PLUME ($PLUME) Token
The native utility token of the Plume Network
Plume Token ($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.
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Token Utility
$PLUME serves multiple functions within the Plume ecosystem:
Real-World Yield: Unlock real yield using $PLUME by using it across dApps.
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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