Introducing Plasma (XPL) on Binance HODLer Airdrops!
Binance has recently announced the listing of Plasma (XPL), a groundbreaking token aimed at optimizing stablecoin transactions on a Layer 1 EVM compatible blockchain. This announcement is significant not only for its technological advancements but also for the exciting opportunity for Binance users to earn XPL through HODLer airdrops.
What is Plasma (XPL)?
Plasma (XPL) is designed specifically for high-volume, low-cost transactions, making it ideal for global stablecoin payments. Its EVM compatibility means it can seamlessly integrate with existing Ethereum-based systems, enabling developers to create decentralized applications (dApps) that leverage the Plasma network’s benefits. With a total genesis supply of 10 billion XPL, the maximum supply is structured to be infinite, decreasing by 0.5% each year, bound to a floor of 3%.
HODLer Airdrops Overview
Binance users have the chance to receive 75 million XPL through HODLer Airdrops. The eligibility period for these airdrops is from September 10, 2025, to September 13, 2025. Users who have participated in BNB Simple Earn or On-Chain Yields during this time window will automatically qualify for the airdrop.
Key Dates for Airdrop and Trading
- Airdrop Distribution: Expected within 24 hours post-announcement.
- Trading Launch: XPL will be available for trading on September 25, 2025.
Token Economics
| Category | Details |
|—————————————–|——————————————-|
| Token Name | Plasma (XPL) |
| Genesis Total Supply | 10,000,000,000 XPL |
| Maximum Token Supply | Infinite (5% reduction annually) |
| HODLer Airdrops Allocation | 75,000,000 XPL (0.75% of Genesis) |
| Circulating Supply at Listing | 1,800,000,000 XPL (18% of Genesis) |
| Listing Fee | 0 |
| BNB Holding Hard Cap | 4% |
Smart Contract Details
- Plasma Explorer
- BNB Smart Chain
- Deposit and Withdrawal Support: XPL and USDT deposits and withdrawals will be enabled on the Plasma Network starting September 24, 2025.
How to Participate in HODLer Airdrops
- Subscribe to Simple Earn: Go to the Simple Earn page and subscribe using your BNB holdings.
- Qualify Automatically: The HODLer Airdrops will calculate rewards based on historical snapshots of your BNB balance.
- Receive Airdrop: Tokens will be distributed to your Spot Account within 24 hours after the HODLer Airdrop announcement.
Future Development Plans
Post-launch, an additional 50 million XPL will be allocated for marketing campaigns, with another 150 million XPL earmarked for future initiatives six months after the initial listing. More details will be shared in separate announcements.
Benefits of Participating
- Low-Cost Transactions: Plasma’s infrastructure allows users to engage in stablecoin transactions with minimal fees.
- Automatic Eligibility: By participating in BNB Simple Earn or On-Chain Yields, users automatically qualify for future HODLer Airdrops and Launchpool rewards.
- Community Engagement: Engage with the Plasma community through various platforms, including their official website and whitepaper.
Conclusion
Plasma (XPL) represents the next step in the evolution of blockchain technology aimed at stablecoin transactions. With a robust economic structure and the backing of Binance, it promises to deliver significant benefits to users. As always, thorough research and strategic planning are essential before engaging in trading or investing.