Plasma Finance originated from the development of PlasmaPay — a non-custodial desktop and mobile cryptocurrency wallet with global on- and off-ramp capabilities. The company was established in June 2017 by Ilia Maksimenka. Today, PlasmaPay operates as a global payments and transfer platform, accessible in over 160 countries, and offers cryptocurrency and fiat wallets, fiat on/off ramps, and DeFi services and infrastructure for both consumer and commercial applications. Plasma Alliance is the ecosystem that encompasses PlasmaPay, Plasma Finance, and PlasmaDLT — the Plasma Blockchain. Ilia Maksimenka serves as the CEO of both PlasmaPay and Plasma Finance. He holds a Master's degree in Economics from Plekhanov Russian University of Economics and an MBA from McGill University. Prior to founding PlasmaPay, Maksimenka led International Business Development at Coursmos — an open educational platform. His professional background includes roles in corporate finance, stock exchange, and financial technology; he worked as a technical analyst for the government and as a fund manager at a private investment bank. From 2010 to 2016, he founded various startups in the finance and artificial intelligence sectors. Maksimenka has been active in the cryptocurrency space since 2013, focusing on the implementation of financial infrastructures, product development, and business growth.

The vision of the Plasma Finance developers focuses on a singular objective: to make decentralized finance accessible to everyone, thereby granting individuals financial freedom through DeFi. Plasma Finance integrates the most renowned protocols under one platform, offering a toolkit comprehensible for the average user yet sophisticated enough to meet institutional investors' needs. Plasma Finance is committed to creating equal opportunities for both large institutions and individuals. According to the project team, financial services should uphold principles of decentralization, transparency, censorship resistance, and accessibility. The project's long-term aspiration is: “DeFi for the masses.” As a result, the developers aim to demonstrate that utilizing DeFi with Plasma Finance is straightforward, convenient, comprehensible, and, most importantly, secure. The dashboard encompasses all essential DeFi tools: portfolio management; fiat on/off ramp; liquidity pools; dex & swap aggregator; lending & borrowing; cross-chain asset swaps. With the fiat ramps, users can effortlessly purchase tokens using a card or bank account. Additionally, the platform curates some of the best profitability strategies. The team has aggregated all DeFi assets, liquidity pools, and savings deposits, enabling users to quickly compare and select the optimal option. To streamline processes and save time, the dashboard also features auto-calculations of APY and P&L. Furthermore, you can select your ROI from over a hundred cross-chain (Ethereum, Binance, Plasma) liquidity pools available on the platform. Moreover, in June 2021, Plasma Finance introduced SpacePort—an open, democratized IDO launchpad within the PlasmaSwap DEX. Consistent with their mission, projects of any size and configuration now possess equal opportunities to access transparent and fairer crowdfunding mechanisms on DeFi. Plasma Finance also hosts its Launchpad Alliance, providing an overview of prominent IDO platforms such as PAID Ignition, DuckSTARTER, Polkastarter, Poolz, and DAO Maker. In summary, Plasma Finance supports a multitude of features including swap, cross-chain swap, savings account, liquidity pools, market overview, governance, portfolio management, onboarding, borrowing, and launchpad capabilities. As of July 2021, Plasma Finance is compatible with leading protocols like Plasma Swap, Uniswap, Sushiswap, YFI, Balancer, Bancor, and Curve.

PPAY (ERC20) serves as the native utility token within the Plasma Finance ecosystem. It functions as a commission and reward token in PPAY pools and PlasmaSwap. PPAY holders have the ability to participate in governance voting, with each PPAY equating to one vote. This enables them to vote on DeFi projects, protocol updates, and developmental decisions. Additionally, holders can stake their tokens to earn rewards, conduct in-app purchases in PlasmaPay, and trade assets across different blockchains, among other features. The total supply of PPAY is limited to 1,000,000,000 tokens. The distribution is structured as follows: 52.5% is allocated to the community, with this portion locked for liquidity mining; 6.5% is designated for equity holders; 5% is reserved; 5% is allocated to the seed round; 17.5% is distributed between private rounds 1 and 2; 1% is set aside for DEX listing; 10% is reserved for team options; and 2.5% is allocated to the advisory pool. The complete distribution of PPAY was scheduled to conclude by the end of 2022. Plasma Finance provides connectivity to the platform through six different wallets: PlasmaPay Wallet, MetaMask, WalletConnect, Coinbase Wallet, Trust Wallet, and Crypto.com. PPAY tokens can be acquired via two primary methods: Ethereum wallets and swaps. Within Plasma Finance, users have the option to add liquidity to existing pools or establish new ones.

Plasma Finance (PPAY) is a cryptocurrency token developed on the Ethereum blockchain, utilizing the platform's smart contract capabilities. A smart contract is a program that operates on the Ethereum network, enabling the formation of trust relationships, transactions, and agreements between anonymous parties. This ensures that these processes remain transparent, secure, and irreversible, all while allowing for comprehensive tracking. The integrated algorithms facilitate the secure exchange of currency, documents, and the execution of various workflows.

Plasma Finance (PPAY) is available on several cryptocurrency exchanges. It cannot be purchased directly with fiat currency. However, coins can be acquired by first buying Bitcoin through any fiat currency exchange that supports cryptocurrency transactions, and subsequently transferring the Bitcoin to an exchange where the PPAY token is listed. Some of these exchanges include Uniswap (V2), Bittrex, Bithumb Global, PlasmaSwap, Hotbit, Bilaxy, Hoo, 1inch Exchange, and CoinBene. Gain insights into Plasma Finance and earn PPAY tokens. Are you new to cryptocurrencies? You can learn more about entering the market and find instructions on how to buy BTC, PPAY, or any other token by reviewing the available information here.