The XPL token vesting schedule is as follows:
Public Sale
Allocation: 1.00 billion XPL
Unlock: 100% vested at TGE (1.00 billion XPL released immediately)
Team
Allocation: 2.50 billion XPL
Unlock: 0% at TGE
Vesting: Cliff + linear release over 24 months
Investors
Allocation: 2.50 billion XPL
Unlock: 0% at TGE
Vesting: Cliff + linear release over 24 months
Ecosystem & Growth
Allocation: 4.00 billion XPL
Unlock: 20% at TGE (0.80 billion XPL), remainder vested over time
XPL Token Utility
The XPL token is at the heart of the Plasma ecosystem. With utilities as follows:
Gas and Transaction Fees
Staking and Network Security
Validator Rewards and Incentives
Ecosystem Growth and Incentive Funding
Governance and Protocol Upgrades
Plasma Investors
Plasma has attracted backing from several well-known names in crypto and venture capital:
Cobie – Angel investor, recognized figure in the crypto community.
Framework Ventures (Lead) – Tier 1 crypto VC, early backer of leading DeFi projects.
6MV (6th Man Ventures) – Tier 2 VC with focus on Web3 startups.
Founders Fund – Tier 2 venture capital firm with global presence.
Manifold Trading – Tier 2 quantitative trading and venture firm.
Bitfinex (Lead) – Tier 3 exchange, closely linked to Tether ecosystem.
