website

twitter

Blockchains (L1)

Plasma

# Plasma Token incentives Methodology

## 1. Overview

Token incentives represent rewards distributed to token holders, typically through staking or other participation mechanisms. For Plasma, this metric is currently set to zero as the protocol's external staking system has not yet launched. While Plasma is designed with 5% annual inflation for validator staking rewards, these rewards only activate when external validators and stake delegation go live. Currently, only 2 internal validators operate the network with no publicly available staking data.

## 2. Data sources

The methodology leverages the same data infrastructure as fee calculations but applies zero values:
- **Plasma blockchain data**: Transaction records and block data from the Plasma network
- **Token metadata**: Information about the XPL token (Plasma's native token)
- **End-of-day price feeds**: Token pricing data for potential USD conversions
- **Chain availability data**: Information about when Plasma chain data is considered valid and complete

## 3. Step-by-step calculation

### Component A: Base structure inheritance
- **Purpose**: Establish the complete time series structure and metadata framework
- **Logic**: The calculation inherits its temporal and structural foundation from the Plasma fees metric calculation, which processes daily transaction and block data from the Plasma blockchain. This ensures consistent timestamps, granularity, and chain identification across all Plasma metrics
- **Key fields**: `timestamp` (daily boundaries), `timestamp_grain` (set to day), `product_id`, `chain_id` (set to plasma)

### Component B: Zero value assignment  
- **Purpose**: Set token incentive amounts to zero with clear business justification
- **Logic**: Rather than calculating actual token incentive distributions, all `token_incentives` values are explicitly set to 0. This reflects the current state where Plasma's inflation mechanism exists in the protocol design but remains inactive until external staking launches
- **Key fields**: `token_incentives` (hardcoded to 0 for all records)

### Final aggregation
- **Combining components**: The base structural data is combined with the zero token incentive values to create complete daily records
- **Currency conversion**: No currency conversion is performed since all values are zero, though the infrastructure supports USD conversion when actual incentive data becomes available
- **Time aggregation**: Daily time boundaries are maintained consistent with other Token Terminal metrics, ensuring no gaps in the time series
- **Final calculation**: The final metric value is 0 for all time periods, representing the absence of active token incentive programs. The `finalize_metric_token_incentives` macro applies standard validation, gap-filling with zeros, and schema formatting to ensure consistency with Token Terminal's metric standards

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

PlasmaXPL

Token incentives

Token incentives

Competitive landscape