Trevee Plasma USD

Trevee Plasma USD (PLUSD) displays the characteristics of a failed or abandoned project. It is a rebrand of the 'Rings Protocol' which has suffered significant distress, including exposure to the Stream Finance exploit that resulted in stuck user funds and disabled staking functions. Development activity is virtually non-existent (rated as 'ghostware'), and the project lacks a public repository or transparency. While the underlying infrastructure relies on audited components, giving it a disproportionately high security score, the practical reality is a protocol with negligible liquidity (often <$1,000/24h), an anonymous team, and a community comprised largely of trapped stakeholders. The token effectively has no utility or viable exit liquidity in its current state.