#plasma $XPL
Plasma (XPL) is the native token of the Plasma blockchain (Layer 1), specifically designed as an infrastructure for high-speed and extremely low-cost stablecoin payments.
Core points:
• Optimized for stablecoins: Supports USDT transfers almost for free, aimed at daily payments and usage.
• EVM-compatible L1 infrastructure: Easily deploy dApps from Ethereum, using the PoS consensus mechanism (PlasmaBFT) for fast and stable processing.
• Improved user experience: The paymaster mechanism allows transaction fees to be paid in stablecoins instead of holding XPL.
• Role of XPL: Used as gas, staking for network security, and governance.
• Tokenomics: Total supply of 10 billion XPL; allocated for ecosystem, team, investors, and public sale; with an initial inflation of ~5%/year to reward validators, combined with fee burning to limit dilution.
Conclusion: @Plasma
Plasma positions itself as a global scale stablecoin payment infrastructure, where money moves as quickly as the internet. The remaining question is whether this “stablecoin-first” approach is sufficient to make Plasma the preferred payment layer for the era of digital dollars.
