[Twitter threads] A brief analysis of the innovation and challenges of the Plume Network mainnet ecosystem

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Chainfeeds Introduction:

Dual-Drive + Nested Yield, Can Plume Establish Itself in the Early Track?

Article Source:

https://x.com/tmel0211/status/1937782724540113391

Article Author:

Haotian


Perspective:

Haotian: The dual-drive strategy of RWA DEX + Yield Aggregator is clever. @roosterprotocol specializes in the RWAFI track, and the AMM architecture based on MAV Protocol can provide more precise liquidity control. The ve (3,3) model is also the mainstream DeFi yield optimization approach. With 5M TVL and 34.8M monthly trading volume, this turnover rate is quite impressive, indicating good capital efficiency. The design of @roycoprotocol as a "second-layer amplifier" is interesting. Users first mine YAP on Rooster (by depositing nALPHA + pUSD into the liquidity pool to obtain a certificate token), then throw YAP into Royco to continue mining PLUME, effectively stacking the yield of the same funds twice. The 34.3M TVL also confirms the market's recognition of this approach. This "nested" yield strategy essentially uses $PLUME's inflationary rewards to cold-start the entire DeFi ecosystem, enhancing user stickiness through multi-layer incentive mechanisms. Note: This is an officially supported yield aggregator. Although the RWA track is still in its early stages, it is indeed the inevitable path for traditional finance to migrate on-chain. The key now is whether enough application scenarios can be built at the RWA infrastructure level, with continuous yield mining being the first step. However, the bustling ecosystem maintained by the nested model of "mine-withdraw-sell" poses a significant challenge to the price stability of the main token. Compared to other mature DeFi protocols, the Plume ecosystem is still a newborn and needs more time to be verified.

Content Source

https://chainfeeds.substack.com

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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