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Early-stage DeFi applications face a fundamental chicken-and-egg problem: attracting meaningful, aligned liquidity from day one. Without reliable capital seeded in the right places, the composability that makes DeFi powerful falters, and new applications struggle to deliver the seamless user experiences that drive adoption and sustainable growth.
Traditional approaches to this challenge have created their own set of problems: liquidity mining programs that attract mercenary capital, fragmented TVL across isolated pools, and incentive structures that prioritize short-term extraction over long-term alignment.
To combat this, we’re thrilled to be welcoming Royco as our primary incentive distribution partner. Royco is a dynamic liquidity marketplace that enables applications to attract capital in a structured, transparent and permissionless manner - directly allocating that liquidity into where it's needed most within a DeFi ecosystem.
Plume will be distributing 150,000,000 PLUME as part of its Season 2 Incentive Campaign, bootstrapping the liquidity foundation that RWAfi applications need to thrive.
RWAfi yields from Plume’s ecosystem and PLUME incentives will be accessible via two core offerings: Plume Royco Markets, and the Royco Vault, each designed to serve different types of liquidity providers.
PLUME ROYCO MARKETS
For users looking to take a more active DeFi strategy, Plume Royco markets allow the user to pick and choose their own allocation strategy into any of the menu of markets available, across DEXs, lending markets, RWA yield vaults and more.
Participants will be able to supply the following Plume-native assets:
- Majors: PLUME (via Enso), wPLUME, pUSD, wETH, USDT, USDC
- RWA Vault Tokens: Nest tokens such as nCREDIT, nALPHA, nETF, nBASIS, and Optimizer tokens such as op-nALPHA, op-nBASIS
- LP Tokens: Rooster YAPs (LP Tokens) for core DEX pairs, and Izumi LP Tokens for core DEX pairs
You may also swap into input assets and deposit with native assets from any supported chain by utilizing Enso’s Zaps, powered by Stargate, on the Royco UI. Depending on individual market risk, participants will be able to earn anywhere from 10%-50% APY.
All deposits are subject to a 90-day soft lock, and rewards are only granted to LPs who remain through the full term. Early exits will forfeit incentives.
You will find an initial list of early Plume Royco markets below. Stay tuned on Plume’s official channels for announcements on new assets, new markets, and new yield opportunities on the way soon.
Note: Market information and incentives remain subject to change.
Nest
Nest, Plume’s flagship RWA staking protocol, allows users to deposit stablecoins into its vaults to receive a yield-bearing token that represents their share of the vault, also known as an nTOKEN. These nTOKENS can be utilized all over Plume’s ecosystem as collateral in various RWAfi use cases such as looping, lending, borrowing and swapping. Nest is audited by 0xMacro, Spearbit, and Pashov.
- nALPHA
- Deposit assets into Plume Royco. Assets are bridged and deposited into nALPHA, a highly liquid yield strategy with diversified assets including Invesco, Blackstone, Mineral Vault, among others.
- nCREDIT
- Deposit assets into Plume Royco. Assets are bridged and deposited into nCREDIT, a diversified earn strategy combining institutional-grade public and private credit from leading global managers and onchain such as Superstate, Goldfinch Prime, and Midas.
- nETF
- Deposit assets into Plume Royco. Assets are bridged and deposited into nETF, a fully liquid, 30-day paying onchain vault that delivers diversified, real-world yield through a rotating basket of institutionally issued ETFs.
- nBASIS
- Deposit assets into Plume Royco. Assets are bridged and deposited into nBASIS, a delta-neutral capital preservation strategy composed of basis trading by Superstate and Midas.
Optimizer, powered by Nucleus
Maximize yield in just a few clicks with the Optimizer, powered by Nucleus and Royco. With just a few clicks, bridge your assets, choose a vault strategy, and let Nucleus deploy and auto-manage your capital for the best-performing yield strategies. Deposit your Optimizer receipt tokens to stack additional PLUME incentives on top of base yield. Nucleus is audited by 0xMacro, Spearbit, and Pashov.
- Looped nALPHA Optimizer
- Deposit assets into Plume Royco. Assets are bridged and deposited into the nALPHA Optimizer Vault, where they are automatically allocated into spot nALPHA holdings and then looped on Solera and Mystic for optimized yield generation.
- Looped nBASIS Optimizer
- Deposit assets into Plume Royco. Assets are bridged and deposited into the nBASIS Optimizer Vault, where they are automatically allocated into spot nBASIS holdings and then looped on Solera and Mystic for enhanced yield optimization.
