Plasma Finance

Halal Rating :
Uncomfortable
Contract: 0x054d64b73d3d8a21af3d764efd76bcaa774f3bb2
Last Price $0.00016 Last updated:
Rank 2990
1D Change 0.00 %
Market Cap $19,676
Circulating supply 123,116,295
Maximum supply None
Crypto Overview Rating Justification Member Vote Comments

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Governance
  • Solana Ecosystem
  • Exnetwork Capital Portfolio
  • Polygon Ecosystem
  • Fantom Ecosystem
  • Injective Ecosystem
  • BNB Chain Ecosystem

Project Overview

Plasma Finance (PPAY) was designed as a DeFi aggregation and portfolio management platform aimed at making decentralized finance more accessible to mainstream users. The platform intended to combine various DeFi services including trading, portfolio tracking, and yield farming opportunities in one interface.

Purpose and Utility

The PPAY token was meant to serve as a governance token for the Plasma Finance platform, allowing holders to participate in protocol decisions and receive rewards from platform fees.

Current Status

As of 2024, the project appears to be inactive. The official website is no longer accessible, and there has been minimal development activity on their GitHub repositories. Trading volumes are extremely low, and there is no evidence of current real-world adoption or active use cases.

Token Distribution and Governance

Historical data shows the token had an initial supply of 1,000,000,000 PPAY tokens. However, due to the project's current inactive status, detailed information about current token distribution and governance implementation is not available.

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