What @Plasma & $XPL Are (Legit Info)

Plasma

A Layer-1 blockchain built for fast, low-fee stablecoin payments and DeFi activity.

It’s EVM-compatible, meaning it supports Ethereum-style smart contracts.

#Plasma uses a unique consensus called PlasmaBFT to process transactions quickly.

Binance included XPL in its HODLer Airdrop program, listing the token and offering rewards to certain BNB holders. �

Binance Academy +1

XPL Token

Native token of the Plasma network.

Used for:

paying fees,

staking and securing the network,

validator rewards.

Upon launch, it had trading pairs like XPL/USDT on Binance. �