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 the token's initial price was 0.002556 USDT, reaching a high of 0.019 USDT within 24 hours, a single-day increase of over 560%. The project's FDV is close to $80 million. The protocol employs a dual-token mechanism: the governance token PLATO, used for community governance, node rewards, and revenue distribution, and repurchased and burned through platform fees and RWA spreads to strengthen its value. The revenue rights token IHP, backed by revenue from real assets such as hydropower stations, aims to provide a stable cash flow for the ecosystem and reduce the risk of "air coins" (cryptocurrencies with no real value). Currently, the first phase of the Kyrgyzstan hydropower station, to which IHP is linked, is operational, and subsequent on-chain financing will be used for the second to fifth phase expansions, continuously injecting real-world revenue into the protocol.