PPAY token

The centralized financial world is on the trail of a crisis due to unorganized governance and low community control, decentralized finance (Defi) is challenging today, creating its transparent governance, the invariable flow of events algorithms on the blockchain. The popularity of new Defi experiments baffles banks but gives the future and hope for changes in the rules of the game, digital money under private control, financial instruments for the control of communities. Plasma seeks to achieve the outcome of a payment ecosystem with professional financial instruments where researchers, scientists, creators, and financial markets can negotiate and create conceptual solutions in the open lending, investment, forecasting, trading, and tokenized asset sector. The use of PlasmaFinance for the implementation of financial instruments on its basis allows achieving high speed and confirmation of transactions, protection against double-spending, great computing power for executing algorithms, and reliable data from cryptocurrency traditional financial markets.

Problems the PlasmaFinance Community Solves in development and mass adaptation of Defi technologies in High Fees, Low Transaction Speed, Darkness Fiat on/off Ramp, Bad Users Onboarding. High Fees Due to the high cost of gas on the Ethereum, smart contract transactions are very expensive for users Low Transaction Speed Due to network congestion with transactions, the confirmation rate of transactions drop to several tens of minutes Fiat on/off Ramp Defi apps do not have direct access to fiat payment channels, which greatly complicates mass-market access to their products Users Onboarding Defi application’s interfaces are very complex and require a high level of user expertise in the crypto. The problem to be solved, tools in one application, DefI is not standard and this is its advantage, complex logic for working with counters require a convenient interface. The speed of DefI is limited by primitives and we provide a cross-chain bridge for the effective operation of a contract under the control of the main release chain like Ethereum, we combine exchange tools with contract functions, allowing us to integrate any protocol for handshaking. It is very important for the PPAY community to abandon centralized liquidity, as it is expensive to maintain and assets move very slowly, but using the tools offered, crypto will be able to compete in a means of payment with low fiat ramp fees, without blockchain fees per transaction. PPAY acts as a collector of fee from Defi instruments, for example, an exchange in PlasmaSwap, a trader will pay a fee of 0.3% where 0.05% will go to the xPPAY Holders, and 0.25% of commissions will go to a liquidity provider, PlasmaFinance plans to use a commission collector in all Defi dApps. In real-time, users earn PPAY proportionate to their stake PPAY; This is separate from the natural interest rates in the market. Once an address has earned 1 PPAY, any PlasmaFinance Defi Dashboard transaction (e.g. unstake PPAY) will automatically transfer PPAY to their wallet; for smaller balances, an address can manually collect all earned PPAY.

How does PPAY work?

The PPAY is a community utility token and unlocks the full potential of the PPAY ecosystem. PPAY token holders should be people who somehow interact with the ecosystem, committed to its future development, and want to participate in governance. This is how we aim to truly decentralize and harmonize community members of PPAY.

PPAY utility

PlasmaFinance DefI Dashboard protocols

PlasmaFinance Defi Dashboard is a decentralized platform for managing and trading cryptocurrency and tokenized assets. А Dashboard helps non-technical users to acquire, track, and manage Defi protocols. This platform allows transactions with assets from Ethereum and on future Binance Smart-chain, Polkadot, Matic, Optimistic, and other blockchain chains through the HyperLoop cross-chain bridge. HyperLoop has a high speed and transaction confirmation without blockchain commission (example: Ethereum GAS). The user's assets remain completely under his control, trading is carried out by logging in and signing a transaction through wallets without transferring private keys from accounts to the platform.

Voting PPAY in Governance

Stake PPAY allows the community to vote for delegates as well as changes and updates to the PPAY protocols. This mechanism will be activated upon the distribution of 52.5% of all tokens from the emission. Voting on proposals will be carried out by delegated voters. If sufficient support is obtained by the end of the period, the offer will be automatically accepted. Accepted offers are queued and executed in the contract after a temporary review. A voter cannot create another Once a proposal is created, the community can vote for a 7-day period. If the proposal is submitted by a majority and at least 40,000,000+ votes, it is put on the queue for temporary consideration and can be implemented within 7 days. Governance Fund will be deployed to attract and incentivize strategic partners that will help the PPAY ecosystem grow and thrive. PPAY holders will be able to elect new initiatives by voting. Governance Fund will be deployed to attract and incentivize strategic partners that will help the PPAY ecosystem grow and thrive. PPAY holders will be able to elect new initiatives by voting.

The mission of an autonomous decentralized organization

Providing decentralized financial services to the public with no permission required, low fees, and easy-to-use financial features available to everyone. Decentralization of management of the protocol and its smart contracts and a governed community, with distributed responsibility and lack of control from one person. Open governance structure, no subject has the right to censor the protocol. Fair and equal treatment of members, ensuring an equal distribution of the asset for activity in the system. Adherence to a non-profit policy. No voting member has less information about the decision than others. Updating and changing and improving the protocol by the majority.

How to voting PPAY in PlasmaFinance Defi Dashboard?

  1. Head to PlasmaFinance Defi Dashboard

  2. Switch to the Governance tab

  3. Click Voting or Proposal

  4. Sign the proposed ones, vote for the delegate, create your proposal with a xPPAY token from Stake

Distribution Community

The distribution of PPAY will become a core mechanic of the PlasmaFinance Defi Dashboard. All users and all applications built on top of PlasmaFinance will continuously, and automatically receive governance rights, for free— in order to shape the future of the platform.

Community initiatives

525m PPAY will be placed into a Reservoir contract, which PPAY per day into the protocol for distribution to support community initiatives.

PlasmaFinance Fiat OFF/ON - Ramp

Buy and Sell cryptocurrencies with your bank card, wire e.t.c Part of the fee goes to the buy out and distribution to the xPPAY stakeholders. Earlier we used liquidity of third-party partners, but now we will fill the pools with liquidity from PlasmaFinance Dashboard & HyperLoop protocol and all transactions will be displayed through the liquidity pool win-win.


PPAY Emission Model PPAY will be issued across 11 pools with various lockups and cliff periods. 52.5% of the supply will be locked for liquidity mining.

Distribution & price model PPAY token generation event will bring to market a very limited token supply, 5.7% for both trading, staking, and utility. The community will get the most from the distribution.

PPAY timeline & use of funds Distribution of PPAY will be completed by the end of 2022. Our staking incentive and unique utility and buyback program will burn up to 20% of the supply which will leave only a limited number of PPAY tokens on the market.

Token allocation

Seed Round, Private Rounds, Equity holders

Early investors get better deals, help us jump-start the plasma ecosystem, and are first and foremost members of our community.

Market Making & Exchanges

Formation of liquidity pools on Uniswap e.t.c with the release of additional tokens to start their circulation.

Team Options

Founders and early teams reserve tokens in the vesting period.

Advisory Pool

Assistants and followers in the early development of the project receive tokens with a vesting period.


Reserve for distribution for promotions, content management to maintain noise around the project with a vesting period. Will be completely transparent and consistent with the governance.


The community will receive most of the PPAY tokens, in a period of 24 months for community initiatives, will be able to participate in the voting and management of the protocol, and develop the PPAY token ecosystem.

PlasmaFinance token stages

Original roadmap & achievements

Updated roadmap on docs.plasma.finance