This week, nBasis and Nest Credit announced the expansion of their flagship stablecoin staking protocol to @Plume - RWA Chain . This is the first time Nest has left the Ethereum mainnet, and the decisive factor for multi-chain deployment is #Plume native asset lifecycle management.


In the migration process, the team first submitted corporate information through the @Plume - RWA Chain KYB module, and the on-chain audit contract completed approval within 24 hours; subsequently, using the custody module, 20 million USDT were minted into tokenized credit certificates nB-USDT, and an interest distribution plan was automatically generated. As an early user, I deposited 5,000 USDT into the Vault, and the contract immediately showed an annualized on-chain yield curve of 6.8%. In the next block of the deposit, the system had generated the first interest receipt NFT, making tax records easier — this experience of 'generating a certificate upon deposit' has never been seen on other public chains.


More importantly, liquidity — thanks to the deep integration with Circle CCTP, I can cross nB-USDT to 27 chains in seconds and then do LP through Stargate; interest is still settled and broadcasted by @Plume - RWA Chain the main chain, so multi-chain users don't have to worry about repayment delays. #Plume st expands the core base of yield stacking strategies.


This deployment also triggered a liquidity incentive of 800,000 $PLUME : 40% airdropped to early depositors, 40% into the staking pool, and 20% reserved for subsequent deep market making. This 'income > incentive > re-locking' closed loop provides the protocol with long-tail cash flow and tightly binds token value to real interest.

$PLUME


After observing the entire process, I finally understood the statement made by Chris Yin in his speech 'RWA x AI Compliance & Crypto-Stock Synergy': 'What RWAfi needs is on-chain native asset accounting.' In @Plume - RWA Chain , compliance, accounting, and settlement are split into callable Lego modules, allowing developers to focus on business logic while leaving the cumbersome legal and financial dirty work to the chain itself. With more protocols replicating the path of Nest, I believe the real TVL in the #Plume ecosystem will grow exponentially, and this is exactly why I continue to increase my holdings of $P$PLUME .