David7862025

Plasma is a high-performance, EVM-compatible Layer 1 purpose-built for stablecoins. It targets common frictions (fees, failed txs, latency, UX) with features such as zero-fee USD₮ transfers, stablecoin-first gas (fees in USD₮/BTC via auto-swap), sub-second finality (PlasmaBFT), and Bitcoin-anchored security.
$XPL is Plasma's native utility and governance token, which has the following functions:
Native Gas Token: Used to pay transaction fees at launch.DeFi Integrations: Used for liquidity, collateral and incentives.Staking: Post-decentralization, users can stake to secure the network.

Custom Gas Tokens: Allow fees in USD₮/BTC via an automated swap mechanism while retaining XPL at the core.
Plasma consists of the following components:Execution via Reth (full EVM compatibility). Consensus via PlasmaBFT (leader-based BFT inspired by Fast HotStuff) targeting <1s block finality and high throughput.

State anchoring to Bitcoin is planned via a trust-minimized bridge.Based on publicly available information:
February 2025: Plasma raises $24M its Seed and Series A, led by Framework and Bitfinex/USD₮0. Other participants include global leaders in the stablecoin and payments industry as well as industry-leading angels and advisors.

May 2025: Plasma does a strategic round with Founders Fund/.

July 2025: Plasma raises $50M in an ICO at $500M valuation.

A fundamental commitment within the @Vanar is the determination of transaction charges based on the dollar value of the gas token rather than the units of gas required for processing. This commitment is designed to ensure fairness for users, regardless of market fluctuations affecting the native gas token's price.

So basically a crucial question arises: How can the protocol manage the market-driven price, which inherently lies beyond its direct control?
The solution to this challenge lies in the proactive approach of the Vanar Foundation.
The foundation undertakes the responsibility of calculating the $VANRY token price by leveraging various on-chain and off-chain data sources.
Through a meticulous process of data validation and cleansing, the foundation computes the market price of the VANRY token. This calculated price is then seamlessly integrated into the protocol, establishing a dynamic and adaptive system that adjusts transaction charges based on real-time market conditions.
By incorporating this solution, Vanar ensures that the transaction fees remain consistent, regardless of the market value of the underlying gas token. The tiering system proposed in the protocol leverages the dynamically computed
VANRY token price, aligning with the commitment to fair and transparent transaction charging. In essence, this approach safeguards users from the impact of market volatility, providing a stable and predictable environment for transaction processing within the Vanar ecosystem.
#vanar

The Day when the Plasma token $XPL was issued around September month....crypto investors were chomping at the bit to buy a slice of new blockchain..
At the launch #Plasma show dominant character but failed to live up the hype...
One of the worst performance regardless the backed by Bitfinex, Framework Ventures and Cobir....XPL currently trading around 0.102 which shows it lost around 95 percent of its value in just 5 months....

What makes so wrong @Plasma
Negative sentiment against Plasma team During initial funding raised ,#Plasma sell around 1 billion coin around $0.05 each...so during launch lots of people book profit but those who purchased XPl on exchange did not get such opportunities..

As we already know that in the recent times $XPL show some of the historical price crash ...which impacts the credibility of the projects...but today when we talk about XPL....it construct it's position Hard....
Recent Unlock of the huge XPL token does not impact it's votality...
Recent past Plasma integrates with Near Intents
Plasma integration with Near Intents allowing seamless swap between XPL and Over 125 other assets across more than 25 connected Blockchain.
This integration significant enhance #XPL utility and liquidity, also support plasma goal of facilating large volume stablecoin Settlements..
Few days before @Plasma is enhanced EVM based chain Experience by introducing zero fee usdt transfer , multi currency gas payments as well as a Bitcoin bridge to integrate $BTC into the EVM ecosystem.

How it Helps ...
Improve UX without wallets needing gas tokenMake stablecoin flows viable for messaging and commerce #Plasma @Plasma