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Haotian | CryptoInsight
Haotian | CryptoInsight|6月 06, 2025 11:58
After internal testing in the Alpha stage, the @ luminance network Genesis mainnet has officially been launched to the public. This marks the official shift of RWAfi from building B-end infrastructure to implementing C-end applications. Previously, we said that the "Genesis stage is the real big test", but now the exam has begun... From the data, it can be seen that the "big training" in the Alpha stage has indeed achieved initial results - $150 million RWA capital has been successfully deployed, 50+mainstream DApps have been directly integrated and launched, including DeFi veterans such as Morpho, Curve, and Superstate. However, what really catches the eye is the revenue data. Plume directly dumped 11% APY's RWAfi income portfolio - treasury bond 4.4%, private credit 10.5%, and basis transactions 8-10%, all of which are sustainable income supported by real assets. Simply put, this is telling the market that RWA is no longer just an on chain wealth management product, but the next evolutionary form of DeFi. In addition, the PLUME token has officially activated its full stack practicality - gas payment, network staking, ecological governance, and a complete set of tokenomics has finally started running. Providing the possibility of "empowering" tokens in more application scenarios. Of course, one thing to say is that from Alpha's institutional session to Genesis' public opening, user behavior, funding scale, and network performance will undergo fundamental changes. Although its technology stack has been verified at the institutional level, the revenue products have practical data support, and the ecological applications have also begun to take shape. However, the potential challenges for future market growth are still significant, and it depends on whether Plume can withstand the wave of impact from institutional testing to public openness.
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