A Brief Analysis of the Innovations and Challenges of the Plume Network Mainnet Ecosystem

Written by: Haotian

Looking at it, there are some noteworthy aspects of @plumenetwork's ecological strategy after the mainnet launch:

1. The dual-driven strategy of RWA DEX + yield aggregator is very 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 method for optimizing DeFi yields.

5M TVL with a monthly trading volume of 34.8M, this turnover rate is quite impressive, indicating good capital utilization efficiency.

2. @roycoprotocol The design of this "Layer 2 Amplifier" is quite interesting. It allows users to first mine YAP on Rooster (the certificate token obtained after users deposit nALPHA + pUSD into the liquidity pool), and then throw YAP into Royco to continue mining PLUME, effectively stacking the returns of the same fund twice. The TVL of 34.3M also confirms the market's recognition of this play.

This "nested doll" yield strategy essentially uses the inflation rewards of $PLUME to cold-start the entire DeFi ecosystem, enhancing user stickiness through a multi-layer incentive mechanism. Note: This is an officially supported yield aggregator.

The RWA sector is still in its early stages, but it is indeed a necessary path for traditional finance to migrate onto the blockchain. The key now is whether enough application scenarios can be built at the RWA infrastructure level, with the first step being the attraction of sustainable yield mining.

However, the "mining, withdrawing, and selling" lively ecosystem, which relies on the nesting doll model, poses significant challenges to the price stability of the main token. In comparison to other mature DeFi protocols, the Plume ecosystem is still an infant and needs more time for validation.