[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  olimpio [@OlimpioCrypto](/creator/twitter/OlimpioCrypto) on x 204K followers Created: 2025-07-26 13:22:10 UTC With X days to go, @PlasmaFDN is already oversubscribed by +6x Some stats: • They are selling $50M worth of XPL @ $XXXX • At a valuation of 500M • 1B XPL sold • $41.8M/$50M has already been purchased (84%) • $8.2M remains unpurchased, for people who overcommit • There's $50M in overcommitments trying to get that $8.2M share • Total raised: 92M imo +95% of XPL will be purchased, but that won't stop overcommitments since it's basically free, mind the opp cost to deploy/unwind size. You can commit until the 28th, and the Plasma team will refund unused overcommitted funds within 2-3 days max. They've received so far: XXXXXXXXXX USDC XXXXXXXXXX USDT XXXXXXXXXX USDS XXXXXXXXX DAI Only around 3000 addresses managed to get in. There was a XX min window on the last cap increase, so plenty of time for people who missed the first two. They are treating USDC/USDT/USDS/DAI as if they’re all worth exactly $X. Because of that, the best alternative was to send USDC (which can trade slightly below $1, $XXXXX on some exchanges) since they are crediting deposits at a 1:1 rate in USDT at launch. A small arbitrage on top of the Aave yield our deposits are already getting. Can't confirm myself, but I've seen people saying the word "Trillions" ⚡️  XXXXXX engagements  **Related Topics** [imo](/topic/imo) [$82m](/topic/$82m) [$418m](/topic/$418m) [$50m](/topic/$50m) [Post Link](https://x.com/OlimpioCrypto/status/1949097916083105915)
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olimpio @OlimpioCrypto on x 204K followers
Created: 2025-07-26 13:22:10 UTC
With X days to go, @PlasmaFDN is already oversubscribed by +6x
Some stats:
• They are selling $50M worth of XPL @ $XXXX • At a valuation of 500M • 1B XPL sold • $41.8M/$50M has already been purchased (84%) • $8.2M remains unpurchased, for people who overcommit • There's $50M in overcommitments trying to get that $8.2M share • Total raised: 92M
imo +95% of XPL will be purchased, but that won't stop overcommitments since it's basically free, mind the opp cost to deploy/unwind size.
You can commit until the 28th, and the Plasma team will refund unused overcommitted funds within 2-3 days max.
They've received so far:
XXXXXXXXXX USDC XXXXXXXXXX USDT XXXXXXXXXX USDS XXXXXXXXX DAI
Only around 3000 addresses managed to get in. There was a XX min window on the last cap increase, so plenty of time for people who missed the first two.
They are treating USDC/USDT/USDS/DAI as if they’re all worth exactly $X.
Because of that, the best alternative was to send USDC (which can trade slightly below $1, $XXXXX on some exchanges) since they are crediting deposits at a 1:1 rate in USDT at launch. A small arbitrage on top of the Aave yield our deposits are already getting.
Can't confirm myself, but I've seen people saying the word "Trillions"
⚡️
XXXXXX engagements
