About Nest
Flagship RWA vault protocol in the Plume ecosystem.
Nest is Plume’s flagship real-world asset protocol, built to enable onchain access to real world yield through structured vaults. Developed by Kimber Labs Inc. (d/b/a Plume Network Inc.) and backed by institutional investors including Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction, Nest is designed as infrastructure for scalable RWA allocation on public blockchains. Each Nest Vault (a “Vault”) is a curated collection of assets that are rigorously audited and provided by financial institutions and regulated entities (funds, brokers, licensed exchanges).
All issuer assets and user stablecoin deposits into Vaults are 100% non-custodial. Nest does not keep cash or assets on its users' behalf.
Nest uses immutable smart contract protocol architecture that provides each issuer with its own segregated Vault. When deployed, each set of smart contracts self-execute code that is responsible for flexible, scalable, and efficient way to manage deposits, withdrawals, yield strategies, and administrative functions that ensure security and transparency:
Core Vault: This smart contract: (a) secures all assets by restricting their movement into and out of the Vault; (b) allows deposits and withdrawals (mint/burn functions) only via the authorized Manager contract, eliminates unilateral control); and (c) implements compliance policies.
Vault Extension: This smart contract is responsible for user stablecoin deposits and redemptions. It allows a Vault to accurately calculate the value of its holdings, providing users with transparent yield calculations and withdrawal amounts and uses cross-chain bridges to provide for multi-chain access to Vaults.
Manager: This smart contract oversees execution of automated strategies, ensuring that a Vault: (a) allocates capital to stable yield sources while maintaining liquid reserves; (b) dynamically adjusts asset allocations based on market conditions; (c) reduces withdrawal delays by managing available liquid assets efficiently; and (d) follows protocol management restrictions implemented by the Core Vault.
About the Plume Ecosystem
The Plume Network is an EVM-compatible blockchain designed specifically for the tokenization of real-world assets. Kimber Labs Inc. develops and provides tokenization tools, compliance solutions, and other development services to support protocols like Nest.
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
Last updated