StakeStone and Plume Unlocking New Potential Yields Across RWAfi and Liquid Staking Assets
New York City, USA, November 7th, 2024, Chainwire
Plume Network is thrilled to announce its partnership with StakeStone, an omnichain liquidity asset protocol revolutionizing staking and liquidity management. This collaboration is set to redefine how users interact with liquid staking and Real World Asset Finance (RWAfi), unlocking new yield opportunities for both RWA enthusiasts and institutional investors.
Pre-Deposit Campaign Details
As part of this joint campaign, users can deposit into a pre-deposit vault. The pre-deposit vault will be capped at $5 million, allowing users to deposit SBTC and STONE to potentially earn Plume Rewards.
This campaign is accessible through multiple distribution channels, including the StakeStone website and the Plume website. The integration ensures that StakeStone users can easily participate, making it even more convenient to engage with the pre-deposit options provided by StakeStone and Plume.
Bringing Together Liquid Staking and RWAs
StakeStone’s liquid assets and yield-generating opportunities are a perfect match for Plume’s RWAfi-driven infrastructure. By tokenizing assets like $ETH and $BTC, StakeStone lets users potentially earn yield while still keeping their liquidity intact. Together, with Plume, StakeStone is opening up more possibilities by simplifying access to RWAs, like tokenized T-bills and private credit. This partnership creates a one-stop platform for staking and real-world investments.
This collaboration enables StakeStone to tap into the expanding RWAfi ecosystem, leveraging Plume’s infrastructure to offer liquid staking assets within a more diverse investment landscape. Plume, in turn, enhances its platform with cutting-edge liquid staking solutions that boost capital efficiency across our network of 180+ RWA projects.
How Staking Works
Staking is a key element in the Proof of Stake (PoS) mechanism, where users lock up their assets to secure the network and validate transactions. StakeStone utilizes Ethereum’s PoS mechanism and goes beyond traditional staking by allowing users to leverage Liquidity Staking Tokens (LSTs) like STONE for yield-bearing opportunities.
When participants stake their tokens, they contribute to the security and efficiency of the blockchain while potentially earning rewards. The locked tokens help maintain the decentralized nature of the network, and in return, participants receive a yield based on their staked assets.
The integration of StakeStone’s adaptive staking protocol with Plume’s RWAfi-focused infrastructure enables participants to stake $ETH or $BTC through StakeStone’s liquid assets, allowing them to earn staking rewards and benefit from liquidity provision across multiple chains, all within a unified platform.
Unlocking New Yield Opportunities
By integrating StakeStone’s liquid STONE and SBTC with Plume’s RWAfi platform, users are allowed to stake ETH or BTC. This collaboration eliminates the need for users to choose between staking rewards and liquidity provision. Users can now enjoy from both staking and tokenized RWAs, all within a single, secure ecosystem.
Through StakeStone’s liquid assets like STONE and SBTC, users gain access to true liquidity across multiple chains. Meanwhile, Plume’s modular RWAfi infrastructure facilitates seamless integration of tokenized RWA, providing users with diverse opportunities.
This Partnership and the Future of RWAfi
Companies joint vision is simple: to maximize the capital efficiency of RWAfi while making it easier for users to engage with RWAs and stake assets.
This partnership is also a major step forward in their mission at Plume to accelerate RWAfi adoption. With hundreds of millions in RWA assets set to launch on their mainnet, integrating StakeStone’s staking solutions ensures that they continue providing users with new ways to diversify their portfolios.
Scaling Up The Future of Liquid Staking and RWAfi
As Plume continues to scale their ecosystem, their goal is to integrate more yield-bearing opportunities for both stakers and RWAfi investors. The demand for liquid staking is only growing, and with StakeStone’s advanced staking solutions, they are poised to offer users access to liquid ETH and BTC, as well as tokenized real-world assets.
About StakeStone
StakeStone is a pioneering omnichain liquidity asset protocol that offers potentially yield-bearing liquid assets, including STONE and SBTC. With a focus on creating transparent, decentralized, and highly efficient staking solutions, StakeStone provides users with the flexibility to optimize returns across multiple chains and consensus mechanisms. Through adaptive staking, restaking, and a commitment to maximizing capital efficiency, StakeStone is setting new standards for liquid assets in the crypto space.
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About Plume
Plume is the first fully integrated and modular chain focused on RWAfi. They have built the first modular and composable RWA-focused EVM-compatible chain designed to simplify onboarding for all types of assets and streamline capital onboarding through native infrastructure and RWAfi-specific features unified chain-wide. For the first time, they are enabling a composable ecosystem of defi built around RWAfis with an integrated end-to-end tokenization engine and a network of financial infrastructure partners for builders to plug and play. We have 175+ projects building on their private devnet today, with everything from private credit to equities, collectibles, and more.