The new chain performance program of the Stable Blockchain Startup Plasma with Binance Crypto Exchange attracted 250 million dollars in deposits on Wednesday, reaching the installation limit in less than an hour.
Cryptographic investors flocked to the offering to get their hands on the native token XPL of the purple chain offered as a reward.
The offer, entitled Plasma USDT locked, was opened Wednesday at 12:00 pm UTC on Binance Gagnie, allowing users to deposit USDT to obtain daily USDT rewards. In addition to the yield, participants will share an air card of 100 million XPL tokens, which is equivalent to 1% of the total offer, after the generation of the protocol tokens.
The installation was capped at USDT 250 million dollars and operates according to the first arrival, the first served. Binance said he would follow user sales via daily snapshots to distribute USDT rewards and XPL allowances.
The ceiling can be increased, Plasma said in a post X.
Plasma is one of the chains focused on the stables with hyperters, offering USDT transfers at no cost. The project is supported by investors, including Peter Thiel, the CEO of Tether Paolo Ardoino, Framework Ventures, and has raised $ 373 million in a sale of overwhelmed public token. He also attracted a billion dollars in USDT depots in June.
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