Plume began with a simple vision: life is better onchain. Our goal is to make the real world accessible and user-friendly as crypto-native assets.
To achieve this, we've developed full-stack infrastructure that serves two main purposes: first, to make Plume the easiest platform for bringing real world assets (RWAs) onchain; and second, to create a seamless experience for transacting with these assets on our EVM-compatible RWA Chain and ecosystem.
However, Plume’s mission goes much further. While tokenization of RWAs is an important step, what truly matters is integrating the real world into the blockchain.
We're focused on real, asset-backed, crypto-native use cases such as yield farming, looping, and speculation, which we call RWAfi. From earning passive income on oil royalties to leveraging carbon credits or speculating on rare collectibles like Pokémon cards, Plume is redefining how we interact with the real world.
Token Allocation
The maximum supply of Plume tokens ($PLUME) is capped at 10 billion, with an initial circulation of 20%. The largest portion of the token supply, 59%, is dedicated to fueling the growth and development of the ecosystem, while 20% is allocated to early contributors and 21% to early backers who have supported Plume's vision from the outset.
Token Distribution Schedule
Distribution for Community, Ecosystem and Foundation (59%)
The majority of the total token supply, 59%, has been allocated to Community, Ecosystem, and Foundation tokens. These tokens are intended for ecosystem-related initiatives, such as grants, community incentives, marketing campaigns, validator rewards, and liquidity provisioning.
- Community & Ecosystem: the support of ecosystem projects and community growth initiatives now and in the future
- Ecosystem Grants: Funding to drive innovation, improve infrastructure, and support RWAfi adoption
- Plume Foundation: the operations of the Plume Network Foundation, which is responsible for overseeing the R&D, growth, and decentralization of Plume Network
- Community Airdrop: 7% of total supply to bootstrap network effects and reward early community engagement
Distribution for Early Backers (21%)
21% of the token supply has been allocated to key strategic network participants, aimed at ensuring the long-term growth and stability of the network. This group includes early institutional investors, technical partners, and seasoned crypto experts who have played a crucial role in providing strategic guidance and support to Plume’s ecosystem.
The tokens allocated to these strategic participants will remain locked at the Token Generation Event (TGE) and distribution will follow the Token Release Schedule.
Distribution for Core Contributors (20%)
20% of the total supply has been designated for the core contributors to Plume. This allocation is intended for the group of early contributors that have been instrumental in building and securing Plume Network, driving its engineering, product development, infrastructure, growth, and operational efforts.
None of these tokens will be unlocked at the Token Generation Event (TGE), and they will follow the Token Release Schedule for unlocking.
Estimated Token Release Schedule
At TGE, 20% of tokens will be in circulation, with the majority made available for community and ecosystem. The remaining 80% across various categories will vest in accordance with the distribution schedule.
Token Utility
$PLUME is the utility token within Plume Network’s ecosystem, designed to support the network's long-term goals and mission. Plume Network plans to create a range of uses for the native token, including the following:
- Gas Fees: To carry out transactions on the Plume platform, users are required to use the $PLUME token. This token serves as the essential medium for facilitating various operations and interactions within the Plume ecosystem
- Governance: Users can participate in network governance by voting with their $PLUME tokens, influencing key decisions such as protocol updates and feature changes.
- Staking and Delegation: Users and validators have the option to stake $PLUME tokens to help secure the network’s operations. In return for their contributions, they can earn staking rewards. This process not only supports the network’s stability but also incentivizes active participation in maintaining its security and performance.
- Ecosystem Liquidity: $PLUME plays a key role across the ecosystem by being used for liquidity provisioning, serving as collateral, and supporting various other use cases. This broad utility helps maintain a fluid and efficient system, ensuring smooth transactions and interactions within the platform while enhancing the overall user experience.
The Future of RWAfi
With the launch of $PLUME, the Plume Foundation reaffirms its commitment to the Plume community and ecosystem, enabling hundreds of applications, and bringing trillions in real world assets onchain to Plume's L1 RWA Chain.
This is just the start of Plume's journey to bring the real world onchain through RWAfi.