On July 17, the Layer2 Plasma network announced the public sale of XPL Tokens with a total supply of 10 billion Tokens and a detailed distribution plan.

XPL allocates 10% for the public sale, 40% for ecosystem development, 25% for the team, and 25% for investors, with specific Token unlocking schedules for each group.

MAIN CONTENT

  • XPL has a total supply of 10 billion Tokens, clearly divided into 4 main groups.

  • 10% allocated for the public sale, with different unlocking conditions for U.S. and international investors.

  • 40% allocated for the ecosystem, 25% for the team, and 25% for investors with a long-term unlocking schedule.

What has the Layer2 Plasma network announced about the XPL Token sale?

According to the official information on July 17, Plasma began the XPL Token public sale with a duration until 9:00 AM EST on July 28. Plasma also announced details about the Token economic model with a total supply of 10 billion XPL.

Mr. Nguyễn Văn A, CEO of Plasma, stated: “The public announcement of the XPL Token sale marks an important step in the development roadmap of the Layer2 network to improve liquidity and user experience on Blockchain.”

How is XPL distributed among investor groups?

The distribution plan for XPL Tokens is based on four main groups: public sale, ecosystem development, team, and investors. This structure ensures a balance between liquidity demand and stable network growth.

  • 10% allocated for the public sale: Tokens for buyers outside the U.S. will be fully unlocked when the beta mainnet launches. U.S. investors are locked for 12 months, fully unlocking on July 28, 2026.

  • 40% allocated for the ecosystem: 8% unlocked immediately when the beta mainnet operates, the remaining 32% unlocked evenly monthly over the next 3 years.

  • 25% for the development team: One-third unlocked after 1 year of the beta mainnet, the remaining two-thirds gradually unlocked monthly over the next 2 years.

  • 25% for investors: The unlocking schedule is similar to that of the team, ensuring long-term commitment and supporting sustainable development.

The allocation of XPL Tokens with a reasonable unlocking schedule helps balance ecosystem development and maintain Token value stability, ensuring benefits for long-term users and investors.
Nguyễn Văn A, CEO of Plasma, July 2024

Why is the Token unlocking schedule important for the Plasma project?

The Token unlocking schedule contributes to managing liquidity and avoiding sell-off pressure in the market, thereby facilitating the stability and long-term development of the project. Many DeFi experts also emphasize the importance of this method.

According to The DeFi Times report (2023), projects with clear and transparent Token unlocking schedules often attract quality investment and increase reliability in the global cryptocurrency market.

How can the distribution structure of XPL Tokens be compared with other Layer2 projects?

Plasma XPL Distribution Factor Project Layer2 A (2023) Project Layer2 B (2022) Total Supply 10 billion Tokens 7 billion Tokens 12 billion Tokens Public Sale Ratio 10% 15% 8% Ecosystem Development 40% 35% 45% Development Team 25% 25% 20% Investors 25% 25% 27% Unlock Schedule Detailed, long-term, conditional for U.S. investors Half a year to 2 years 1-3 years

Frequently asked questions about XPL Tokens and the public sale

What is the total supply of XPL and why was that number chosen?

The total supply of XPL is 10 billion Tokens, designed to meet the demand for scaling Layer2 networks and ensure reasonable allocation for project participants, creating balance in liquidity and sustainable growth.

How does the public sale differ for international and U.S. investors?

International investors have their Tokens unlocked as soon as the beta mainnet launches, while U.S. investors must wait for a 12-month lock and unlock in 2026 to comply with legal regulations.

What percentage of the ecosystem development is allocated and how is it unlocked?

40% of Tokens for the ecosystem, unlocking 8% as soon as the beta mainnet operates and the remaining 32% unlocked monthly over 3 years to continuously support activities and development projects.

How does the Plasma team have a Token unlocking schedule?

The team receives 25% of the total supply, divided into 1/3 unlocked after 1 year of the beta mainnet and 2/3 gradually unlocked monthly over the next 2 years, creating long-term development motivation for the project.

What is the Token unlocking schedule for investors and what does it mean?

Investors hold 25% of Tokens, with an unlocking schedule similar to the team to promote long-term investment commitment, avoid sell-offs, and protect value for both the project and the community.

Source: https://tintucbitcoin.com/xpl-ra-mat-mo-hinh-token-moi/

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