StakeStone and Plume Unlocking New Potential Yields Across RWAfi and Liquid Staking Assets

As a seasoned crypto investor with roots firmly planted in the bustling financial hub of New York City, I can confidently say that the partnership between Plume Network and StakeStone is nothing short of revolutionary. Having witnessed the evolution of the crypto landscape since the early days of Bitcoin, I’ve seen countless partnerships come and go, but few with the potential to reshape the industry like this one.

New York City, USA, November 7th, 2024, Chainwire

Plume Network is excited to share the news of its partnership with StakeStone, a groundbreaking omnichain protocol that specializes in liquidity assets. This collaboration aims to reshape the way users engage with liquid staking and Real World Asset Finance (RWAfi), opening up fresh yield possibilities for enthusiasts of RWAs as well as institutional investors, by providing innovative solutions to unlock new investment avenues.

Pre-Deposit Campaign Details

In the course of our collaborative initiative, participants are given the opportunity to contribute funds into a shared savings box, which we refer to as the pre-deposit box. This special box has a limit of $5 million for deposits, enabling users to invest SBTC and STONE in order to possibly receive Plume Rewards.

This campaign can be accessed via several platforms, such as the StakeStone and Plume websites. By linking these sites, it becomes effortless for StakeStone users to join in, and it’s particularly convenient to explore the pre-deposit features offered by both StakeStone and Plume.

Bringing Together Liquid Staking and RWAs

StakeStone’s liquid assets and income-producing options align seamlessly with Plume’s RWAfi-based infrastructure. By converting assets such as Ethereum ($ETH) and Bitcoin ($BTC) into tokens, StakeStone allows users to potentially generate returns while maintaining their asset liquidity. In conjunction with Plume, StakeStone is expanding the scope of opportunities by making it easier for individuals to access Real-World Assets (RWAs), including tokenized government bonds (T-bills) and private credit. This collaboration forms a comprehensive platform that combines staking and real-world investment possibilities.

Through this partnership, StakeStone can access the rapidly growing RWAfi ecosystem, utilizing Plume’s infrastructure to provide liquid staking assets within a broader investment context. In return, Plume strengthens its platform by integrating advanced liquid staking technologies, thereby improving capital efficiency across its network of over 180 RWA projects.

How Staking Works

In the Proof of Stake system, staking refers to the process where network security and transaction validation are handled by locking up one’s assets. This is how StakeStone operates, using Ethereum’s Proof of Stake mechanism. However, it doesn’t stop there; it offers something more than conventional staking by enabling users to make use of Liquidity Staking Tokens (LSTs), such as STONE, for earning interest or profits.

When people put their tokens into the system, they’re helping to increase both the security and speed of the blockchain, all while having the chance to get rewards. The tokens that are kept locked help preserve the decentralized structure of the network, and as a reward for their participation, individuals receive returns proportional to the assets they have staked.

By linking StakeStone’s flexible staking system with Plume’s RWAfi-centric infrastructure, users can now deposit either $ETH or $BTC as liquid assets through StakeStone, thereby earning staking rewards and profiting from liquidity offerings across various blockchains. This is all managed seamlessly within a single, integrated platform.

Unlocking New Yield Opportunities

Through the combination of StakeStone’s liquid STONE and SBTC with Plume’s RWAfi platform, users gain the ability to stake either ETH or BTC. This partnership eradicates the dilemma for users between earning staking rewards and maintaining liquidity. Now, users can reap benefits from both staking and tokenized RWAs in a unified, safe environment.

Via StakeStone’s liquid assets such as STONE and SBTC, users can tap into true cross-chain liquidity. Simultaneously, Plume’s flexible RWAfi structure makes it simple to incorporate tokenized Risk-Weighted Assets (RWA), offering users a variety of investment possibilities.

This Partnership and the Future of RWAfi

The common objective among companies is straightforward: to optimize the use of capital in RWAfi, while simplifying user interaction with RWAs and facilitating asset management.

As a crypto investor, I’m thrilled about this partnership between Plume and StakeStone, as it represents a significant stride towards accelerating the adoption of RWAfi. With an impressive amount of RWA assets scheduled to debut on Plume’s mainnet, integrating StakeStone’s staking solutions will undoubtedly offer me new opportunities to diversify my investment portfolio.

Scaling Up The Future of Liquid Staking and RWAfi

As Plume expands its system, their aim is to connect more income-generating possibilities for both stakers and RWAfi investors. The desire for liquid staking is escalating, and with StakeStone’s sophisticated staking tools, they are well-positioned to give users access to liquid Ethereum (ETH) and Bitcoin (BTC), along with tokenized real-world assets.

About StakeStone

StakeStone is an innovative protocol that deals with liquidity assets across various blockchain networks. It offers assets like STONE and SBTC, which could potentially generate returns. The main goal is to establish clear, decentralized, and highly effective staking options. Users can leverage these solutions to enhance their earnings across numerous chains and consensus systems. StakeStone’s unique features include adaptive staking, restaking, and a commitment to optimizing capital usage. In the crypto world, StakeStone is setting new benchmarks for liquid assets.

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About Plume

Plume is the pioneer in creating a fully integrated and modular chain that specializes in Real World Assets (RWA). They’ve developed the first adaptable and customizable RWA-focused EVM compatible chain, designed to ease the onboarding process for various types of assets while smoothing capital inflow via native infrastructure and unique RWAfi features across the entire network. For the very first time, they are establishing a flexible DeFi ecosystem centered around RWAfis, incorporating an integrated end-to-end tokenization engine and a network of financial partners for easy integration. Currently, more than 175 projects are being developed on their private development network, encompassing diverse areas such as private credit, equities, collectibles, and more.