FinChain partners with Plume to launch RWA yield product targeting 7.2% APY

FinChain has partnered with Plume to launch FLEX & FINO, a leveraged yield strategy offering projected annual returns of up to 7.2% on tokenized real-world assets (RWAs). Summary FinChain has partnered with Plume to launch FLEX & FINO, a leveraged yield strategy for its FUSD real-world asset. The strategy offers a projected annualized yield of up to 7.2% under baseline assumptions, with a 90% utilization cap. FUSD is backed by tokenized short-term U.S. Treasuries and money market funds, with reserves maintained at least 100% collateralized. Investors can earn additional yield by using FUSD as collateral, borrowing USDC, and providing liquidity through on-chain pools. FinChain has completed a KuCoin integration that enables FUSD to participate in the exchange’s RCMS staking mirror solution. In a Wednesday announcement, the Fosun Wealth Holdings-incubated platform said the product uses its FUSD token to generate returns from traditional financial assets and decentralized finance (DeFi) lending. The strategy allows users to deposit FUSD as collateral, borrow USDC against their holdings and place the borrowed funds into liquidity pools. Investors can then earn income from FUSD’...