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Paul
@pauliepunt
Founder @Plasma 🕊️
Joined March 2014
2.1K Following    18.6K Followers
There have been a number of questions recently around XPL rewards on Plasma One, and we want to address them directly. XPL rewards distributed through Plasma One are not new emissions. XPL used for rewards have been purchased by the Foundation treasury and that will continue for future Plasma One rewards. More broadly, we’re fully committed to building Plasma around XPL and always have been. The development company is majority owned by the Foundation, and the entire team is directly aligned with the long-term success of XPL and nothing else. As Plasma One is currently in beta, these rewards represent a de minimis amount of total spend. As we scale up Plasma One, we are partnering with the best in the space to provide the most sustainable and robust rewards and earn products to our users. We are committed to a single asset framework and to ensuring that the team, investors, and community are aligned around that direction over the long term. As Plasma One wins, so too does XPL. More details on XPL's role across our product strategy is coming soon.
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