Plasma.Finance - DeFi & NFT Metaverse
  • πŸ‘‹Welcome to Plasma.Finance - DeFi & NFT Metaverse
  • πŸš€What is Plasma Finance dApp?
  • πŸ’‘Plasma Team Vision
  • πŸ‘¨β€πŸ’»Plasma Team
  • πŸ“šDeFi Glossary
  • πŸ’ŽPlatform Overview
    • DeFi/NFT Portfolio Management
    • Market, News and Media
      • How to add your token to Market Page
    • Token Page
    • HyperDEX Swap
      • Limit Orders on HyperDEX
      • Using Limit Orders on HyperDEX
    • PlasmaSwap AMM
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    • SpacePort IDO Launchpad
    • Innovation IDO Hub
    • Blockchain Support
    • Global Fiat On-ramp System
    • Plasma Gas Station
    • Wallet Management
    • Cross-chain Bridge
  • 🏰Plasma Governance
    • πŸ›οΈPPAY Tokenomics
    • πŸ›οΈxPPAY Community Token
    • βš™οΈGovernance Process
    • βš™οΈGovernance Venues
    • πŸ›οΈgPPAY Govenance Token
    • ✨Plasma DNA and Web3 Financial DAO
  • βš™οΈDevelopment Roadmap
    • 0xPlasma Labs Roadmap
    • Features and protocols development status
  • ❔Guideline - How To
    • How to Add a New Token to Your Wallet
    • How to Connect Your Wallet to Plasma.Finance
    • How to stake PPAY
    • How to trade/swap erc20 tokens on Plasma.Finance?
    • How to create a liquidity pool for a new token?
    • How to add liquidity to the pool?
    • How to migrate liquidity (LP tokens) to PlasmaSwap from SushiSwap and Uniswap with Rebalancer Tool
  • πŸ’»Polygon (Matic)
    • How to switch network in MetaMask on Polygon
    • How to get a MATIC token to sign cheap transactions on Polygon
    • How to add Plasma $PPAY token from Polygon network to your MetaMask
    • How to move Plasma $PPAY from Ethereum to Polygon and back. Cross-chain bridge
    • Polygon Explorer
    • Polygon Bridge
  • πŸš€SpacePort Launchpad
    • How to launch IDO (for projects)
    • How to participate in IDO (for users)
    • SpacePort Landing
  • βš™οΈHyperDEX Widget
    • About HyperDEX Widget
    • HyperDEX Widget Integration
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  1. Plasma Governance

PPAY Tokenomics

The Major Governance and Utility token of Plasma Finance dApp and protocols.

PreviousCross-chain BridgeNextxPPAY Community Token

Last updated 1 year ago

$PPAY is the native token of Plasma Finance that is central to our vision of building a decentralized financial ecosystem for each participant of the DeFi. PPAY is created in the ERC-20 standard and officially launched on the .

PPAY’s main utility function is governance of the protocol & treasury. 1 PPAY token equals to 1 vote that the community can utilize when voting for delegates, controlling the development foundation, voting for DeFi projects to get listed on Plasma Finance’s platforms, protocol changes and updates.

$PPAY will be also used inside the Plasma Finance ecosystem as a utility token:

  • Limited access to the Plasma Protocols (HyperDEX, Leverage, HyperLoop) depends on the trading volume of the wallets. Subscription protocol model based on PPAY balance.

The total supply of PPAY is 1,000,000,000. This breaks down as follows:

  • Seed. Option 1 : 50,000,000 price $0.01 β€” Private round for early investors

  • Seed. Option 2: 100,000,000 price $0.015 β€” Private round for strategic investors

  • Seed. Option 3: 75,000,000 price $0.02 β€” Private round for strategic investors

  • Market Makers and Exchanges: 10,000,000 β€” To be used for liquidity for market makers & exchanges

  • Team: 100,000,000 β€” To be used for incentivizing Plasma Finance employees and to finance future DeFi projects.

  • Advisory Pool: 25,000,000 β€” For advisors

  • Equity holders: 65,000,000 β€” Reserve of tokens for equity investors in Plasma

  • Community: 525,000,000 β€” Funds to be used mostly for incentivizing liquidity mining, supporting DeFi developers and ambassador programs. The Developer's foundation will be controlled by PPAY Governance DAO

  • Reserves: 50,000,000 β€” Funds reserved for future project requirements, including marketing, promotional activities, and fundraizing.

Each set of tokens has different vesting schedules. The total emission schedule is outlined below, with all tokens being fully unlocked by the end of 2022:

PPAY will be distributed via a linear model based on the vesting schedule set by each tier. By utilizing this method, claims are fluid and can be claimed at any time through PlasmaFinance’s contract interface thus providing a more liquid distribution for all.

PPAY is a multi-chain token represented on 5 chains:

Ethereum - PPAY address - 0x054D64b73d3D8A21Af3D764eFd76bCaA774f3Bb2 ()

Polygon - PPAY address - 0x08158A6b5d4018340387d1A302f882E98a8bC5b4 ()

BNB chain - PPAY address - 0xfb288d60D3b66F9c3e231a9a39Ed3f158a4269aA ()

Fantom - PPAY address - 0x3B42fd538597fd049648C9f017208BF712195b73 ()

Arbitrum - PPAY address - 0x49b7C1807dbdc329EBE6a8c9577cECFEc51cf336 ()

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10th of December, 2020
PPAY Allocation
PPAY Emission (vesting distribution)