What is Plasma Finance (PPAY)? All information about the project Plasma Finance

Introduce

Plasma Finance is your “home” for decentralized finance. Easily invest, store and manage any DeFi token.

  • Plasma Finance (PPAY) what?
  • Why PPAY so hot again?
  • Should you invest in the project?

This article will answer these questions in turn. And give you an overview from the general to the detailed about this project. So what are you waiting for, let’s start writing right now!

What is Plasma Finance (PPAY)?

Plasma Finance (PPAY) is a DeFi dashboard that aggregates protocols DeFi most popular in one place. Plasma.Finance creates a useful all-in-one solution for experienced users as well as novices with the goal of simplifying and democratizing the market DeFi and lower barriers to entry.

Current information

Ticker: PPAY

Blockchain: Ethereum

Token Standard: ERC-20

Reported Circulating Supply: 61,615,693 PPAY

Max supply: 1,000,000,000 PPAY

What problem does Plasma Finance solve?

Currently the decentralized financial economy has a lot of products and services including Borrowing & Lending, Swap tokens, DEX but not everyone experiences all of them (they don’t like having to move from one place to another). site to web, learn how it works every time you use a certain product or service). Besides, there are many projects that do not provide a good user experience anymore. Because of the above problems, Plasma Finance was born to provide a reasonable solution that the DeFi space still faces. Specifically, please continue reading below.

Maybe you wonder

What is DeFi? Why is Defi storming today?

Solution of Plasma Finance

Plasma Finance provides DeFi products and services in one dashboard, including:

  • Portfolio Management
  • Fiat On / Off Ramp
  • Liquidity Pool
  • DEX & SWAP aggregator
  • Lending and Borrowing
  • Cross-chain asset swap
  • Savings

Currently, Plasma Finance has Swap, Liquidity Pool and Savings. It is expected that in the near future, the project will continue to update more DeFi products and services for everyone to use.

Plasma Finance’s Ecosystem

PlasmaPay

PlasmaPay is a crypto wallet and crypto exchange, providing services such as instant purchase of cryptocurrencies with Visa/Mc debit and credit cards or bank transfers.

Partners who have integrated with PlasmaPay

PPAY token

PPAY is a utility token of Plasma Finance

PlasmaChain

PlasmaChain is the core infrastructure of the PlasmaPay service. It is the first blockchain built and customized for the financial needs of not only crypto projects and exchanges, but also real payment companies, banks and fiat financial applications with transaction fees. zero translation and instant speed.

Information about tokens

What is PPAY token?

PPAY is a community utility token and unlocks the full potential of the Plasma ecosystem.

PPAY holders can:

  • Interaction with the ecosystem
  • Developing the ecosystem in the future
  • Join the administration

PPAY Token Allocation

Community: 52.5%

Team Options: 10%

Private Round 1: 10%

Private Round 2: 7.5%

Equity Holders: 6.5%

Reserves: 5%

Seed Round: 5%

Advisory Pool: 2.5%

Market Making & Exchanges: 1%

PPAY token Distribution

The distribution of PPAY will be completed by the end of 2022. The unique utility and staking incentive program and buyback program will burn up to 20% of the supply, leaving only a limited number of PPAY tokens in the market. .

What exchange is PPAY currently on?

Currently, PPAY token has been traded on exchanges such as Uniswap (V2), Bithumb Global, MXC.COM

Similar projects?

Not found yet

Team, Partners and Investors & Advisors

Team

The project is developed by 25 top cybersecurity, blockchain, fintech and UI engineers

Partners

Plasma Finance

PlasmaPay

Investors & Advisors

Advisors

Investors

Project does not provide information

Roadmap

Quarter 1/ 2021

Staking enabled PPAY token

PPAY holders will earn a portion of transaction fees based on the amount of xPPAY held in proportion to the weight of the staking. Where tokens are staked ensures the network remains secure, as good Delegates in Governance will be rewarded and bad actors will lose their stake.

PlasmaPay Launches Defi Beta Dashboard

New features:

– Staking

– Lending

– Get a loan

– Administration

– Yield Farming

PlasmaRooms Launched

Encrypted video conference rooms with built-in crypto payment based on PlasmaChain smart contract, This App allows you to experience the power of Plasma ecosystem and how smart applications can often survive in the new web 3.0 economy.

2nd quarter of 2021

PlasmaChain Launches HyperLoop Cross-Chain Bridge in Mainnet

Launch in combat mode and start trading on real assets.

PlasmaPay Launches Defi Beta Dashboard

Integrated gateway support for smart contract partners:

– Uniswap

– Balancer

– Compound

– Aave

– Yearn.finance

– Synthetix

PlasmaPay DeFi CrossChain console support (ETHEREUM to PLASMA)

New opportunity for partners to move contracts and tokens to plasma chain and transact between blockchains

Pre-order PlasmaPay Visa Crypto card

Token holders will be able to order tokens under better conditions, for future circulation of decentralized non-custodial accounts, your tokens will open access to ATMs and online stores around the world gender

3rd quarter of 2021

Support PlasmaChain HyperLoop Cross-Chain

PlasmaPay Defi Dashboard

New property support

Activation of the Visa PlasmaPay Cryptocurrency Card program

First cardholders will be able to start testing and spending their crypto anywhere.

PlasmaPay Update IOS/Android mobile app with all PlasmaPay web functionality.

Quarter 4/ 2021

PlasmaChain is public

Go from private to public mode, launch in combat mode and start trading on real assets.

Media channel

Plasma Finance

Website

PlasmaPay

Website

Linkedin

Twitter

Facebook

Telegram

Reddit

Should you invest in the project?

Through what GocTienAo shared with you, I hope that you have grasped a part of the project and can make your own investment decisions!

Conclude

The above article has provided you with an overview to details of the Plasma Finance project. Hope GocTienAo has given you useful information about the project. If you find it interesting, please share the article with your friends!

All investment statements above are personal. All investment decisions are made by you and you are responsible for your assets. Good luck!

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