Plasma

Overview

Veda is a vault provider for Plasma, the purpose-built Layer-1 focused exclusively on stablecoin payments. It’s designed for zero-fee, high-throughput transfers, is EVM-compatible, and relies on Bitcoin security.

Veda has created a pre-deposit vault on Ethereum mainnet to collect stablecoin liquidity, and it will bridge the capital to Plasma when the network’s mainnet beta goes live. In the meantime, capital was deployed to Aave to earn lending yield.

Product Name	Ticker	Address
Pre-Deposit Vault	PlasmaUSD	0xd1074E0AE85610dDBA0147e29eBe0D8E5873a000