shadowfax

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shadowfax

shadowfax

@shadowofthefax

part of the @Plasma community team 🕊️

Katılım Aralık 2020
246 Takip Edilen530 Takipçiler
Plasma
Plasma@Plasma·
Direct ramps to and from your bank, using stablecoins in seconds. Learn how Bridge powers Plasma One virtual accounts in the article below.
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Lucid
Lucid@lucidxpl·
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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Plasma
Plasma@Plasma·
Plasma One private beta is now live.
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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jack0x.eth
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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Nathan
Nathan@proofofnathan·
Receiving my salary (from Plasma) in Plasma USDT on Plasma One. Ice in my veins.
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Plasma
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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StablR
StablR@StablREuro·
Big step for stablecoin payments in Europe: StablR is launching on Plasma — bringing regulated European stablecoins into the financial products people and businesses actually use. Powered by three key pieces of infrastructure: • @Plasma — financial products for spending, saving, and moving money with stablecoins; • @hadron_tether — institutional issuance technology; • @StablREuro — regulated European stablecoins. This positions Plasma as the place where regulated European stablecoins meet the global liquidity and settlement flows shaping onchain payments worldwide. Europe → World 🌍 More soon.
StablR tweet media
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Plasma
Plasma@Plasma·
Trillions. Soon again.
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Sumcap
Sumcap@Sumcap·
151 days since mainnet launch, and @Plasma has officially cleared $250B in cumulative @USDT0_to transfer volume. What began as a specialized vision for stablecoin-native infrastructure has rapidly scaled into a high-velocity liquidity layer. Here is the data behind the maturation of the network
Sumcap tweet media
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Plasma
Plasma@Plasma·
Vaults are rapidly becoming critical infrastructure for making onchain yield simple and accessible. Learn how vaults work and why they’re bringing DeFi to institutions and consumers at scale, in our co-authored piece with @veda_labs.
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Plasma
Plasma@Plasma·
Every builder on Plasma can now move between fiat currencies and USD₮ through a single API with @Stablecoin.
Bridge@Stablecoin

Last year, Bridge announced support for @Plasma, and now we’re taking the first step live. We’re starting with USDT as the first supported currency within our Orchestration APIs—including onramps and offramps—unlocking more scalable stablecoin movement on Plasma.

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Plasma
Plasma@Plasma·
In just four months, @YuzuMoneyX hit $70M in TVL. This year they are launching a neobank to bring on/off-ramps, banking rails, and card spend to millions of cash-based businesses in Southeast Asia. If you are building new financial applications with stablecoins, build on Plasma.
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ASXN
ASXN@asxn_r·
Stablecoin supply on @Plasma still sits above 2bn USD, despite the decreased emissions 74% of the supply is in USDT
ASXN tweet media
river@river0x

Plasma’s DeFi ecosystem is now ready to become a tool for value accrual. After 4 months, XPL emission has decreased by 80% or 98% in dollar terms, peak to trough. - Liquidity is no longer a meaningful expense. - Existing protocols are showing signs of strong traction with extremely limited incentive. This is demonstrated by our @aave utilization rate being the highest in the industry (see below). - Plasma's DeFi ecosystem is likely to maintain its current position given the number of profitable traders sizing positions. - XPL liquidity mining, a once significant source of sell pressure and circulating supply inflation, is no longer worth considering. The coming months will focus exclusively on importing new income sources into Plasma for traders to take advantage of. The increased profitable activity, fee generation, and subsequent wealth events should become a significant boon for this network.

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Keşfet

@Plasma @tether @pdaxph @lucidxpl @0xjack_ @proofofnathan @privy_io @StablREuro