# PLUME ($PLUME)

### Plume Token ($PLUME)

**$PLUME** is the native utility token of the Plume Network, powering a modular blockchain optimized for Real World Assets (RWAs). It facilitates transactions, governance, and incentivizes ecosystem growth.

You can review the token on:

* [Etherscan](https://etherscan.io/address/0x4C1746A800D224393fE2470C70A35717eD4eA5F1)
* [coingecko](https://www.coingecko.com/en/coins/plume)
* [CoinMarketCap](https://coinmarketcap.com/currencies/plume/)

### Token Utility

**$PLUME** serves multiple functions within the Plume ecosystem:

* **Gas Fees:** Used for transaction fees on the Plume Network.
* **Governance:** Enables holders to participate in network decision-making processes.
* **Staking:** Allows users to stake tokens, contributing to network security and earning rewards.
* **Ecosystem Incentives:** Rewards for participating in community activities, quests, and referrals.

### Ecosystem Integration

**$PLUME** is integral to various aspects of the Plume ecosystem:

* **DeFi Applications:** Facilitates yield farming, looping, and speculation on tokenized RWAs.
* **Real World Asset Tokenization:** Enables on-chain representation and interaction with assets like real estate, commodities, and collectibles.
* **Community Engagement:** Drives user participation through incentives and governance.

### Token Supply & Allocation

**Total Supply:** 10 billion $PLUME tokens\
**Initial Circulating Supply at TGE:** 20% of total supply

**Allocation Breakdown:**

* **Community, Ecosystem & Foundation (59%):** Supports grants, community incentives, validator rewards, and liquidity provisioning.
* **Early Backers (21%):** Allocated to strategic partners and investors contributing to Plume's development.
* **Core Contributors (20%):** Designated for the team driving Plume's engineering, product, and operational efforts.

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