Plume has expanded its regulated institutional-grade strategy vaults to the Solana blockchain, deploying five new Nest strategy vaults. This follows their initial deployment on the Ethereum mainnet in early November, marking a strategic move towards multi-chain expansion. The vaults are backed by prominent financial institutions such as WisdomTree, Hamilton Lane, and BlackOpal, with underlying assets including institutional credit, short-term receivables, basis arbitrage, and U.S. Treasuries, ensuring both security and sustainable returns.
The expansion to Solana reflects Plume's strategy to engage with areas where capital and users are concentrated, facilitating easier participation in their RWAfi offerings. The Nest vaults also offer additional incentives through point mining and anticipated airdrop shares, potentially enhancing overall returns. This approach aims to simplify access to Plume's products by meeting users where they are, rather than requiring them to migrate to Plume's platform.
Plume Expands Strategy Vaults to Solana with Five New Deployments
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