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Lucid
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Whop Treasury, powered by Plasma.
Whop@whop
Introducing Whop Treasury. Earn 6% yield on all money earned on Whop.
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Lucid retweetledi
Hit me up if you want to try the best UX crypto neobank in the market today!
Plasma@Plasma
Plasma One private beta is now live.
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Incredibly grateful to be building Plasma One alongside @0xjack_
We’ve put a ton of work into getting Plasma One to this point. Still far from where we want to be, but we’re making rapid progress and I’m excited to finally start showing people what we’ve been building.
jack0x.eth@0xjack_
A very overdue update: Last year I joined Plasma as Head of Engineering to spearhead the development of our flagship product, Plasma One. After a few years at MetaMask, it became clear that building products that make crypto easier to use will see the most distribution. Today, the tools and infrastructure that exist unlock entirely new levels of usability: account abstraction, fast finality, real-world crypto spending with cards, and more. For the first time, the infrastructure exists to make this possible. That's why we're building Plasma One. Money is changing and we are at the tipping point. Crypto is competing with traditional finance on multiple fronts. Aave has more outstanding loans than Klarna. Hyperliquid volumes are comparable to Robinhood. And now, Plasma One can compete with neobanks like Revolut on simplicity and reliability. My personal north star is simple: Plasma One should be so intuitive that my parents use it. We are building Plasma One to be the home of new money. Because stablecoins are new money. Global, borderless, permissionless, and programmable. But the expectation when people interact with stablecoins is the same as with fiat. That gap is exactly what we're building for. Plasma One is in private beta now. We're shipping fast and opening up early access soon. We are building money that just works, and your money deserves Plasma One.
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Lucid retweetledi
A very overdue update:
Last year I joined Plasma as Head of Engineering to spearhead the development of our flagship product, Plasma One.
After a few years at MetaMask, it became clear that building products that make crypto easier to use will see the most distribution. Today, the tools and infrastructure that exist unlock entirely new levels of usability: account abstraction, fast finality, real-world crypto spending with cards, and more.
For the first time, the infrastructure exists to make this possible. That's why we're building Plasma One.
Money is changing and we are at the tipping point. Crypto is competing with traditional finance on multiple fronts. Aave has more outstanding loans than Klarna. Hyperliquid volumes are comparable to Robinhood. And now, Plasma One can compete with neobanks like Revolut on simplicity and reliability.
My personal north star is simple: Plasma One should be so intuitive that my parents use it.
We are building Plasma One to be the home of new money. Because stablecoins are new money. Global, borderless, permissionless, and programmable. But the expectation when people interact with stablecoins is the same as with fiat. That gap is exactly what we're building for.
Plasma One is in private beta now. We're shipping fast and opening up early access soon.
We are building money that just works, and your money deserves Plasma One.
English
Lucid retweetledi
With Privy, people can create a Plasma One account in seconds.
Plasma One is a beautifully crafted stablecoin neobank that I can't wait for the world to see
Bullish
Plasma@Plasma
With @privy_io, people can create a Plasma One account in seconds. Learn how we make stablecoins feel like money in the article below.
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Lucid retweetledi
Another day, another exchange (technically second one today).
Whitebit just integrated Plasma USD₮ rails.
As with 30+ other exchanges, Plasma is the most efficient way to transfer stablecoins in/out of Whitebit.
WhiteBIT@WhiteBit
Meet Tether ($USDT) deposits & withdrawals on the Plasma network & enjoy them at zero fees for withdrawals for the time being.
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Plasma is growing and I'm looking to add an Associate General Counsel to our legal team.
If you want to work alongside the most talented GTM, engineering & product teams building at the intersection of finance and digital assets, please reach out or apply below.
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Congratulations to @gakonst and the entire team at Tempo on the testnet launch.
Protocol design is fascinating because it forces a balance between first principles thinking and the reality of existing products, infrastructure and distribution. Reading through the docs it’s clear the team made some genuinely interesting decisions from first principles. Looking forward to dive deeper.
The team at Paradigm has built incredible infra over the years and we’re excited to contribute actively to the Reth codebase alongside them.
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Around two months after mainnet launch stablecoin supply and daily active addresses on Plasma have now stabilized. Incentives have been cut by more than 95% and stablecoin supply is holding organically at ~$2.1B.
Plasma’s Aave market is still the second largest in the world at $4.4B driven by a ~$2B organic USDT lending market. This is the credit foundation every product on Plasma depends on and exactly the outcome we wanted when bootstrapping our ecosystem.
Plasma is the 6th largest chain by DeFi TVL and the fastest growing in the top 10 over the past month even as we cut incentives aggressively.
h/t @asxn_r @DefiLlama
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Bridge is excited to support @Plasma across our stablecoin infrastructure, supporting ecosystem developers building payment uses cases, including the future launch of Plasma One.
Plasma@Plasma
We’re excited to announce our partnership with Bridge (@Stablecoin) to enhance the underlying payment infrastructure we are building for Plasma One and builders across our onchain ecosystem.
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Axis is excited to announce a raise of $5 million, led by @galaxyhq, in order to bring institutional yield across USD, Bitcoin, and Gold.
The digital asset market still lacks reliable, transparent ways to earn yield that work for both institutions and everyday users, in both bull and bear markets.
Too many products depend on inflationary token incentives or singular strategies, making returns unsustainable and unpredictable.
The solution?
We're building a transparent return stream that is, by design, diversified delta-neutral and weather-resistant to market conditions.
With a round led by Galaxy Ventures, and participation from
@FalconXGlobal, @OKX_Ventures, @CMT_Digital, @Maven11Capital, @GSR_io, @cmsholdings, and @Marczeller of @AaveChan, Axis is taking a different approach.
It's time to bring these quantitative institutional strategies onchain for all of you.
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