PANews
PANews|Sep 23, 2025 11:40
[Plasma Mainnet Test Version Release Imminent, On-Chain Market to Undergo First Stress Test] According to official sources, the Plasma mainnet test version is about to be released, and its on-chain market will undergo its first stress test—a large influx of liquidity within a short period. The primary goal is to ensure smooth capital inflow to support the long-term development of the DeFi ecosystem. The plan is as follows: 1. Over five days, USDT will be migrated in phases from the Veda deposit vault to Aave, managing fund utilization and risk. 2. During this period, the vault will offer high XPL incentives. 3. In the few days leading up to the mainnet test version launch, user withdrawals will have a 48-hour cooling period, which will be reduced to 24 hours once the market stabilizes. 4. Depositors withdrawing funds during the stabilization period will forfeit all rewards accrued during that time. The deposit activity will utilize the Veda vault to deploy stablecoins to Aave. During the mainnet test phase, $1 billion USDT will be bridged from the Ethereum mainnet to Plasma, with liquidity introduced gradually. USDT will be provided to Aave from Veda in a controlled sequence to maintain the health of the DeFi ecosystem. Supply caps will be adjusted in coordination with risk managers, and a portion of liquidity will be reserved to match borrowing demand. Depositors will also receive additional XPL rewards. Previously, it was reported that last week Plasma announced its stablecoin blockchain would enter the 'mainnet test phase' on September 25.
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