Blog

The Plasm Network is

Scaling Dapps Platform on Substrate

Plasm Networks achieves:

Stable Currency

Asset-backed decentralized currency without volatility. Stable by design and without borders.

Multi-Collateral Backed

Every aUSD is backed in excess by multiple asset collaterals. Safety mechanisms and incentives are in place to counter volatility, ensure security and resilience.

Influence by Ownership

Acala Network Token holders have the responsibility to govern the network's operation, make a decision on its future, and share earnings.

Plasm Testnet v3

This is the most interesting network.

Testnet v3 DApp owners and users can stake PLM tokens for applications and get a part of network block rewards as same as validators.

Roadmap

2019.10

  • PoC-0 : Launch Plasm Network minimum testnet(Miniplasm)

2019.12

  • PoC-1: Start the Testnet Lockdrop.
  • PoC-2: Implement Operator trading modules.
  • PoC-3: Implement Dapps Rewards modules.
  • Launch Plasm Network Testnet v3.0

2020.02

  • PoC-4: Start the Mainnet Lcodrop.

2020.03

  • Launch Plasm Network Mainnet

2020.04

  • PoC-5: Implement OVM Modules.

2020.05

  • PoC-6: Start the second ETH & BTC Lockdrop.

2020.07

  • PoC-7: Start the third ETH & BTC & DOT Lockdrop.

2020.08

  • PoC-8: Plasm Network becomes a parachain. (Depends on Polkadot)

2020.09

  • PoC-9: Plasm Network migrate to NPoS.

2021

  • Listing!!

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