of Real-World Assets (RWAs). It offers a composable, EVM-compatible environment for accessing and managing a diverse range of real-world assets. Plume simplifies the on-chain integration of RWAs through native infrastructure and a unified RWAfi-specific function across the entire chain. By leveraging decentralized finance (DeFi) infrastructure and its vertically integrated technology, Plume brings RWAs into the digital economy, making them more accessible, liquid, and efficient.

Founded in 2023, Plume has already partnered with prominent projects such as Ondo Finance, Celestia, and LayerZero, and its ecosystem includes over 180 protocols. Plume has successfully tokenized $4 billion worth of assets, with 18 million network addresses and a total of 280 million transactions.

Why is Plume Needed?

Most previous RWA projects were designed for traditional finance (TradFi) audiences. However, blockchain users typically have a crypto-native mindset, and their demands for products and experiences differ from those offered by TradFi. The key principles of the crypto world—liquidity, composability, and permissionless environments—are crucial. In DeFi, users have ownership of their assets, can freely transfer them, and even use them as collateral because these assets are programmable and open.
These principles should be applied to RWA protocols, meaning that users can access the DeFi ecosystem through the value of real-world assets, hold tokens representing these assets, and begin earning stable, secure returns—potentially ranging from 5%, 10%, 15%, or even 20%. Furthermore, these assets should maintain liquidity, so if you wish to sell or swap them, you can do so anytime without permission.
Plume changes the status quo by bringing real-world assets on-chain and integrating synthetic assets into this new ecosystem for decentralized lending, trading, financial products, and other use cases. This bridges the gap between traditional finance and the crypto ecosystem.

What is RWAFi?

RWAFi (Real-World Asset Finance) is a new paradigm in blockchain finance, where real-world assets are digitized and tokenized—these can be physical assets or real-world data. Like other crypto-native assets, RWAs can be traded, held, or used as collateral. Plume brings this transformation by implementing the following:

• Native Account Abstraction (Smart Wallets): Plume natively implements account abstraction at the protocol level, meaning that every externally owned account (EOA) on Plume acts as a smart wallet. This allows users to execute complex logic, interact with multiple RWAs, and seamlessly execute gas-sponsored transactions. Unlike ERC-4337-based abstractions that require separate smart contract accounts, Plume’s smart wallet stores custom code directly within the user’s EOA, making it highly flexible and reducing transaction costs.
• Data-Driven Finance: Plume uses its data highway to facilitate data-driven investment strategies, surpassing financial tools by using TLSNotary to deliver validated off-chain data feeds. Users can stake or speculate on economic indicators or commodity prices, bringing real-world events onto the chain. This bridges traditional financial data with blockchain-native DeFi applications, expanding the range of financial products and investment opportunities available on Plume.

Key Features of Plume

Built-In AML Compliance

Plume integrates compliance checks into its platform through a network of compliance partners, ensuring that all tokenized assets undergo anti-money laundering (AML) checks, streamlining regulatory compliance and user onboarding.

Liquidity and Trading Support

Plume’s enhanced trading features increase liquidity options for RWA tokens, including staking, yield farming, and integration with DeFi protocols to support market activity. Users can trade assets, reduce slippage, increase asset stability, and take advantage of liquidity and yield opportunities in the RWA market.

Data Integration & Analytics

The platform integrates reliable data sources directly into the network, allowing users to utilize accurate and up-to-date data in DeFi applications, lending protocols, and asset valuation. By obtaining trustworthy data, users can make informed decisions about tokenized assets, enhancing the functionality and accuracy of on-chain financial products.

Plume Roadmap

Crypto-Native Foundation (2024-2025): Developing foundational tools, smart contract infrastructure, and integrations for crypto-native users to tokenize RWAs.
RWA Market Expansion (2025-2026): Expanding the Plume ecosystem to include a wider range of RWA categories and yield-generating use cases.
Traditional Finance Integration (Post-2026): Establishing partnerships with traditional financial institutions and custodians to bridge decentralized finance with traditional finance.

Funding Background

May 24, 2024: Plume raised $10 million in seed funding, led by Haun Ventures, with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, and Reciprocal Ventures.
December 18, 2024: Plume completed a $20 million funding round, led by Brevan Howard Digital, Haun Ventures, Lightspeed Faction, and Galaxy Ventures.

Plume Tokenomics

Token Utility:

$PLUME is the native utility token of the Plume Network ecosystem:

• Gas Fees: Users need $PLUME tokens to pay for transactions on the Plume platform, making it the key medium for various operations and interactions within the ecosystem.
• Governance: Users can participate in network governance by voting with $PLUME tokens, influencing key decisions such as protocol upgrades and feature changes.
• Staking & Delegation: Users and validators can stake $PLUME tokens to help secure the network and earn staking rewards.
• Ecosystem Liquidity: $PLUME is used across the ecosystem for liquidity provisioning, collateral, and supporting various other use cases.

Token Distribution:

The total supply of $PLUME is capped at 10 billion tokens, with an initial circulating supply of 20%. The distribution is as follows:

• Plume Ecosystem Growth & Development: 59%
• Early Contributors: 20%
• Early Supporters: 21%
  

Gate.io Now Supports $PLUME Spot Trading