The financial system of tomorrow. Owned by you. Announcing the XPL public sale, using Sonar by @echodotxyz. 10% of XPL will be sold at a $500M FDV, the same valuation as our latest equity round with Founders Fund.
To secure an allocation, deposit stablecoins into the Plasma vault on Ethereum, powered by @veda_labs. Your time-weighted share of total deposits determines your allocation. Before the sale begins, the vault locks. At mainnet beta, your position bridges to Plasma, becomes withdrawable, and XPL is distributed. Deposits open in 2 weeks at
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