March 8, 2024

New Projects deployed on Plume (Mar 3 - Mar 9)

3 mim read

This week, we’re excited to introduce the newest projects deployed on Plume Network, marking another significant milestone in the expansion of our ecosystem. As the Plume Family continues to grow quickly, give us a follow on Twitter to stay up to date on the latest news!

Summary of TrueFi

TrueFi is a modular infrastructure for on-chain credit that connects lenders, borrowers, and portfolio managers via smart contracts governed by the TRU token. Since its launch in November 2020, TrueFi has originated more than $1.7bn in loans to over 30 borrowers and paid more than $40mm in interest to protocol participants. Borrowers include both leading crypto-focused institutions and “real world” firms, such as fintech companies, trading firms, and credit funds.

How does TrueFi and Plume work together?
By deploying on Plume Network, TrueFi aims to broaden its reach by integrating with the budding ecosystem of DeFi products and RWA projects building on Plume. Plume Network’s growing ecosystem will boost liquidity for TrueFi’s core products and provide the necessary KYC architecture for its credit products. TrueFi and Plume Network’s shared vision is to create the largest ecosystem that provides safe and secure access to innovative DeFi products and RWA assets for users.

TrueFi Links:
Twitter | Website | Telegram

Summary of Definitive

Definitive is an execution platform and API for DeFi, offering non-custodial smart contracts and automation services across many DeFi protocols. Every Definitive smart contract is backed by a powerful and proprietary off-chain engine. Together, they work in tandem to streamline DeFi execution for end users, from high frequency trading algorithms to complex yield strategies.

How does Definitive and Plume work together?
Definitive will benefit from the robust infrastructure on Plume, such as enhanced security, on/off ramps, and compliance with KYC / AML rules, which will streamline and improve the overall user experience. Through Definitive, users will be able to execute sophisticated RWA related trading strategies, such as TWAPs/VWAPs and on-chain quantitative approaches for enhanced yield and reinforced leverage, that were not possible before.

Definitive Links:
Twitter | Website | Telegram

Summary of Adapt3r

Adapt3r Digital LLC (“Adapt3r Digital”) is a U.S.-based fund manager specializing in short-term U.S. Treasury Bills. The team combines multifaceted expertise in the asset management industry, spanning private credit, securitization, and digital assets.

How does Plume help Adapt3r?
Adapt3r will be able to tap into the user and asset diversity of Plume, enriching its portfolio and expanding upon its offerings. Moreover, Plume will streamline Adapt3r’s KYC flow and facilitate on-chain verification tailored to diverse user types across various legal jurisdictions.

Adapt3r Links:
Twitter | Website

Summary of Lendr

Lendr Network is a fully decentralized real world asset (RWA) tokenization protocol enabling investors to diversify their holdings, avoid inflation, and use real world assets in DeFi. Lendr operates without governance, offering interest-free loans for real-world assets (RWAs) on the blockchain. It also introduces an inflation-proof stablecoin called LendrUSD (USDL).

How does Plume help Lendr?
Lendr will benefit from the robust infrastructure on Plume, such as enhanced security, data price feeds from our oracle network, and compliance with KYC / AML rules, which will streamline and improve the overall user experience. By having Lendr on Plume, users will be able to gain exposure in a safe and secure manner to several different indices in the RWA space that was not possible before!

Lendr Links:
Twitter | Website | Telegram

About Plume

Plume is the first modular L2 blockchain dedicated for all real world assets (RWAs) that integrates asset tokenization and compliance providers directly into the chain. Our mission is to simplify the convoluted processes of RWA project deployment and offer investors a blockchain ecosystem to cross-pollinate and invest in various RWAs. In addition, Plume enables RWA composability through its thriving DeFi applications and provides access to high-quality buyers to increase liquidity for all tokenized