Rooster
Rooster Protocol is a next-generation Automated Market Maker (AMM) that redefines liquidity provisioning for Real World Asset (RWA) tokens on Plume. Rooster is audited by Shieldify and Omniscia. Their markets will utilize Yield Accruing Positions, or YAPs, which are preconfigured LP distributions with auto-compounded rewards. Users will receive a YAP token that is composable and usable across the Plume ecosystem.
Stable:
- nALPHA / pUSD
- Deposit into a Rooster YAP for the nALPHA-pUSD liquidity pool, and deposit the receipt token into the corresponding Plume Royco market to receive additional PLUME incentives.
- nBASIS / pUSD
- Deposit into a Rooster YAP for the nBASIS-pUSD liquidity pool, and deposit the receipt token into the corresponding Plume Royco market to receive additional PLUME incentives.
Volatile:
- PLUME / pUSD
- Deposit into a Rooster YAP for the pUSD-wPLUME liquidity pool, and deposit the receipt token into the corresponding Plume Royco market to receive additional PLUME incentives.
- pETH / ETH
- Deposit into a Rooster YAP for the pETH-wETH liquidity pool, and deposit the receipt token into the corresponding Plume Royco market to receive additional PLUME incentives.
- pUSD / ETH
- Deposit into a Rooster YAP for the pUSD-wETH liquidity pool, and deposit the receipt token into the corresponding Plume Royco market to receive additional PLUME incentives.
Ambient/Tempest
Tempest is a liquidity management system built for Ambient Finance. Its vaults automatically adjust and position liquidity for optimal returns, while users maintain full control of their assets. Tempest is audited by Quantstamp, Renascence, and Omniscia.
- PLUME
- Deposit PLUME or wPLUME into Plume Royco. Assets are bridged and deposited into Tempest’s PLUME / pUSD liquidity vault for base yields and additional PLUME incentives.
- ETH
- Deposit wETH into Plume Royco. Assets are bridged and deposited into Tempest’s ETH / PLUME liquidity vault for base yields and additional PLUME incentives.
iZUMi
iZUMi provides one-stop liquidity as a service through products like LiquidBox, which utilize the Uniswap V3 model as well as structured incentive and auto-rebase modules. iZUMi is audited by Certik and Blocksec, as well as investors’ internal security teams like Bybit, Huobi, and Cobo.
- wPLUME / wETH
- Deposit assets into Plume Royco. Assets are bridged and deposited into iZUMi’s wPLUME / pETH liquidity pool. Receive a receipt token that is deposited into the corresponding market to receive additional PLUME incentives.
- pETH / pUSD
- Deposit assets into Plume Royco. Assets are bridged and deposited into iZUMi’s pETH / pUSD liquidity pool. Receive a receipt token that is deposited into the corresponding market to receive additional PLUME incentives.
Solera
Solera enables collateralized lending, borrowing and leveraged strategies on crypto and real world assets to generate yield, and is the underlying infrastructure for looping on Plume. Their markets will take in assets as supply-only. Solera is a fork of Aave V3 and isolated markets have been deployed in collaboration with Morpho. Solera is audited by Zenith/Code4rena and Zellic.
- Lend PLUME
- Deposit wPLUME or PLUME into Plume Royco. Assets are then supplied into Solera’s wPLUME market for base yield and additional PLUME incentives.
- Lend pUSD
- Deposit pUSD or USDC into Plume Royco. Assets are then supplied into Solera’s pUSD market for base yield and additional PLUME incentives.
Mystic
Mystic is creating curated structured vaults for isolated risk exposure and RWAfi lending. Their markets will take in assets as supply-only. Mystic is a fork of Aave V3 and is audited by Hacken and Cantina.
- Lend PLUME
- Deposit wPLUME or PLUME into Plume Royco. Assets are then supplied into Mystic’s wPLUME market for base yield and additional PLUME incentives.
- Lend pUSD
- Deposit pUSD into Plume Royco. Assets are then supplied into Mystic’s pUSD market for base yield and additional partner and Plume incentives and Mystic points.
ROYCO VAULT
The Royco Vault is a curated, one-click strategy for users looking to earn passive yield on stablecoins with minimal effort. Simply deposit USDC on Ethereum mainnet, and the vault curator, Se7en Seas, will handle bridging and allocation to the best-performing Plume markets.
- Assets Managed: Vault deposits are actively rebalanced based on onchain performance
- Withdrawals: Subject to rebalancing delays to protect the vault integrity
This is the easiest way to experience Plume Royco without managing your own positions.
STAY TUNED
Royco will be live on Day 1 of Plume Genesis. The next chapter of RWAfi is almost upon us.
Builders get reliable access to capital.
Users get clearer paths to real yield.
Maynet is incoming.
Learn more and stay up to date on Plume Genesis by following us at https://x.com/plumenetwork.
