Jeeya_Awan

Addressing the Complexities of Web3
For many users, the initial stages of Web3 can be complex: purchasing native tokens, managing transaction fees, and signing every action. Fogo Sessions eliminates these barriers. Designed as blockchain-level infrastructure, it combines account abstraction and payments, providing seamless interaction with zero transaction fees without compromising self-sufficiency and security.
The end result is simple: users only need to sign once to interact seamlessly across different applications.

Core Architecture
Account Abstraction
Fogo Sessions allows users to create and sign intent messages using standard wallets compatible with Solana.
No need to install native FOGO support in your walletProve ownership through signed intentsTemporary validity based on sessionsFlexible and programmable permissions
This model transforms interaction from repetitive approval processes into structured, intent-based execution flows.
Paymasters (Gasless Infrastructure)
Fogo does not require users to hold native tokens to pay transaction fees; instead, it integrates a centralized payment entity.
Pays gas fees on behalf of usersProvides a more convenient registration experience for users who do not use Web3Transaction costs are handled at the infrastructure levelCosts and limits can be adjusted as the network grows
This design allows applications to avoid paying actual gas fees while maintaining on-chain implementation.
User Permissions Based on Permission Scope
A key innovation is precise control. Sessions can be restricted or unlimited.
Restricted sessions include:
A specified list of SPL tokensMaximum spending or interaction limitsClear application permission restrictions
This allows users to safely try new applications without creating separate wallets or fully disclosing their balances.
Built-in User Protection
Security is built directly into the session logic:
Scope Binding ensures the signing process is consistent with the native application.
Helps prevent phishing and cross-site scripting (XSS) attacks.Sessions include expiration timestamps.Renewal is required after expiration.
These security measures balance ease of use with robust wallet protection.
SPL-First Design Philosophy
FOGO sessions only allow interaction with SPL tokens. Native FOGO is used for fundamental underlying functions such as payment managers and infrastructure logic.
This separation ensures:
A more streamlined and economical design.A predictable user experience.Simplified daily interactions.
All visible activities are performed using SPL assets, while the underlying system runs smoothly in the background.
Why It Matters?
Fogo Sessions redefine the registration and interaction process by:
Gas-free transactionsControllable access and durationIntent-based interactionsUnified wallet UI elements across applications
By simplifying complex processes and enhancing security, the "Sign up once, enjoy unlimited" model bridges the gap between the ease of use of Web 2.0 and the power of Web 3.0.
@Fogo Official #fogo $FOGO

FOGO is a high-performance Layer 1 blockchain designed to provide a Web2-level user experience for Web3 applications. Combining sub-second transaction speeds (block creation time approximately 40 milliseconds) with seamless, gas-free interaction, FOGO eliminates traditional barriers that have limited the adoption of decentralized finance. Its perfect blend of superior performance and ease of use makes it a true "lightning chain" for modern DeFi.

Institutional-Grade Performance
FOGO is designed for speed-critical environments such as high-frequency trading and institutional finance.
Block creation time approximately 40 millisecondsTransaction completion time less than 1 secondOptimized for environments with transaction speeds exceeding 100,000 transactions per secondDesigned for derivatives, perpetual contracts, and risk-weighted assets
This performance profile allows DeFi applications to compete directly with centralized exchanges while maintaining transparency and autonomy.
FOGO Sessions: A Unified Signature Revolution
FOGO Sessions is one of FOGO's most transformative innovations. It is a standard that eliminates the hassle of duplicate signatures, simplifying wallet usage.
Users only need to sign once to grant time-limited, scope-specific permissions.It eliminates duplicate wallet pop-ups.It supports application interaction without incurring gas fees.It maintains security through strict authorization standards.
This model simulates a seamless Web 2.0 experience while maintaining decentralization. Users can continuously interact without repeated confirmations, resulting in a smooth and intuitive workflow.
SVM Compatibility and Ecosystem Leverage
FOGO is fully compatible with the Solana Virtual Machine (SVM), enabling seamless migration of existing applications.
It supports the SPL token and the Anchor framework.It supports existing Solana development tools.It simplifies the onboarding process for developers.It maintains the configurability of smart contracts.
Developers gain enhanced user experience tools without compromising existing infrastructure.

