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Plasma Officially Launches XPL Public Sale, Tokenomics Model Revealed
Summary: Plasma, a stablecoin Layer2 network, has officially announced the launch of its token XPL public sale, which will continue until 9:00 am EST on July 28. Additionally, the tokenomics model for XPL has been revealed, with a total supply of 10 billion tokens and specific allocation plans outlined. Public sale allocation is 10%, with XPL ...
Plasma, a stablecoin Layer2 network, has officially announced the launch of its token XPL public sale, which will continue until 9:00 am EST on July 28. Additionally, the tokenomics model for XPL has been revealed, with a total supply of 10 billion tokens and specific allocation plans outlined. Public sale allocation is 10%, with XPL for non-US buyers fully unlocked at the launch of Plasma's public mainnet test version, while US buyers' XPL will be locked for 12 months and fully unlocked on July 28, 2026. Ecosystem and growth allocation is 40%, with 8% immediately unlocked at the launch of the mainnet test version and 32% unlocked proportionally each month over the following three years. Team allocation is 25%, with 1/3 unlocked one year after the public launch of the mainnet test version and the remaining 2/3 unlocked proportionally each month over the subsequent two years. Investor allocation is 25%, with the same unlocking schedule as the team.
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Link: Plasma Officially Launches XPL Public Sale, Tokenomics Model Revealed [Copy]