PLATO, a full-chain financial protocol, saw its governance token surge 560% on its first day of trading, with its FDV approaching $80 million.

Odaily Planet Daily reports that PLATO, a full-chain financial protocol with the vision of "connecting DeFi with the real economy," officially launched its governance token, PLATO, on December 9th. On-chain data shows that the token's initial price was 0.002556 USDT, reaching a high of 0.019 USDT within 24 hours, representing a single-day increase of over 560%. The project's FDV is approaching $80 million.

The protocol employs a dual-token mechanism:

The governance token PLATO is used for community governance, node rewards, and revenue distribution. It is also used for buybacks and burns through platform fees and RWA spreads to strengthen its value.

IHP (Income Rights Token): Backed by revenue from real assets such as hydropower stations, its goal is to provide a stable cash flow for the ecosystem and reduce the risk of being a "worthless" token. Currently, the first phase of the Kyrgyzstan hydropower station, to which IHP is linked, is already in operation. Subsequent on-chain financing will be used for the second to fifth phase expansions, continuously injecting real-world revenue into the protocol.