
Sea 🐸|Sep 16, 2025 13:12
Plasma is absolutely on fire! Today we teamed up with Maple Finance and Midas for an event (also the last one before the TGE).
The front-end page was supposed to go live at 21:00, but whales jumped in early through the contract, and by 20:53, it was basically full...
- Total cap: 200 million, snatched up by 152 addresses, with an average deposit of 1.31 million per address
- Minimum participation per wallet: 125,000, no upper limit
- Funds will be locked for 2 months (liquidity will migrate to the Plasma mainnet after TGE)
- Expected overall yield: 25-30%, with the majority likely coming from XPL, plus SyrupUSDT and Plasma DeFi incentives
The market is just too flush with cash, and the capital is still way too hungry.
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