🔥 XPL IS THE NATIVE TOKEN OF PLASMA, THE LAYER-1 BLOCKCHAIN FOR STABLECOINS 🔥
The XPL token is the native cryptocurrency of the Plasma blockchain, launched to revolutionize the stablecoin and global digital payment sector.
Plasma is a Layer-1 chain optimized for stable transfers, zero fees on USDT, and instant finality: it can achieve 10,000 transactions per second, surpassing Ethereum and Solana in the stablecoin segment.
XPL plays vital roles in the ecosystem: it protects the security of the network, incentivizes validators through staking, facilitates transactions, and supports decentralized governance.
It represents a fundamental asset to expand Plasma into traditional and institutional markets, with particular attention to transparency and scalability.
The tokenomics of XPL foresees a fixed supply of 10 billion tokens at launch.
The distribution is divided as follows: 10% public sale, 25% to investors, 40% to the ecosystem and growth (with 800 million tokens unlocked immediately and the rest maturing over the next three years), 25% to the development team with a one-year lockup and gradual release.
Inflation starts at 5% per year and gradually decreases to 3%, offset by the burn of fees on transactions according to a model similar to EIP-1559 of Ethereum.
The debut of XPL has been supported by partnerships with over 100 DeFi projects and $2 billion in stablecoins already integrated on Plasma. The project aims to establish itself as a global hub for decentralized payments, offering a high-performance blockchain and innovative solutions dedicated to stablecoins.
