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Plasma Airdrop Guide – Tether and Bitfinex-Backed Layer-1 Stablecoin Blockchain

Plasma is redefining how stablecoins move across the blockchain world. Built as a high-performance Layer-1 network directly supported by Tether and Bitfinex, Plasma bridges the stability of Bitcoin with the efficiency of modern payment systems. It operates as a Bitcoin sidechain, using Bitcoin as its settlement layer to ensure unmatched security while processing transactions at lightning speed and minimal cost. With $77.5 million in funding and growing momentum from two of crypto’s biggest powerhouses, Plasma is positioning itself as the next-generation infrastructure for global USDT payments.

Part 1: Plasma Overview

Although there has been no official confirmation of an airdrop, the project has launched its testnet phase, encouraging early adopters to explore the ecosystem, test network functions, and engage with the community ahead of the mainnet release. Early participation not only builds familiarity with Plasma’s technology but may also place users in a strategic position if future reward programs are introduced.

Part 2: How to join the Plasma Airdrop?

2.1. Participating in Plasma Testnet

Step 1: Add Plasma Testnet Network to Your Wallet

  • Navigate to Plasma Scan and connect your MetaMask or EVM-compatible wallet
  • Confirm adding the testnet network to your wallet
Add Plasma Network to Wallet. Source: block24.ai

Step 2: Claim XPL Testnet Tokens (Faucet)

  • Use Gas.zip: requires a minimum of 0.03 ETH on Ethereum Mainnet and at least 3 completed transactions
Gas.zip faucet conditions. Source: block24.ai

  • Alternatively, use Quicknode: requires a minimum of 0.001 ETH on Ethereum Mainnet
Quicknode Faucet Conditions. Source: block24.ai

Step 3: Execute Transactions on Testnet

  • Transfer XPL tokens between wallets to create transaction history
Send XPL to another wallet. Source: block24.ai

  • Verify completed transactions on Plasma Scan
Check on explorer. Source: block24.ai

2.2. Complete Galxe Campaign Tasks

  • Access Plasma’s official campaign page on the Galxe platform
  • Complete required tasks: like posts, retweet content, join Discord server
  • Claim points after completing each task
Do quests on Galxe. Source: block24.ai

Important Note: Participants must possess Humanity Score level 2 or higher, or hold Galxe Passport V2 to be eligible for these campaigns.

2.3. Discord Community Engagement

  • Join Plasma’s official Discord server
Visit Discord Plasma. Source: block24.ai

  • Actively participate in the community to potentially earn special roles:
    • SC Contributor: Create quality memes and articles about the project
    • Plasma OG: Assist new members and engage in regular discussions
Be active to get the role. Source: block24.ai

2.4. XPL Token Presale (Optional)

For users who have previously deposited into Plasma Vault, participation in the XPL token presale is available through the Echo platform:

  • Connect your wallet to Plasma’s homepage and select “Connect with Sonar”
Access Plasma and connect wallet. Source: block24.ai

  • Create an Echo account using your email
  • Complete the identity verification (KYC) process – takes approximately 2-3 days
Click Manage on Sonar. Source: block24.ai

  • Use stablecoins (USDT, USDC, USDS, or DAI) on the Ethereum network to purchase XPL
Buy XPL with stablecoins. Source: block24.ai

Eligibility Requirements

  • Wallet Type: EVM-compatible wallets (MetaMask, Rabby, Coinbase Wallet, etc.)
  • KYC: Only required for token presale participants
  • Costs: Testnet participation is free, only gas fees required when bridging ETH for faucet access
  • Reward Token: XPL (10 billion total supply)

Token Allocation:

  • Public Sale: 10%
  • Ecosystem & Growth: 40%
  • Team: 25%
  • Investors: 25%

Best Practices for Participation

  • Maintain consistent activity rather than spamming transactions within short timeframes
  • Hold at least 0.01-0.03 ETH in your wallet on Ethereum Mainnet
  • Monitor official channels (Twitter, Discord) for updates and new information
  • Exercise caution with links, only access through official sources
  • Avoid using bots or automated transaction tools
  • Engage authentically with the community and ecosystem

Part 3: Conclusion

Plasma is emerging as one of the most ambitious projects in the blockchain payment space, combining Bitcoin’s security with the speed and scalability needed for real-world stablecoin transactions. With 77.5 million dollars in funding and direct backing from Tether and Bitfinex, the project is shaping the foundation for a global infrastructure built around USDT and stable digital assets.

The current testnet phase is a valuable opportunity for users to explore, test, and engage early with the ecosystem. It allows participants to understand how Plasma’s network functions before the mainnet launch and to build an authentic presence within the community. While there is still no official confirmation of an airdrop, early and consistent participation could prove meaningful as the network grows.

Plasma’s vision extends beyond speculation, it’s about constructing a new payment backbone for the digital economy. For users ready to experience innovation at the intersection of stability and scalability, Plasma offers a front-row seat to the next evolution of blockchain-based finance.

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Disclaimer: The content published on Cryptothreads does not constitute financial, investment, legal, or tax advice. We are not financial advisors, and any opinions, analysis, or recommendations provided are purely informational. Cryptocurrency markets are highly volatile, and investing in digital assets carries substantial risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. Cryptothreads is not liable for any financial losses or damages resulting from actions taken based on our content.

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