Plasma has announced the upcoming launch of its mainnet Beta, which will feature an initial on-chain liquidity stress test. Over a five-day period, the project plans to bridge $1 billion worth of USD₮ from the Ethereum mainnet to Plasma, gradually injecting it into the Aave market to manage utilization and market risk. To stabilize the market, Plasma will implement a 48-hour withdrawal cooling period for the Veda vault, which will be reduced to 24 hours once the market stabilizes. Users who retain their holdings will receive additional XPL rewards, while those who withdraw during this period will forfeit all interest and incentive earnings.
Plasma to Launch Mainnet Beta with $1 Billion Liquidity Stress Test
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