Plasma (XPL): An emerging Layer 1 focused on stablecoins, what is its potential?
Plasma (XPL): An emerging Layer 1 focused on stablecoins, what is its potential? Recently, there has been a lot of discussion about @plasma and its token $XPL within the Binance ecosystem. As a newly launched Layer 1 blockchain specifically designed for stablecoins, what are the noteworthy aspects? Today, let's have a brief chat. First of all, the core positioning of Plasma Chain is very clear: it is a Layer 1 blockchain compatible with EVM (Ethereum Virtual Machine), optimized for high transaction volume and low-cost stablecoin payments. This means developers can build applications on it using familiar Ethereum tools, while users can enjoy a more efficient and cheaper stablecoin transfer experience. The project even supports zero-fee USDT transfers, which is a significant attraction for high-frequency trading or daily payments.
This angle mainly combines the technical characteristics of DUSK and its application in the tokenization of compliant assets.
· Core concept: Starting from the perspective of 'how privacy compliance empowers real-world assets'. · Key information: Emphasizes that DUSK is a privacy-friendly Layer 1 platform built from the ground up for institutional and compliance needs. It protects privacy through zero-knowledge proofs (ZKPs) and also offers publicly auditable transaction options (Moonlight), addressing regulatory challenges faced by traditional privacy coins. · Featured function: Its Citadel protocol allows asset issuers to set rules (such as transactions only allowed for qualified investors through KYC), providing a compliance foundation for on-chain issuance of real-world assets like stocks and bonds. · Ecological incentives: It can be mentioned that DUSK is currently incentivizing ecological construction through the CreatorPad program with a prize pool of over 3 million $DUSK , attracting developers and users. #dusk $DUSK
Plasma (XPL): An emerging Layer 1 focused on stablecoins, what is its potential?
Plasma (XPL): An emerging Layer 1 focused on stablecoins, what is its potential? Recently, there has been a lot of discussion about @plasma and its token $XPL within the Binance ecosystem. As a newly launched Layer 1 blockchain specifically designed for stablecoins, what are the noteworthy aspects? Today, let's have a brief chat. First of all, the core positioning of Plasma Chain is very clear: it is a Layer 1 blockchain compatible with EVM (Ethereum Virtual Machine), optimized for high transaction volume and low-cost stablecoin payments. This means developers can build applications on it using familiar Ethereum tools, while users can enjoy a more efficient and cheaper stablecoin transfer experience. The project even supports zero-fee USDT transfers, which is a significant attraction for high-frequency trading or daily payments.
Just discovered that Binance Square has launched the "Writing for Profit" program, where creating high-quality cryptocurrency content offers the chance to earn USDT rewards. Today, we will analyze a new project worth paying attention to.
Binance has included the high-performance Layer-1 blockchain @plasma, focused on stablecoin payments, in its HODLer airdrop program as the 44th project. This project aims to become an efficient stablecoin settlement layer through features such as zero-fee USDT transfers. The airdrop distributes 75 million tokens to eligible BNB holders with the token ID $XPL . Previously, Binance also provided users with the opportunity to participate in Plasma deposits to receive airdrops, which are estimated to have high annual yield potential. For investors seeking efficiency in stablecoins and innovative public chain opportunities, this is undoubtedly an ecosystem worth exploring in depth.
Dusk: A Privacy-First Blockchain Built for a Compliant World
The official Dusk project once clearly summarized its core in five points: it is a privacy-friendly and compliant L1 platform specifically designed for #RWAs (Real-World Assets). Here is my interpretation of its key advantages:
🔒 Unique "Compliant Privacy" Positioning Dusk's core philosophy is achieving financial transaction privacy without compromising compliance. It leverages Zero-Knowledge Proofs (ZKPs) for privacy protection, while also offering a public transaction option called "Moonlight." This allows institutions and individuals to flexibly choose between full privacy and public auditability, potentially solving the regulatory challenges faced by traditional "privacy coins."
⚙️ A Technically Built-from-Scratch Stack Unlike other projects, Dusk chose to build everything from the ground up—its consensus mechanism, virtual machine (Rusk), and network wallet—to meet the specific needs of institutions and regulators. Its innovative Byzantine consensus protocol not only rewards block producers but also rewards block voters, incentivizing greater participation in maintaining network security.
💡 A Game-Changing RWA Solution Dusk's vision goes beyond asset tokenization; it aims to natively place the entire lifecycle of assets—including issuance, reconciliation, and trading—on-chain. This provides a robust infrastructure for traditional financial assets like stocks and bonds to be tokenized on-chain with privacy, transparency, and compliance, offering tremendous potential.
📊 Project Background and Market Snapshot Dusk's CEO, Emanuele Francioni, is also the Chief Technology Officer at the Netherlands Stock Exchange NPEx, bringing deep traditional finance compliance expertise to the project. As of recent data, the total supply of its native token $DUSK is 1 billion tokens, with 50% in circulation. The token is used for paying transaction fees, participating in network consensus staking, and future on-chain governance.
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Key Takeaways
· Core Positioning: A privacy-compliant Layer 1 blockchain focused on serving RWAs. · Technical Features: Utilizes Zero-Knowledge Proofs and a proprietary consensus mechanism, offering optional transaction privacy. · Key Applications: Aims to enable full lifecycle on-chain management of financial assets from issuance to trading. #dusk $DUSK
Exploring the new wave of modular DEX: How @walrusprotocol is reshaping the trading experience?
As an innovator in the DeFi space, Walrus Protocol is centered around a modular architecture, providing users with more efficient and cost-effective trading solutions! Through flexible liquidity pool design and smart routing optimization, $WAL is breaking the limitations of traditional DEX, empowering the next generation of decentralized finance ecosystem.
📈 Recent data shows that the staking volume and trading activity of $WAL continue to rise, with community enthusiasm growing! Whether you are a liquidity provider or a trader, you can find unique value in the Walrus ecosystem. In the future, with multi-chain expansion and partner program advancement, the potential is limitless!
🔗 Key highlights:
· Modular DEX design supporting customized trading experiences · Low slippage, high capital efficiency liquidity pools · Strong community governance and token economic model
#Walrus is leading the DEX 2.0 revolution, do you believe in its development? 👉 Follow $WAL and join the evolution journey of the ocean overlord! #walrus $WAL