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Rick
@CryptoRick98
Something new | Ambassador @MapleFinance | prev @MessariCrypto | Crypto Markets/DeFi/Neobanks | NFA
Joined December 2020
991 Following    6.2K Followers
Plasma One is the most hyped neobank launch that is happening this month. What I am curious of is how the @Plasma team incorporates plasma:native into their product. Right now, PlasmaOne uses XPL for cashback, drawing sell pressure to the token. How will they create demand to buy? Two versions I'd love to see: gate the PlasmaOne Platinum tier behind a minimum XPL balance, or charge an annual subscription and route that revenue into programmatic XPL buybacks. Either one ties product cash flow to the token. A neobank backed by Tether can succeed entirely on its own, but if Plasma wants XPL to capture that success, the token can't be a bystander on this launch.
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