With the Mainnet of @plumenetwork getting closer and closer, I think it's time to dive deeper š
š¦ $PLUME is the utility token of the chain, providing governance power and fueling txs as gas
It will likely work as collateral in yield strategies and it will be used in rewards to incentivize builders
But there are two more assets to keep an eye on when working on this chain š
š² $pUSD is the native stablecoin of the chain
It will be fully backed 1:1, minted by users who'll have to provide $USDC or $USDT to get it
It will enable on-chain stablecoin payments, collateralization alongside PLUME and trading on the several apps
š $pETH is the native $ETH LST on Plume
It's minted by depositing ETH on the chain and is naturally yield-bearing
(The yield come from the ETH deposited being staked)
Works in DeFi like on every other chain š¤
