Plasma (XPL) to be listed on Bitget Launchpool — lock BGB and XPL to share 2,200,000 XPL!

Bitget Launchpool will be listing Plasma (XPL). Eligible users can lock BGB and XPL to share 2,200,000 XPL.

Locking period: 25 September 2025, 13:00 – 28 September 2025, 13:00 (UTC)

Lock Now

 

Project details

• Token name: Plasma (XPL)

• Total supply: 10,000,000,000 XPL

• Launchpool allocation: 2,200,000 XPL

• About the project:

Plasma is a high-performance Layer 1 blockchain purpose-built for stablecoins. Current blockchains were not designed for today’s $250B+ stablecoin market and face issues like high fees, transaction failures, and poor UX. Plasma addresses these challenges with features such as zero-fee USD₮ transfers, custom gas tokens (pay fees in stablecoins), ultra-low-latency consensus (PlasmaBFT). Built with EVM compatibility via Reth, Plasma offers a scalable, censorship-resistant, and stablecoin-centric settlement layer. Backed by leading investors including Founders Fund, Bitfinex/Tether, DRW, Flow Traders, and Nomura, Plasma is designed to unlock the stablecoin supercycle and onboard the next billion users.

 

 

Locking pool 1- BGB:

BGB pool airdrop per user = user's locked BGB ÷ total locked BGB of all eligible participants × corresponding pool.

 

Locking pool 2- XPL:

XPL pool airdrop per user = user's locked XPL ÷ total locked XPL of all eligible participants × corresponding pool.

 

Notes:

1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume.

2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly.

3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM.

4. The APR of each locking pool is calculated separately.

5. Users can unlock their locked tokens from the locking pool at any time.

6. Locked assets will be automatically returned to the user's spot account after the locking period ends.

7. Your tokens will be redeemed to your spot account within five minutes after the promotion ends. If auto-savings is enabled, the funds will be credited to your Earn account instead.

 

 

Terms and conditions

1. Users must complete identity verification to participate in the promotion.

2. All participants must strictly comply with Bitget's terms and conditions.

3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

 

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!

 

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