Today, we're thrilled to announce that Plume SkyLink has integrated with LayerZero, enabling a seamless and secure way to abstract yield distribution for real-world assets (RWAs) across multiple blockchain ecosystems. This partnership brings Plume's vision of a connected RWAfi landscape to life, allowing investors to access and manage institutional-grade yields from anywhere permissionlessly.
What is SkyLink?
SkyLink is our proprietary solution for secure, cross-chain RWA distribution. Designed as a solution for interoperable RWAs, SkyLink allows investors on different chains to receive real-time yield directly to their wallets. SkyLink redefines how cross-chain interactions happen for tokenized assets, enabling users to track and access yield confidently across any number of applications they choose within any ecosystem.
Key features of Plume SkyLink:
- RWA Interoperability: Seamlessly access RWA yields across chains while preserving Plume's asset custody and compliance infrastructure, reducing risk and enhancing efficiency.
- Real-time Yield Streaming: Yield is distributed continuously, empowering investors to enjoy instant access and redemption.
- Distribution Hub: SkyLink allows the distribution of RWAs across different networks beyond gated environments while removing traditional friction points to enhance accessibility.
SkyLink’s Mirrored YieldTokens: Flexibility Across Chains
SkyLink’s integration with LayerZero allows for the creation of mirrored YieldTokens across target chains, a game-changer for cross-chain functionality. When a YieldToken is created on Plume, mirrored tokens are automatically established on each participating chain utilizing LayerZero’s SyncPools architecture.
- SyncPools: Enable unified pools with easy cross-chain mint and burn functions to issue and redeem YieldTokens seamlessly across multiple chains utilizing state updates from lzRead.
- Tokenization Capabilities: YieldTokens reflect only the yield component of tokenized RWAs on Plume and inherit all underlying security and compliance features of the assets represented.
- Native Composability: Ensures yield-bearing asset tokens are easily composable across various DeFi applications, creating new opportunities for trading, staking, and collateralizing YieldTokens across ecosystems.
By creating mirrored YieldTokens, SkyLink allows Plume to become the distribution hub for interoperable RWAs, facilitating strategies like reinvestment and collateralization across any investor access point from blockchains to abstracted frontend interfaces.
Why LayerZero?
LayerZero’s robust messaging infrastructure powers SkyLink’s yield distribution through SyncPools in conjunction with omnichain state updates via lzRead, LayerZero’s data primitive that launched this week. This deep integration with LayerZero ensures that data is synchronized across rollups and sovereign chains, enhancing the liquidity and flexibility of YieldTokens.
SkyLink extends RWA functionality beyond gated localized environments; this integration simplifies the accessibility of tokenized assets everywhere, allowing investors to focus on optimizing RWAfi strategies rather than the technical complexities of managing or migrating asset infrastructure across multiple chains.
Moving Forward
This LayerZero integration is a significant milestone for Plume and a crucial step toward building a unified, cross-chain RWAfi landscape. Plume SkyLink now empowers investors to seamlessly access and manage real-world assets across ecosystems, redefining what’s possible in yield management.
Stay tuned as we continue to build and expand our partnerships, pushing the boundaries of RWAfi and providing innovative solutions for the future of cross-chain finance.