FrankenDancer and Physical Layer Innovation
Fogo's transaction verification client is built on its proprietary FrankenDancer architecture, providing a hash-based execution model.
Centralized processing cores for each functionNetwork overflow to reduce overloadReplicaless data flow to minimize latencyPredictable execution, avoiding bottlenecks
This physical layer optimization ensures stable performance in real-world trading environments, not just theoretical performance.
Why Web2 UX Matters?
Complexity, multi-signature, gas fee conflicts, and cumbersome setup, often hinders the widespread adoption of Web 3.0. Fogo addresses these issues by:
Familiar interaction patternsSimplified blockchain mechanismsReduced cognitive burden for usersSeamless setup process
By eliminating unnecessary technical complexity, Fogo allows users to focus on value rather than infrastructure.
Reasoning
Fogo represents a shift in blockchain design from experimental to performance-oriented, user-centric architecture. It combines enterprise-grade speed, SVM compatibility, the Frankendancer architecture, and the innovative Sessions standard, enabling decentralized applications to be as user-friendly and responsive as traditional web platforms without sacrificing security and decentralization.
@Fogo Official #fogo $FOGO

Plasma is a remittance blockchain platform. Transferring US dollars globally requires infrastructure under our complete control. @Plasma is independently building and licensing this infrastructure to ensure smooth settlement, custody, exchange, and payments of stablecoins.
Plasma has acquired an entity licensed as a Virtual Asset Service Provider (VASP) in Italy and established an office in the Netherlands, while also hiring professional compliance personnel, including a compliance officer and an anti-money laundering whistleblower. Subsequently,already applied for a Digital Asset Service Provider (CASP) license under the Anti-Money Laundering and Counter-Terrorism Financing Act (MiCA), which enable us to hold and exchange assets on behalf of users, and prepare to establish an Electronic Financial Institution (EMI) to directly integrate fiat currency transactions into Plasma's stablecoin infrastructure.
Plasma global remittance infrastructure licensing allows to serve a wider range of markets and partners across broader regions. This is how Plasma One operates as a true digital stablecoin bank, and how Plasma fulfills its mission of building stablecoin infrastructure for a new global financial system.

