Plasma (XPL) is a Layer-1 blockchain built for high-volume stablecoin payments, blending Bitcoin's security with EVM compatibility.
Key Features & Purpose:
Zero-Fee Transfers: Allows zero-fee USD₮ transfers for basic transactions, ideal for everyday use.
High Speed: Uses a custom consensus mechanism for sub-second transaction finality.
EVM Compatibility: Developers can easily deploy Ethereum-based smart contracts.
Native Token Utility: The XPL token is for Proof-of-Stake (PoS) network security, governance, and gas fees on non-stablecoin transactions.
@Plasma #plasma $XPL