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Cygnus partners with Plume Network to explore social asset re-staking model
Summary: In a recent announcement, social protocol Cygnus has revealed a technical collaboration with modular blockchain project Plume Network to explore tokenization of social behaviors based on the Instagram ecosystem and mechanisms for Real Yield. The partnership will focus on enhancing user earnings and protocol security through Restaking, establishing interaction channels between Instagram social data and ...
In a recent announcement, social protocol Cygnus has revealed a technical collaboration with modular blockchain project Plume Network to explore tokenization of social behaviors based on the Instagram ecosystem and mechanisms for Real Yield. The partnership will focus on enhancing user earnings and protocol security through Restaking, establishing interaction channels between Instagram social data and Real World Assets (RWA), and developing a social behavior-driven model for real yield distribution. Plume Network specializes in on-chain tokenization of Real World Assets (RWA) such as private credit, government bonds, and ETFs, while Cygnus aims to convert social interactions (likes, tasks, content) into measurable on-chain value.
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Link: Cygnus partners with Plume Network to explore social asset re-staking model [Copy]
