EtherFi Partners with Plume Network to Provide RWA Yield Channels for Users

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Gate News, March 19 — Ethereum’s re-staking protocol EtherFi announced an integration with Plume Network’s Nest Vault infrastructure, aiming to provide users with tokenized real-world asset (RWA) yields. EtherFi currently has a total value locked (TVL) of nearly $6 billion. The collaboration is implemented through Plume’s nBASIS vault, which leverages Superstate’s USCC fund to generate returns from basis spreads across various cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP. The integration will occur in two phases: first, EtherFi will reallocate funds to the nBASIS vault, followed by direct integration into EtherFi’s user interface. This is part of EtherFi’s broader strategy to build a comprehensive financial stack, with plans to offer payroll deposits, savings, yield earning, and everyday spending services. The partnership with Plume and Superstate is seen as a significant move to provide retail users with sustainable and diversified income sources, especially amid increasing compression of DeFi yields.

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