With 2 days to go, @PlasmaFDN is already oversubscribed by +6x Some stats: • They are selling 50M worth of XPL @ 0.05 • At a valuation of 500M • 1B XPL sold • 41.8M/50M has already been purchased (84%) • 8.2M remains unpurchased, for people who overcommit • There's 50M in overcommitments trying to get that 8.2M share • Total raised: 92M imo +95% of XPL will be purchased, but that won't stop overcommitments since it's basically free, mind the opp cost to deploy/unwind size. You can commit until the 28th, and the Plasma team will refund unused overcommitted funds within 2-3 days max. They've received so far: 46,073,566 USDC 45,552,745 USDT 605,041.46 USDS 30,414.36 DAI Only around 3000 addresses managed to get in. There was a 30 min window on the last cap increase, so plenty of time for people who missed the first two. They are treating USDC/USDT/USDS/DAI as if they’re all worth exactly 1. Because of that, the best alternative was to send USDC (which can trade slightly below 1, 0.998 on some exchanges) since they are crediting deposits at a 1:1 rate in USDT at launch. A small arbitrage on top of the Aave yield our deposits are already getting. Can't confirm myself, but I've seen people saying the word "Trillions" ⚡️(olimpio)