Payment Infrastructure Licensing
The payments industry is highly regulated, and simply leasing access rights is insufficient to operate a global financial network. To facilitate large-scale digital fund transfers for institutions, businesses, merchants, and individuals worldwide, a regulated infrastructure is essential.
Plasma has acquired a licensed Virtual Asset Service Provider (VASP) in Italy. Plasma has applied for a Crypto Asset Service Provider (CASP) license under the Crypto Asset Market Framework (MiCA) and expanded compliant operations in the Netherlands to confidently provide services for priority payment gateways.
The Netherlands is a leading payments hub in Europe, home to many major Payment Service Providers (PSPs) and Merchant Acquiring Companies. Electronic payment platforms connect merchants to global payment systems, enabling businesses to securely accept and process bank cards and other payment methods. Plasma team in the Netherlands lays the necessary foundation for our continued pursuit of an Electronic Money Institution (EMI) license. The EMI license supports numerous leading payment service providers and a wide range of bank card and e-wallet applications, as well as fiat currency integration.
Having a stablecoin infrastructure license eliminates third-party risk, reduces costs, and accelerates product launches. It also provides Plasma One and its card-compatible payment system with scalable infrastructure, bringing us closer to building a stablecoin infrastructure that serves everyone globally.
Why is a license so important for money transfers?
A license is an integral part of the product. These technologies enable our products to store assets securely and segregated, operate compliant transaction systems, issue bank cards, and connect to local monetary systems. Ultimately, this results in a streamlined user registration process, fewer intermediaries, faster settlement speeds, lower fees, stronger consumer protection, and a unified operating standard for partners.
Under the MiCA protocol, CASP licenses support asset storage and trading within a unified framework. EMI licenses support card issuance, stored-value wallets, fiat currency connectivity, and direct access to the local network through partner banks. Plasma compliance center in the Netherlands enables to provide priority access, meet data residency requirements, and offer a clear path for enterprise integration.
In practice, users can join the platform in a trusted environment, use their USD balances for spending and instant settlement, and seamlessly transfer value across borders. Businesses only need to integrate once to benefit from a complete compliance solution and expand their services to more markets within a specified timeframe. These licenses transform distribution into broad coverage, enabling digital USD on the Plasma network to be used anywhere.
Plasma One and the Future
Plasma One is the stablecoin digital banking platform built on the Plasma infrastructure. Plasma One provides a reliable and regulated way for you to access digital USD and use it in your daily life: earn interest savings, use debit cards for spending, make instant remittances, and conduct seamless cross-border payments.
To make Plasma One the most cost-effective and efficient way to use stablecoins, plasma has the infrastructure to support deposits and withdrawals, card issuance, spending systems, and virtual USD accounts. Relying on third-party licenses introduces additional costs, delays, and risks. Only by having and optimizing a complete regulatory infrastructure can a truly digital banking experience for stablecoins be realized.
As Plasma One develops, plasma empower partners and other Plasma platform developers to leverage this infrastructure. This means deeper merchant acceptance and settlement, single-channel cash deposit and withdrawal functionality, programmable payments for employers and the platform, and financial instruments for businesses holding and transferring cash balances on a large scale. Once developers Once builders and companies can use the regulated infrastructure, balances connect cleanly across merchants and corridors. Settlement accelerates across the network, creating durable network effects for dollars on Plasma.
Plasma One is the gateway to digital dollars on Plasma today and the foundation for the products that follow.
Conclusion
#Plasma is assembling the regulated capabilities that matter, wiring them into the corridors where value moves, and turning them into products that people and institutions can trust. As the licensing stack expands and compliance deepens, partners gain a single, dependable standard for custody, exchange, settlement, and spend on Plasma.
Plasma One carries these compliant foundations to merchants and platforms, into payroll and payouts, and across corridors where dollars are most in demand. The result is a stack for global money movement where cost falls, access widens, and dollars flow with the certainty modern economies require.
That is why Plasma is the chain for money.
$XPL

Plasma is a Layer 1 blockchain purpose-built for global payments. It aims to deliver a secure, scalable, and efficient foundation for stablecoin issuance and transactions, enabling seamless cross-border money movement at scale. @Plasma has announced a partnership with Binance Earn to launch its first fully blockchain-based USD yield product on the Binance. This is a significant moment, marking the transition of this stablecoin architecture from early adoption to the world's largest USD exchange, reaching hundreds of millions of users.

The Power of Binance Earn
Binance Earn operates on a platform with over 280 million users and over $30 billion in USD trading volume, making it the world's largest and most liquid digital asset USD trading market. Binance processes billions of dollars in transactions daily through banks, paywalls, traditional cash shops, and other major global payment networks. This partnership with Binance Earn is crucial to realizing our vision of making global financial payments accessible to everyone.
Binance is more than just a crypto platform; it's a financial lifeline for many. People use it to send money to family, pay for basic services, and purchase necessities. For those without access to banks and formal payment systems, Binance is a vital channel for preserving and securely transferring funds. Binance is a leading crypto payments company and one of the world's largest. Plasma's mission is to build a secure and scalable infrastructure for global stablecoins, and Binance is undoubtedly its most important distribution channel.
This event will directly provide USDT yields recorded on the Plasma blockchain on a platform already used by hundreds of millions of users. No new accounts or unfamiliar user interfaces are required. After users subscribe to USD₮ through Binance Earn, their funds will be invested in Plasma's lending infrastructure, audited and designed by professional institutions. The entire process is seamless and has a significant market impact.
Event Details
Project:
Plasma USDT product locked on the Binance Earn platform
Accepted Currency:
USDT
Maximum Subscription Amount per User:
First-come, first-served. Subscription limits and other product terms apply. For more information, please refer to the Binance Plasma USDT Locked Product Subscription page and its announcements.
XPL Rewards:
1% of the total supply (100 million XPL).

