Phemex Launches Plume (PLUME) Savings: Earn Up to 150% APY!

In the dynamic world of cryptocurrency, identifying opportunities for high-yield returns is paramount for both novice and experienced traders. Phemex is excited to present a premier event for the Plume (PLUME) community: a limited-time Savings campaign offering the chance to earn up to an incredible 150% Annual Percentage Yield (APY). This unique opportunity allows you to grow your PLUME holdings through a variety of savings options, combining high returns with the security and user-friendliness of the Phemex platform.

Whether you're looking to capitalize on short-term yields or grow your assets for the long haul, this campaign provides a strategic avenue to put your PLUME tokens to work. Don't miss this chance to maximize your earnings.

Stake PLUME Now！

What Is Plume (PLUME)? (Short Summary)

Plume is a modular Layer 2 blockchain built on Ethereum, specifically designed for the tokenization of real-world assets (RWAs). It aims to bridge the gap between traditional finance and the burgeoning DeFi space by creating a seamless, compliant, and developer-friendly ecosystem for any RWA project. The native utility token, PLUME, is central to the network, used for paying transaction fees, staking to secure the network, and participating in governance. For a comprehensive overview of the Plume network and its mission, read our detailed guide: What Is Plume?.

What is Phemex Savings?

Phemex Savings is a financial product that allows you to earn passive income on your cryptocurrency holdings, much like a traditional bank savings account. It's a simple, secure way to put your assets to work instead of letting them sit idle in your wallet. The product is generally offered in two main types:

• Flexible Savings: This provides you with the freedom to deposit and redeem your assets at any time. It's an excellent choice for users who want to earn interest without sacrificing liquidity.

• Fixed Savings: This involves locking your assets for a predetermined period (e.g., 5, 7, or 30 days). In exchange for this commitment, you receive a significantly higher and fixed APY.

Phemex is currently featuring a special, limited-time savings event for PLUME with highly attractive returns. This is a perfect opportunity to leverage the Phemex Savings product to grow your PLUME holdings.

PLUME Campaign Details (August 20 - August 27 UTC):

As shown, new Phemex users have an exclusive opportunity to earn an exceptional 150% APY on a 5-day fixed term. All users can benefit from the 100% APY on the 7-day fixed term or the 5% APY on the flexible plan.

These high-yield pools are limited and fill up quickly. Lock in your tokens today to make every day count!

Join Now

How Phemex Savings Works: Reward Calculation

Participating in the PLUME Savings campaign is straightforward. Your earnings are calculated based on the APY of your chosen plan.

Reward Calculation Rule:
Daily interest is calculated using the formula: Daily Interest = Staked Amount × (APY / 365).

For Fixed Savings, the total interest earned is calculated for the entire period and distributed with your principal at the end of the term. For Flexible Savings, interest is calculated and distributed to your account daily. You can track your earnings in real-time through the Phemex Savings dashboard.

Example Earnings Scenario:
To illustrate the maximum potential of this campaign, let's look at an example using the exclusive 150% APY plan for new users. If you are a new user and stake 50,000 PLUME in the 5-Day Fixed Savings plan:

• Interest per day: 50,000 PLUME × (1.50 / 365) ≈ 205.48 PLUME

• Total interest after 5 days: 205.48 PLUME/day × 5 days ≈ 1,027.40 PLUME

At the end of the 5-day term, you would receive your initial 50,000 PLUME back, plus approximately 1,027.40 PLUME in earnings.

Start Earning with PLUME

Earnings Potential vs. The Market

The APYs offered in this Phemex campaign are highly competitive. While some DeFi protocols may offer high yields, they often come with added complexities and risks, such as smart contract vulnerabilities and impermanent loss. The Phemex PLUME Savings campaign, with its transparently tiered APYs reaching up to 150%, stands out by offering a low-risk, high-reward opportunity within a secure, centralized exchange environment. This combination of high APY, robust security, and user-friendly access makes it a superior choice for earning yield on your PLUME holdings.

Step-by-Step Guide to Join the Campaign

1. Sign Up or Log In: If you're new to Phemex, create an account to be eligible for the 150% APY offer. Existing users can simply log in.

2. Deposit or Buy PLUME: You'll need at least 200 PLUME to participate. You can either deposit PLUME from an external wallet or purchase it directly on the Phemex spot market using the PLUME/USDT pair.

3. Access the Campaign Page: Navigate to the "Earn" section in the main menu and select "Phemex Savings."

4. Stake Your PLUME: Find the PLUME savings products. Choose the plan that fits your strategy—whether it's the flexible plan or one of the high-yield fixed terms. Enter the amount you wish to stake and confirm.

5. Track Your Rewards: Once staked, you can monitor your accumulated earnings in real-time from your Phemex Savings dashboard.

Risk Considerations

While Phemex Savings is a low-risk product, it's important to be aware of the following:

• Price Volatility: The market price of PLUME can fluctuate. While you will earn interest in PLUME, the fiat value of your holdings could change.

• Project-Specific Risks: As with any crypto asset, the success of the Plume network itself can influence the token's value. We encourage users to conduct their own research.

• Terms Subject to Change: Phemex reserves the right to modify the campaign rules. Always refer to the official campaign page for the latest information.

Why Choose Phemex for Staking?

Phemex provides a secure and reliable environment for growing your crypto assets.

• Security & Cold Wallet Custody: Phemex employs a state-of-the-art Hierarchical Deterministic Cold Wallet System to store the vast majority of user funds offline.

• Deep Liquidity: As a platform with millions of users, Phemex offers deep liquidity, ensuring that you can easily buy or sell your assets.

• User-Friendly Platform: The Phemex interface is designed to be intuitive for both beginners and advanced traders.

• Regular Reward Campaigns: Phemex consistently offers high-yield campaigns like this one, providing users with numerous opportunities to earn passive income.

Conclusion & Final Call to Action

The Phemex PLUME Savings campaign is a fantastic opportunity to generate substantial returns on your assets. With a headline APY of up to 150% for new users and excellent rates for all participants, this is an ideal way to put your PLUME holdings to work in a secure environment.

The campaign is only active for a limited time, from August 20 to August 27, and the high-yield pools have a finite capacity. These offers are expected to fill quickly.

Don't let your PLUME sit idle. Stake it on Phemex and watch your holdings grow.

Join the PLUME Savings Campaign Now!

Further Readings

• Explore Phemex Academy to learn more about Web3 and cryptocurrency trading
• Phemex Blog：Learn About Crypto Casually