Plume Network and StakeStone have partnered to revolutionize liquid staking and liquidity management through Plume’s RWAfi-focused platform.
Pre-Deposit Campaign Details
As part of this joint campaign, users can deposit into a pre-deposit vault capped at $5 million. Participants can deposit SBTC and STONE to potentially earn Plume Rewards.
Bringing Together Liquid Staking and RWAs
StakeStone offers yield-generating opportunities by tokenizing assets like $ETH and $BTC, allowing users to earn yield while keeping liquidity intact. In partnership with Plume, they focus on tokenizing real-world assets like T-bills and private credit, opening more opportunities for users.
How Staking Works
Staking is a key element of 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, offering yield opportunities through Liquidity Staking Tokens (LSTs) like STONE.
The partnership between Plume and StakeStone focuses on maximizing capital efficiency within the RWAfi ecosystem, offering new ways for users to allocate funds and diversify their portfolios.