Bybit's listing of PLUME includes a 40 million token prize pool for eligible participants.
Deposits for PLUME opened on January 20, followed by trading starting on January 21 at 9 AM UTC.
Plume Foundation partners with Trusta Labs to enhance user verification and ensure fair distribution during the airdrop event.
Bybit has officially announced the listing of PLUME Network (PLUME) on its Spot trading platform. The listing includes a giveaway opportunity for users to earn from the 40,000,000 PLUME token prize pool. This creates opportunities for both new users in the crypto industry and experienced traders to engage with the PLUME ecosystem while earning rewards.
The listing began with deposits opening on January 20, followed by the launch of trading today at 9 AM UTC. Users can begin withdrawals on January 22 at 10:00 AM UTC. The platform will use the Ethereum network for deposits and withdrawals, and Spot Grid Bots will be available for automated trading once trading commences.
Reward Programs and Opportunities
Bybit has announced two reward programs to celebrate PLUME’s listing. The first program offers a 30,000,000 PLUME prize pool for new users. Running from January 20 to February 3, 2025, this reward is available to users who register for the event, complete identity verification, and deposit either 3,000 PLUME tokens or 100 USDT. Users who meet these criteria and make their first trade of 100 USDT worth of PLUME will qualify. The first 10,000 new users to complete these steps will each receive 3,000 PLUME.
The second program targets traders with a 10,000,000 PLUME prize pool. From January 21 to February 3, 2025, participants who trade at least 500 USDT worth of PLUME on the Spot platform will earn a share of the prize pool. Individual rewards are calculated based on trading volume, with a maximum cap of 50,000 PLUME per user.
Plume Foundation’s Partnership with Trusta Labs
Plume Foundation, the team behind Plume’s RWA Chain, has announced that claims for season 1 of Plume’s airdrop are now open. Trading begins today. The group revealed its partnership with Trusta Labs, an on-chain protocol designed to ensure a seamless process for its Token Generation Event (TGE) and Season 1 airdrop claim.
The Foundation explained that Trusta uses AI to analyze on-chain activity and assign reputation scores, helping validate user identities and reputations within the crypto ecosystem. This partnership aims to make the process fair, reliable, and efficient. Plume Foundation stated on X:
“We’ve partnered with TrustaLabs, the largest AI-powered identity and onchain reputation protocol, to prepare for our upcoming TGE and Season 1 Airdrop Claim… Trusta has been working diligently behind the scenes to evaluate authentic user wallet activity to ensure fair distribution to qualified participants for Season 1 of Plume’s Airdrop.”
PLUME Network is designed to bridge real-world assets (RWAs) with crypto markets. It redefines how RWAs are used in crypto by creating innovative use cases such as derivatives, borrowing, lending, and yield farming. With its official listing and substantial rewards on Bybit, PLUME aims to attract attention from crypto traders and enthusiasts alike.
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Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games.