Plasma: XPL public sale quota remains at $500 million, fully diluted valuation is $5 billion

stablecoin project Plasma officially announced at 8 o'clock today and reopened the deposit limit at 9 o'clock. This is to reduce robots and snipers and create space for real participants. The raised deposit of 1 billion US dollars is not the sale of XPL itself. The public sale of XPL has not yet started. All funds will be bridged to the Plasma mainnet testnet and fully owned by depositors. Depositors participate in the sale based on the final unit ownership at the time of locking. The terms of the public sale remain unchanged: 5 billion US dollars worth of XPL tokens will be sold, with a fully diluted valuation of 50 billion US dollars.