Dialogue: Plume Network Founder Explains RWA-Fi Vision

Chris Yin, co-founder and CEO of Plume Network, recently gave an interview where he delved into Plume's vision and strategy in the realm of real-world assets (RWA). Here are the key points from the conversation:

Plume's RWA Vision

Plume is building a dedicated chain for RWA, aimed at simplifying on-chain interactions of RWA, making them as accessible and liquid as crypto-native assets. Plume combines RWA-Fi with DeFi, allowing users to easily lend, trade, and speculate on RWA just like they do with crypto assets.

Why a Dedicated RWA Chain is Necessary

Chris explained that RWA operates efficiently on-chain requires specialized infrastructure, including customized features for issues such as permission management, compliance, and liquidity. Existing chains have not been optimized for these needs, prompting Plume to develop its own ecosystem.

Challenges Faced by Institutions and the Role of Blockchain

Institutions are beginning to realize the value of public blockchains. Public chains provide an open, permissionless ecosystem that can drive innovation and efficiency, making them more suitable for large-scale adoption by institutions. This is the key driving force behind Plume's integration of RWA into the crypto ecosystem.

RWA Examples and Use Cases

Plume is tokenizing tangible assets such as solar farms, oil fields, and corporate bonds. For example, users can invest in solar farms that have long-term contracts with government agencies to obtain stable returns. These assets provide stable returns like 12-15% annual yield, distributed in the form of stablecoins and governance tokens.

Cross-Chain Liquidity and Seamless Experience

Chris emphasized the advancements in bridging technology between EVM chains, making asset movement smoother. Plume focuses on building tools to facilitate the easy flow of assets and funds between networks.

The Success of the Plume Test Network

Plume's testnet has achieved great success, with over 3.5 million active wallets and more than 251 million transactions in just four weeks. More than 150 protocols have been built on this network, indicating strong market interest in Plume's RWA solutions.

Plume's RWA-Fi Method

Unlike projects that merely tokenize RWA, Plume focuses more on RWA-Fi, which endows these assets with DeFi-native utility. Plume's strategy is to integrate RWA into the existing DeFi ecosystem to provide users with liquidity, flexibility, and yield opportunities.

Innovative Speculative Market

Plume is exploring innovative speculation markets based on real-world data, such as Pokémon cards, sneakers, GPU prices, and even socio-economic indicators. Users can perform high-leverage operations on these assets, providing unique speculative opportunities.

Profit Strategies

Plume offers returns of 10% to 30-40%, depending on the asset and risk level. Users can deposit stablecoins into yield-bearing assets such as solar farms or corporate bonds to earn returns in the form of stablecoins and tokens.

Global Coverage and Community Building

The Plume community is very diverse, covering Asia, Latin America, Europe, the Middle East, and Africa. The network attracts RWA enthusiasts and crypto traders. Plume's growth strategy includes building communities globally and closely collaborating with partners to expand the use cases for RWA.

Token Economics and Usability

Plume will launch a native token as an important part of the ecosystem. Token holders will be able to earn returns from various RWA projects on the network and use it for governance purposes. Through launchpads and launch pools, token holders can participate in RWA projects and obtain stable returns.

Institutional Cooperation Relationship

Large institutions such as BlackRock and Fidelity are becoming increasingly interested in the RWA sector. Chris predicts that institutions will gradually realize the advantages of open networks over private networks, and Plume is seizing this trend by building infrastructure that meets institutional needs.

Transparency and Risk Mitigation in the Real World

Plume ensures the transparency of RWAs by collaborating with reputable custodians and conducting real-time monitoring of assets. For example, solar farms on the platform provide real-time data on energy generation and income, allowing users to verify earnings in real time.

Long-term roadmap and future vision

Chris outlined the roadmap for Plume, including the transition from testnet to mainnet, expanding the ecosystem, and launching the Plume token. Plume aims to become the preferred platform for RWA tokenization and adoption, focusing on making RWA more accessible and practical for crypto-native users.