Plume Network PLUME Token Review

plume token

Plume Network is a game-changing blockchain platform. It’s taking the world of real-world assets and bringing them into the crypto ecosystem, making them accessible and tradable for everyone. That’s right, it’s all about simplifying the investment process, providing a secure and scalable environment.

Plume Network ($PLUME) is the number one tokenized RWA project. There is no other as good!

Now, let’s talk about the PLUME token. This isn’t just any cryptocurrency; it’s the native currency of the Plume Network. It powers transactions, interactions, lending, borrowing, and even yield farming. Designed for stability and liquidity, the PLUME token is here to stay.

Trade $PLUME:
https://www.gate.io/trade/PLUME_USDT

Plume ($PLUME) Token

Plume

Plume

$0.14

PLUME 1.77%

Ladies and gentlemen, let me tell you about $PLUME, the backbone of Plume Network’s ecosystem. This isn’t just any token; it’s designed to support long-term goals and mission-critical operations. Imagine a cryptocurrency that fuels an entire network! The $PLUME token’s utilities are top-notch, offering seamless transactions, impactful governance, rewarding staking, and vital ecosystem liquidity. It’s truly an indispensable asset within the Plume Network.

Here some of the features from Plume whitepaper:

  • Gas Fees: To perform transactions on the Plume platform, users must use the $PLUME token. This essential currency facilitates every operation and interaction within the Plume ecosystem.
  • Governance: This token isn’t just about transactions. Holders can participate in network governance by voting with their $PLUME tokens. You get to influence key decisions, from protocol updates to feature changes.
  • Staking and Delegation: Users and validators can stake $PLUME tokens to secure the network. In return, they earn staking rewards, supporting network stability and incentivizing active participation.
  • Ecosystem Liquidity: $PLUME plays a crucial role in liquidity provisioning, serving as collateral, and supporting various other use cases. This ensures a fluid, efficient system, enabling smooth transactions and enhancing user experience. Folks, $PLUME is not just a token, it’s a powerhouse within the Plume Network, driving innovation and maintaining a robust ecosystem!

PLUME Tokenomics

plume token

Maximum Supply: 10 billion Plume tokens

Initial Circulation: 20%

ETH contract: 0x4C1746A800D224393fE2470C70A35717eD4eA5F1

Token Distribution Schedule:

  1. Community, Ecosystem, and Foundation (59%):
    • Community & Ecosystem
    • Ecosystem Grants
    • Plume Foundation
    • Community Airdrop: 7% of total supply
  2. Early Backers (21%):
    • Allocation to strategic network participants
    • Locked at Token Generation Event (TGE)
  3. Core Contributors (20%):
    • Allocation for early contributors
    • Locked at Token Generation Event (TGE)

Estimated Token Release Schedule:

  • At TGE: 20% in circulation
  • Remaining 80%: Vest in accordance with the distribution schedule, taking way up to 2032 periodically.

Plume Airdrop Season 2

plume season 2

The Plume Network Airdrop is an exciting opportunity for crypto enthusiasts to get their hands on some $PLUME tokens. Participants need to hold a certain amount of cryptocurrency in a compatible wallet and subscribe to the project’s social media channels. The airdrop aims to reward early adopters and increase awareness about the Plume Network’s capabilities.

Eligibility requirements:

  • Registration: Participants needed to complete the registration process.
  • Testnet Users: Active participants in Plume’s testnet, contributing to 18M+ wallets and 280M+ transactions.
  • Community Engagement: Active participants with specific roles in the Plume Discord.
  • Pre-Deposit Stakers: Users who participated in pre-deposit campaigns, giving financial support to the project.

They already did the first airdrop before listing, and registration is now over. You can still claim your airdrop though if you registered earlier. If you missed it, wait for the next season.

Season 2 of the Plume Network Airdrop is just around the corner! If you were close to qualifying in Season 1, don’t worry—your progress will carry over. This season promises even more rewards and opportunities for participants, so stay tuned and make sure you’re ready to claim your share of $PLUME tokens.

You can follow the official Plume X and Telegram accounts for the Season 2 announcement. I also will update this page about Season 2 airdrop details once they are revealed.

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