Intro
Nest is Plume's flagship RWA staking protocol. You stake stables, vault buys assets, you earn yield.
Vaults are curated. Assets are rigorously audited and provided by financial institutions and regulated entities (funds, brokers, licensed exchanges). All vaults are 100% non-custodial and fully onchain. We do not keep cash or assets on users' behalf.
When you stake stables into a vault, it buys assets from public and private markets and locks them in. Assets cannot be transferred by themselves from the vault.
Why Nest?
Real-world yield: Income from vault assets flows to vaults, you earn.
DeFi ready: You mint vault receipt token representing your yield entitlement - ERC-20 - that can be used in DeFi apps on Plume.
No KYC: You don't need to KYC - vaults are usable by anyone with a wallet.
AML & threats screening: Nest inherits best-in-industry AML and threat detection from Plume.
How It Works
Stake stablecoins (pUSD) into a Nest vault.
Mint vault receipt token that goes up in value when yield comes into the vault.
Use your vault receipt token in lending markets and DEXes on Plume for more income.
Burn vault receipt token to claim your stables plus (or minus) earned yield, depending on underlying asset performance.
About the Plume Ecosystem
Nest is built by Plume, a chain and ecosystem that brings RWAs to everyone (including other chains). Through native AML screening at the sequencer level, Plume enables secure, globally compliant DeFi applications without centralized gatekeepers.
To learn more, visit the Plume documentation.
Related Pages
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