Plasma is a layer one blockchain designed for stablecoin transactions. It combines full compatibility with EVM (Reth) and transaction finality of less than a second (PlasmaBFT), as well as implements stablecoin-oriented features such as free USDT transfers and gas priority for stablecoins. The Bitcoin-based security system is designed to enhance neutrality and resistance to censorship. The target audience includes retail users in high-adoption markets and financial institutions in the payments sector.
Period of conduct
2026-01-16 - 2026-02-12
Awards
1 750 000 XPL#XPL@PLASMA