The full-chain financial protocol PLATO governance token surged 560% on its first day of listing, with FDV approaching $80 million

Odaily Planet Daily reports that the vision of the “full-chain financial protocol connecting DeFi and the real economy” PLATO officially launched its governance token PLATO on December 9. On-chain data shows that the token’s initial price was 0.002556 USDT, reaching a high of 0.019 USDT within 24 hours, with a single-day increase of over 560%. The project’s FDV is close to $80 million. The protocol adopts a dual-token mechanism: Governance token PLATO: used for community governance, node rewards, and profit distribution, and repurchased and burned through platform fees and RWA spreads to strengthen value support. Revenue rights token IHP: backed by physical assets such as hydropower stations, aiming to provide the ecosystem with stable cash flow and reduce the risk of “air coins.” Currently, the first phase of the Kyrgyzstan hydropower station bound to IHP has been put into operation, and subsequent on-chain financing will be used for phases two to five expansion, continuously injecting real-world earnings into the protocol.