El plasma es un blockchain construido con propósito para estables monedas

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Understanding XPL

XPL is the core asset securing the Plasma blockchain.

We’re building foundational infrastructure for a new global financial system where money moves at internet speed, with zero fees, and full transparency

Just as sovereign currencies and central bank reserves underpin traditional finance, XPL safeguards the integrity of this new financial system and aligns long-term incentives as stablecoin adoption scales.

10%
XPL Public Sale
40%
Ecosystem and Growth
25%
Investors
25%
Team
1,000,000,000 XPL

XPL Public Sale

10% of the XPL supply was allocated to participants in the deposit campaign. XPL sold in the public sale are unlocked as follows:

XPL purchased by non-US purchasers

Unlocked in full at Plasma mainnet beta launch, with immediate liquidity for non-US participants.

XPL purchased by US purchasers

Subject to a 12-month lockup period; tokens fully unlocked on July 28, 2026.
4,000,000,000 XPL

Ecosystem and Growth

XPL will be leveraged to intensify Plasma’s network effects, not just in crypto-native ecosystems, but across traditional finance and capital markets as well.

We will responsibly deploy XPL to contribute to widespread network effects that can be sustained over time.

40% of XPL Supply Allocated to Plasma Network Growth & Adoption

Strategic reserves designed to fund DeFi incentives, exchange integrations, and institutional adoption initiatives across both crypto-native and traditional financial markets.

8% Initial Unlock Released at Mainnet Beta Launch

Used to support liquidity needs, early partner campaigns, and jumpstart network effects. The remaining 32% unlocks monthly over three years.
2,500,000,000 XPL

Investors

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. 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.

Investors

Founders Fund.Framework.Bitfinex.USDT0.
Founders Fund.Framework.Bitfinex.USDT0.
Founders Fund.Framework.Bitfinex.USDT0.
2,500,000,000 XPL

Team

Rewriting legacy financial systems requires industry-leading talent and attracting that talent requires long-term incentive alignment. We’ve allocated 25% of the XPL supply to incentivize current and future service providers.

1/3 of Team Tokens Locked for The First Year After Mainnet Beta

A one-year cliff ensures long-term alignment, with the first unlock becoming available one year after mainnet beta launch.

Remaining 2/3 Unlock Monthly, Fully Unlocked in 3 Years

The remaining two-thirds are unlocked monthly on a pro-rata basis over the following two-year period, such that 100% are unlocked on the date that is three years after mainnet beta launch. Ensuring a sustainable alignment of contributors and talent over a multi-year horizon.

Inflation & Burn

Plasma is a Proof-of-Stake (PoS) blockchain network. In PoS systems, validators stake their own tokens to earn the right to confirm transactions, update the ledger, and receive protocol rewards.

We plan to implement staked delegation in the future, which will allow XPL holders to participate in network consensus by assigning their stake to a validator, earning a share of the rewards without running infrastructure themselves.

XPL Inflation Schedule

Validator rewards and XPL iInflation only starts when external validators and stake delegation go live. Emissions are distributed to stakers via validators.

Locked XPL held by the team and investors are NOT eligible for unlocked rewards.

XPL Burn Mechanism

To limit long-term dilution for XPL holders, Plasma follows the EIP-1559 model: base fees paid to transact on the Plasma blockchain are permanently burned. As usage grows, this mechanism is designed to balance new emissions and offset overall inflation.

Learn more about XPL

XPL is the core token of the Plasma ecosystem, driving utility, governance, and sustainable growth

Check the docs