After the free withdrawal from the BSC chain, another Plasma chain has come.
For those who frequently withdraw, this chain can also be used, and it arrives quickly; saving is key.
1. XPL is a Layer 1 public chain focused on stablecoin payments, reshaping an efficient and secure on-chain payment ecosystem with two core mechanisms: free transfers and on-chain locking.
2. Its zero-fee USDT transfers rely on protocol-level Paymaster smart contracts, with Gas costs fully subsidized by the XPL tokens from the ecological treasury.
3. Users do not need to hold XPL native tokens to easily complete peer-to-peer transfers and cross-border remittances, completely breaking the entry barrier of 'buying Gas before trading.'
4. With the PlasmaBFT consensus mechanism, XPL achieves block generation speeds in seconds and over 1000 TPS throughput, providing a transfer experience comparable to traditional digital payment tools.
5. The on-chain locking mechanism is key to the stable operation of the XPL ecosystem, with 25% of tokens allocated to the team and investors set for a 1-year lockup period and a subsequent 2-year linear unlocking rule.
6. The lock-up period for the public shares in the United States lasts up to 12 months, preventing the impact of early token concentration selling pressure on the market from the source.
7. 40% of the tokens in the ecological development sector will be unlocked monthly over 3 years, ensuring continuous funding for ecological construction and functional iteration.
8. Validators must stake XPL tokens to receive block rewards, incentivizing nodes to actively participate in network maintenance, enhancing overall security and decentralization.
9. The initial annual inflation rate for XPL is 5%, decreasing to 3% year by year, with a mild inflation model balancing network incentives and token circulation stability.
10. With added functionalities like EVM compatibility and Bitcoin bridges, XPL promotes stablecoins to more mainstream digital payment scenarios with its low barriers and high-performance advantages.