Event Time:
8:00 AM Eastern Time, Wednesday, August 20th.
End Time:
Until the $XPL Token Offering (TGE) ends, or the USDT yield product on Binance Earn reaches its maximum deposit limit. XPL rewards will be distributed to participants after the XPL Token Offering (TGE) ends.
After the Event Ends
After the event ends, the USDT yield product on the blockchain continue to be available on Binance Earn. Subscription limits per user are only valid during the event period. All settlements continue to be fully transparent on the Plasma platform.
Making Blockchain Yields Accessible to Everyone
Distribution is the biggest obstacle to the global rollout of blockchain finance. Without as many users and funds as possible, the latest technology is useless. Binance Earn's vast reach is undeniable, and for Plasma, this is undoubtedly an excellent opportunity to bring blockchain yield products to hundreds of millions of users.
By connecting Plasma's blockchain yield products with Binance Earn, this collaboration combines the most trusted environment in the cryptocurrency space with an infrastructure designed for transparency, security, and scalability. Never before has there been a way to unlock the full potential of stablecoins to users worldwide on such a large scale.
Plasma is responsible for building the infrastructure, while Binance Earn is responsible for making it accessible. This collaboration between Plasma and Binance will bring a billion new users to the blockchain network.
#Plasma

Stablecoins are a fundamental and open way to store and transfer US dollars, usable anytime, anywhere. For hundreds of millions of people worldwide, stablecoins have become a necessity.
Exporters in Istanbul's Grand Bazaar visit exchange counters weekly to exchange for US dollars (USDT) so they can hold their profits in a currency they trust. Shop owners in Buenos Aires pay their employees in US dollars (USDT) because the stablecoin system is faster than Argentina's banking system. Commodity traders in Dubai use US dollars (USD₮) for cross-border trade, and workers around the world use stablecoins to send money home.

