The Role of XPL Coin in the Plasma Network.
XPL is a native token that functions as an internal component in the operation of the Plasma network.
Its role is not positioned as a promotional asset or investment vehicle, but rather as part of the mechanisms that keep the network running stably.
In terms of security, XPL is used for staking by validators who participate in securing the network.
This mechanism helps ensure that the transaction validation process runs according to the rules and encourages behavior that aligns with the network’s interests.
XPL also plays a role in protocol governance. Token holders can participate in the decision-making process regarding network changes or developments, so that the direction of Plasma’s evolution is not entirely centralized in the hands of a single party.
Furthermore, XPL is also used in more complex transactions and network activities, particularly those related to technical and operational functions at the protocol level.
With these functions, XPL acts as part of the Plasma infrastructure, not as a speculative instrument or crypto investment product.
