Plasma building foundational infrastructure for a new global financial system where money moves at internet speed, with zero fees, and full transparency. It's goal is to bring trillions of dollars onchain, unlocking an open, programmable layer for money itself. XPL is the core asset securing this system. Just as sovereign currencies and central bank reserves underpin traditional finance, XPL safeguards the integrity of this new system and aligns long-term incentives as stablecoin adoption scales.
XPL is the native token of the Plasma blockchain. It is used to facilitate transactions as well as to reward those who provide network support by validating transactions. XPL is similar in these ways to Bitcoin (BTC) on the Bitcoin blockchain or Ethereum (ETH) on the Ethereum blockchain.
from mechanics to distribution to partnerships, with a focus on network and campaign incentives designed to scale Plasma’s reach beyond crypto audiences and into traditional financial institutions and legacy systems. By building the network from the ground up, we’ve introduced technical and economic mechanisms that position XPL as a foundational asset with opportunities to drive ecosystem expansion in ways not yet seen in prior network models.
XPL Distribution
The initial supply will be 10,000,000,000 XPL at mainnet beta launch, with programmatic increases further described in the “Validator Network” section below. The XPL distribution and unlock schedules are as follows.
XPL Public Sale
10% (1,000,000,000 XPL). Plasma announced the XPL public sale, where 10% of the XPL supply (1,000,000,000 XPL) was allocated to participants in the deposit campaign.
Ecosystem and Growth
40% (4,000,000,000 XPL)Plasma has an opportunity to rewrite existing financial systems, but it’s admittedly a capital-intensive endeavor. We plan to leverage XPL to intensify Plasma’s network effects, not just in crypto-native ecosystems, but across traditional finance and capital markets as well.
Team
25% (2,500,000,000 XPL)Rewriting legacy financial systems requires industry-leading talent and attracting that talent requires long-term incentive alignment. As such, we’ve allocated 25% of the XPL supply (2,500,000,000 XPL) to incentivize current and future service providers.
Investors
25% (2,500,000,000 XPL) In order to build a blockchain infrastructure that will underwrite our mission to rewrite financial legacy systems, we needed to raise capital from the world’s leading investors. As such, Plasma received investments from high-caliber investors such as Founder’s Fund,Framework, and Bitfinex, among others, to support the development of the Plasma blockchain. In addition to high-caliber investors, Plasma has also pushed a community-aligned approach from day 1 with the first Echo sale to private investors in the seed round. XPL sold to investors are unlocked on the same schedule as the team allocation.
