Plume is live on the mainnet - Plume Genesis.
Plume has promised airdrops in the mainnet post. But the details are not out yet. Plume has not even updated its roadmap after the mainnet. Moreover, investor and team vestings are on the way and will start in July.
Sell the news event because the mainnet and upcoming vestings create a bearish condition for Plume. Another community airdrop can reduce the selling pressure. However, given the past activities of Plume, the airdrop may not be worth much. Naturally, there could be additional rewards for early participants. So, how do we get involved? We have also received Plume airdrop. What to do with it?
Before we head on over to the on-chain opportunities, let us look at what Plume Genesis brings for its users. In short, genesis is the first phase of bringing the Plume ecosystem to life, as well as bringing RWAfi to the crypto space. DApps, partnerships, and use cases will then be progressively announced.
On Plume, you can use RWAs just as you would any crypto native asset (E.G., Staking, Lending, Borrowing, etc) – the only difference is that these assets are designed to bring in stable, consistent real yield from the real world onchain. At launch, there are 50+ dApps, including blue chip protocols like Morpho, Curve, RWAfi, native protocols like Rooster, Solera, Mystic, and many more on Plume.
The Plume Portal is your one-stop solution for navigating the Plume ecosystem. It enables Plume network participants to:
Go to https://portal.plume.org/ and connect the wallet you used to farm Plume before.
Using the Plume Portal, you’ll earn Plume Points (PP) for participating in activities, such as:
We must get as much PP as possible since it represents a key part of the Season 2 of Plume’s airdrop campaign. Go to https://portal.plume.org/apps. Select Plume Points to filter dApps. Right now, 36 dApps are onboarded for Plume Points. Important ones are:
You can also earn Plume points through:
It is not clear how many PP can be earned for using each dApp. Such details might be revealed in the coming days.
Aside from earning PP, there are other features you can explore on Plume Portal, such as:
Despite its mainnet announcement, the price of $PLUME has not pumped. It’s currently down on the day by 6% as of the time of writing. Couple that with the unlocks for early backers and core contributors (41% of total supply) in July this year, and we must take into account the selling pressure in the upcoming months.
We will be keeping a sharp eye out for price action before deciding if it’s worth it to take a position on $PLUME here. You can farm PP, but if you are short on time, please skip.
First of all, if you have not claimed the airdrop yet, you can still claim it.
Please note that you can only claim 20% of your allocation, and the remaining 80% will be available in 90 days. You can immediately sell the 20% you received. If you have already claimed, you might have staked PLUME.
Go to https://staking.plume.org/, and you can unstake PLUME after a 21-day unstaking period. You can sell PLUME at the current price to offset upcoming selling pressure.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
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