◾: Midas & Ondo Finance & Plume Network
◾Plume is a public chain project focused on accelerating the introduction and on-demand integration of real-world assets (RWAs). By leveraging DeFi infrastructure and full-stack vertical integration technology, Plume aims to convert assets such as real estate, commodities, and income streams into digital tokens, making them easier to trade, finance, or use as collateral.
◾Featured functions
Strong ecosystem:
With over 180 DApps and protocols, a vibrant developer community.
Demand-driven growth:
Collaborating with strategic partners to expand market demand has attracted 3.75 million testnet users and created 265 million transaction records.
Full-stack technology integration:
Achieves seamless interaction between assets, applications, and users, greatly enhancing asset composability and flexibility.
◾Compare prices
Ondo Finance focuses on connecting traditional financial assets (such as bonds, treasury bonds, etc.) to institutional investors through DeFi platforms.
Advantages:
Provides stable returns and compliance assurance through liquidity pools and closed-end funds.
Midas provides a DeFi-supporting RWA investment platform, emphasizing permissionless access and user-friendliness.
Advantages:
Based on the European regulatory framework, high-quality asset tokens such as mTBILL and mBasis have been launched with zero threshold, supporting instant issuance and redemption.
Plume emphasizes demand-driven RWA introduction, covering a wider range of asset types such as real estate and commodities.
Advantages
Stronger ecosystem support:
Over 180 projects have been integrated, forming a complete development and application network.
High user participation:
Large-scale testnet activities demonstrate strong community drive.
Asset flexibility and innovation:
Supports the development of more complex financial products through composability technology, such as cross-protocol yield tools.
◾Summary
Plume has demonstrated an ecosystem-driven and technology-integrated strategy in the RWA track, forming a complementary and competitive relationship with Ondo and Midas:
Ondo focuses on institutional liquidity solutions,
Midas pursues permissionless asset management in DeFi,
Plume focuses on digitizing a more diverse range of real assets and expanding the ecosystem scale through community and technology.
With the rapid development of the RWA track, these three projects are promoting the deep integration of traditional finance and the crypto economy from different angles.