Plume Community’s RWA Momentum Continues as Nest Marketing campaign Pushes Pre-Deposits to $64M

New York Metropolis, United States, December thirty first, 2024, Chainwire

Forward of its anticipated mainnet launch, Plume Community as we speak introduced its pre-deposit vaults have reached $64.4M in whole deposits following the profitable completion of its newest marketing campaign with Nest, the flagship RWA staking protocol. The Nest marketing campaign attracted $28.6M in deposits, following StakeStone’s earlier pre-deposit marketing campaign, demonstrating vital demand for RWA-backed DeFi choices.

The Nest RWA staking marketing campaign noticed greater than 20,000 customers take part for early entry, highlighting sturdy curiosity within the protocol’s revolutionary method to actual world asset yield era. Nest, constructed completely on Plume, will present depositors first entry to its staking vaults, providing a wide range of yields backed by institutional-grade actual world belongings, prime crypto belongings, or steady treasuries.

Pre-deposits in USDT and USDC gave early customers entry to Nest’s vaults with boosted reward charges earlier than mainnet. By way of Nest’s ecosystem on Plume, customers gained permissionless entry with out middlemen to yield alternatives from institutional belongings sometimes restricted to conventional finance.

“We designed this marketing campaign with our group in thoughts,” mentioned Teddy Pornprinya, Co-founder at Plume. “When our preliminary vault crammed inside 20 minutes, we listened to our group who had requested us to broaden earlier vaults, and opened entry past our preliminary $10M cap. We’re dedicated to our early supporters – not solely are we preserving their rewards, we’re truly growing the overall reward pool to match the extra deposits.”

The sturdy response to those campaigns reinforces Plume Community’s place as a number one platform for RWA protocols and DeFi customers. With its EVM-compatible infrastructure and full-stack tokenization structure, Plume has already attracted over 180 tasks to its ecosystem, whereas Nest offers asset issuers unparalleled distribution to Web3 customers.

Nest’s launch will function three key vaults: a flagship RWA Vault providing liquid entry to yields from established asset managers like Blackstone (NYSE:BX), Carlyle, and Pimco; a Treasuries Vault offering steady returns by way of AAA-rated belongings managed by Plume’s companions M^0, Mountain, and Anemoy; and a Excessive Yield Vault for customers looking for progress alternatives by way of blue-chip crypto belongings.

“Every vault is designed for various consumer preferences whereas sustaining core rules of safety and liquidity,” mentioned Alex Palmer, Head of Product at Plume. “Whether or not customers select the RWA, Treasuries, or Excessive Yield vault, they will simply deposit and withdraw whereas incomes high-quality yields. Trying forward, we’re exploring further vaults that might embody publicity to AI infrastructure, GPUs, authorities bonds, and actual property.”

Nest’s vaults are secured by a number of audit companies together with SlowMist, threat evaluation by Cicada Companions, and an extra audit to be accomplished by Path of Bits.

The success of each pre-deposit campaigns indicators rising institutional and retail demand for actual world belongings, establishing Plume Community as a cornerstone of the rising RWAfi ecosystem.

About Plume Community

Plume is the primary absolutely built-in L1 modular blockchain targeted on RWAfi, providing a composable, EVM-compatible surroundings for onboarding and managing various real-world belongings. With 180+ tasks on its non-public devnet, Plume offers an end-to-end tokenization engine and a community of monetary infrastructure companions, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.

For extra info, go to https://plumenetwork.xyz and https://x.com/plumenetwork.

About Nest

Nest is the flagship staking protocol on Plume enabling customers to earn institutional-grade yields by way of actual world belongings. The permissionless protocol permits fund managers and issuers to create structured choices, whereas giving customers entry to historically restricted belongings and alternatives. Audited by SlowMist and risk-assessed by Cicada Companions, Nest leverages Plume’s infrastructure to democratize entry to institutional yields.

For extra info, go to https://nest.credit score and https://x.com/NestCredit

ContactPlume Communitypress@plumenetwork.xyz

This text was initially printed on Chainwire