Rooster Protocol Launches on Plume Mainnet for RWA Liquidity
- Rooster Protocol mainnet launch boosts RWA finance infrastructure.
- Over 50 dApps are already integrated post-launch.
- $PLUME token set for increased utility post-launch.
The Rooster Protocol has officially launched on the Plume mainnet, marking a significant step in enhancing real-world asset liquidity in the blockchain sector.
Major Launch Impact
The launch is pivotal due to its potential to transform the landscape for institutional investors seeking tangible yield-bearing assets through enhanced liquidity infrastructure.
The launch of the Rooster Protocol on the Plume mainnet signifies a collaborative effort involving major entities. Rooster Protocol Team and Plume partners, including DeFi projects like Origin Protocol, coordinated this launch. The $PLUME token’s implementation is already reflecting increased utility-driven demand within the ecosystem.
This project aims to amplify the connectivity between DeFi platforms and real-world assets, offering extensive liquidity pools and composability benefits. The launch supports over 20 RWA tokens, enabling cross-chain interoperability. Institutional capital backing has helped accelerate progress, as showcased by the Genesis initiative’s $150 million funding.
“Plume Genesis represents a critical inflection point for RWA distribution and institutional access. With global regulatory headwinds for crypto ceasing, for the first time, institutions can safely access tangible yield-bearing assets at scale. As these assets become a key focal point for regulators, we’re building the infrastructure to make them a bridge to mainstream adoption.” — Teddy Pornprinya, Co-founder and CBO, Plume
The launch results in immediate effects on blockchain liquidity and integration prospects, assisting greater institutional access to yield-bearing assets. These shifts can significantly alter how traditional financial products engage with blockchain technology.
Potential outcomes from the Rooster Protocol launch entail greater interaction between DeFi ecosystems and traditional finance systems. Historical trends show increased liquidity and value for native tokens post similar launches, reinforcing readiness for regulatory adoption.
