Plasma will conduct its token sale on Sonar

#Plasma will conduct a $XPL token sale on #Sonar , Echo’s new token sale infrastructure, starting June 9th. 10% of XPL token supply will be offered for sale, priced at a $500M fully diluted network valuation. Allocations are based on time-weighted vault deposits. The deposit window will last a few weeks, with a 40-day post-sale lock-up.

Plasma is a high-throughput, scalable blockchain purpose-built for stablecoins with the ability to handle thousands of transactions per second.

👉 plasma.to/insights/announcing-the-xpl-public-sale-using-sonar-by-echo