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
Telegram
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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