#plasma $XPL

XPL is the native token of the Plasma blockchain, a Layer 1 network designed for stablecoin transfers. Its primary functions include securing the network through staking, paying for complex transactions, and providing rewards for validators. The token has a total supply of 10 billion, with a portion of tokens allocated to a team and ecosystem, and is designed to facilitate stablecoin payments by enabling features like sponsored gas and EVM compatibility.

Tokenomics Total Supply: \(10,000,000,000\) XPL.Initial Circulating Supply: \(1,800,000,000\) XPL at launch.Token Distribution:Ecosystem and Growth: \(4,000,000,000\) XPL, with \(800,000,000\) unlocked at launch and the rest unlocking over three years.Team, Founders, Developers, and Employees: \(2,500,000,000\) XPL, with a vesting schedule that includes a 1-year cliff and monthly unlocks. 

@Plasma