In any case, the US dollar is a commodity in itself, which is why so many people around the world are in dire need of it.
The challenges stablecoins currently face lie in numerous difficulties in their use. The lack of local applications in many countries forces people to rely on public digital wallets. The exchange process between stablecoins and fiat currencies is complex because distribution often relies on centralized exchanges. Ultimately, existing cryptocurrency interfaces simply cannot meet the demand.
Therefore, @Plasma proudly launch Plasma One, a digital bank and digital card designed specifically for stablecoins, aiming to solve the above problems. It is built on the Plasma Layer-1 blockchain, which is purpose-built for stablecoins and payments.
One app, easily manage your funds
Plasma One aims to enable everyone, wherever they are, to save, spend, and earn USD anytime, anywhere through a single app without restrictions. It sets a new benchmark for global digital banking, tailor-made for stablecoins.
Spending and Earnings
Earn over 10% in earnings by paying directly with your stablecoin balance.
Real Rewards
Earn up to 4% cash back with any Plasma One card, whether physical or virtual.
Global Coverage
Your card can be used at over 150 million merchants in more than 150 countries.
Fee-Free USD Transfers
Send digital USD to individuals and businesses instantly and free through the app.
Quick Registration
Register and complete the registration process to receive your virtual spending card in minutes, no waiting days.
Why Was This Product Built?
There are two main reasons why Plasma One is at the heart of our product development.
First, distribution. Plasma One allows us to deliver software directly to people facing financial exclusion. The core idea behind the product is that most people around the world want free and widespread access to digital dollars, but they face significant barriers. Plasma One enables us to provide a global channel for dollar deposits and withdrawals, offering savings, spending, earning, and remittance functions tailored to local market conditions.
#Plasma focus on the markets with the highest demand for dollars. For example, in cities like Istanbul, Buenos Aires, and Dubai, the ways in which dollars are used are diverse. Plasma company communicate weekly with individuals, merchants, and businesses in these markets. Their observations can be summarized as follows: While blockchain infrastructure offers many benefits to developers through powerful APIs and SDKs, end users still need a product that can be unlocked, trusted, and used to store savings in their daily lives. The Plasma One platform is designed to meet this need.
Plasma's second strong interest in Plasma One stems from their desire to build technology that leverages their own infrastructure. Plasma One is one of our key initiatives to ensure our blockchain payment platform becomes the most user-friendly and reliable platform globally. As plasma's first customer, they can test, scale, and refine their payment platform through a rapid feedback loop. With the development of Plasma One, they can integrate the entire Plasma ecosystem into a single application, consolidating our DeFi ecosystem, trading platform integration, and payment partners into one application, thereby delivering optimal pricing, liquidity, and a unified, seamless user experience.
Over time, these core components they are building will be made available to external teams. Institutions, digital wallets, and payment applications will be able to launch on the Plasma platform, which boasts a mature infrastructure that has been rigorously tested and optimized under real-world pressure. The integration approach to blockchain, tools, and applications enables us to optimize end-to-end performance and provide a reliable infrastructure for other users.
Future Vision
Plasma One is the perfect embodiment of plasma team's global financial vision. It aims to make essential financial services easily accessible to everyone.
Plasma's strategy for achieving this goal is simple: we will build the most efficient infrastructure in the global financial sector, because stablecoins are cheaper, faster, and more reliable than traditional payment methods.
They attracted top global partners by connecting inbound and outbound platforms, foreign exchange providers, card organizations, and banks through a seamless platform. They created a world-class product; the Plasma One app that set a new benchmark for stablecoin-based digital banking in terms of ease of use, coverage, and user experience.
Plasma One's success model is worth learning from because anyone in any country can download the app, earn US dollars, securely and efficiently earn rewards, use the card in stores, and instantly transfer money to friends.
$XPL

Construim un sistem financiar global alimentat de stablecoins. Pentru a susține această viziune, avem nevoie de un strat de credit care transformă depozitele USD₮ în capital previzibil, de calitate de piață.
Parteneriatul nostru cu Aave, combinat cu o calibrare precisă a riscurilor și stimulente țintite, a livrat o rată de împrumut USD₮ scăzută care convertește lichiditatea profundă a depunerilor în capacitate de împrumut de încredere.
Această rată de împrumut durabilă și cu costuri reduse este fundația strategiei noastre on-chain. Ea permite constructorilor și instituțiilor să proiecteze produse de randament și strategii de utilizare care rămân viabile atât în piețele de urs, cât și în cele de taur.

Ceea ce m-a impresionat cel mai mult când am folosit prima dată Dusk nu a fost viteza sau noutatea sa, ci liniștea sa.
Pe @Dusk , când o regulă a fost aplicată pentru prima dată, nimeni nu s-a opus.
Aplicabilitatea unei reguli a fost determinată în întregime de textul său. După aprobarea comitetului, Phoenix a continuat să genereze blocuri. Pe Moonlight, totul era atât de simplu încât nimeni nu a adăugat comentarii sau nu a deschis fișiere. Nu a fost zgomot. A rulat pur și simplu… în tăcere.
A doua oară, cineva a recunoscut regula și s-a relaxat.
A treia oară, nimeni nu a strigat termenii regulii. Ei ar spune: "Este deja aprobată," și ar trece la pasul următor.