Plasma officially launches XPL public sale, tokenomics revealed

Odaily Planet Daily reports: Stablecoin Layer2 network Plasma has officially announced the launch of its XPL token public sale, which will run until 9:00 AM (UTC+8) on July 28, Eastern Time. In addition, the tokenomics for XPL have been released, with a total supply of 10 billion tokens and the following allocation plan.
1. Public sale allocation: 10%. XPL purchased by non-U.S. buyers will be fully unlocked when the Plasma public mainnet beta launches; XPL purchased by U.S. buyers will be locked for 12 months and fully unlocked on July 28, 2026.
2. Ecosystem and growth allocation: 40%. Of this, 8% will be unlocked immediately at the launch of the mainnet beta, and the remaining 32% will be unlocked proportionally on a monthly basis over three years following the mainnet beta launch.
3. Team allocation: 25%. One-third will be unlocked one year after the public launch of the mainnet beta, and the remaining two-thirds will be unlocked proportionally on a monthly basis over the following two years.
4. Investor allocation: 25%. The unlocking schedule is the same as for the team.