PLIAN Token: The Native Asset Powering Plian’s Multichain Blockchain Ecosystem

2/21/2025, 9:36:57 AM
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Discover the PLIAN token, the native asset of Plian’s scalable multichain blockchain. Powering DeFi, smart contracts, and staking with innovative PDBFT consensus.

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Image source: https://plian.org/

Introduction

Plian is a blockchain project that operates in the decentralized finance (DeFi) and smart contract sector, providing a scalable, EVM-compatible multichain network. The PLIAN token is the native asset that fuels this ecosystem, enabling transactions, governance, staking, and incentivizing network participants. Initially launched on the Base chain, PLIAN token has a market capitalization of $456.42K as of February 20, 2025, with a total supply of 1.39 billion tokens. It is actively traded on the crypto exchange Gate.io, offering liquidity and accessibility to investors and developers alike.

Overview of Plian

Plian is a proof-of-stake native multichain network that supports the Ethereum Virtual Machine (EVM). It utilizes a patented PDBFT (Pipeline Byzantine Fault Tolerance) consensus mechanism, enabling decentralized applications (DApps) to achieve high-speed consensus across multiple chains and dynamic shards. This architecture provides a scalable and efficient foundation for programmable finance, catering to both public and enterprise decentralized finance (DeFi) needs.

Key Features and Technologies

  1. Native EVM Multichain Architecture – Plian’s infrastructure comprises a main chain and multiple anchored parallel subchains. This design supports up to 256 subchains, achieving a throughput of 180,000 transactions per second (TPS) without causing congestion on the main chain. The TPS scales linearly with the addition of subchains, all maintained by a global network of 1,064 nodes.

  2. PDBFT Consensus Mechanism – The PDBFT algorithm reduces communication costs from N² to N compared to traditional Byzantine Fault Tolerance (BFT) algorithms. This enhancement allows the network to support thousands of validator nodes while maintaining efficient consensus across multiple chains. Additionally, it features a dynamic join-and-exit mechanism for validators, ensuring decentralization and security during epoch transitions.

  3. Smart Data and Oracle Mechanism – Plian introduces an innovative oracle mechanism based on knowledge graphs, termed “Smart Data.” This system addresses the limitations of smart contracts by enabling them to access and utilize external data, thereby expanding their applicability beyond on-chain data. This integration facilitates seamless invocation of smart contracts with non-native tokens, such as BTC and ERC-20 tokens.

  4. Developer-Friendly Environment – Plian offers a suite of tools to simplify the deployment and management of smart contracts and DApps. Developers can utilize familiar tools like Truffle and Waffle for testing and deployment. The platform also provides on-chain oracles and mechanisms for programmable liquidity, streamlining integration processes.

Ecosystem Components

  1. DeFi Solutions – Plian simplifies the deployment of DeFi applications, including community-driven swaps like Paiswap, which offer cross-chain compatibility with Ethereum, Bitcoin, and other networks.
  2. PiScan – A Plian-specific blockchain explorer that allows users to browse assets, transactions, and mainnet information, providing statistical on-chain data to the community.
  3. NFT Platform – Plian is developing a multi-chain NFT marketplace that supports trading and offers comprehensive information, facilitating cross-platform interactions.
  4. PlianDAO – A decentralized governance framework that enables community members to participate in decision-making processes, fostering collaboration and ensuring the growth of the DAO treasury.

Patented Technologies

Plian holds several patents that underscore its technological advancements:

  • Data Reduction and Optimization – Methods and devices for blockchain formation consensus that enhance data efficiency.
  • Dynamic Validator Mechanism – Techniques for determining transaction verification nodes, promoting a fair and secure validator election process.
  • PDBFT Consensus – Innovations in achieving consensus within blockchain networks, improving scalability and security.

Developer Resources

For developers interested in building on Plian, the platform provides comprehensive documentation covering various topics:

  • Solidity Smart Contracts – Guides on writing smart contracts using Solidity, including installation of the Solidity compiler and best practices.
  • Plian JavaScript Console – Instructions on using the Plian JavaScript console for interacting with the blockchain, sending transactions, and deploying contracts.
  • Node Setup and Management – Detailed steps for setting up validator nodes, participating in consensus, and managing node operations.

Founders of Plian

Plian was founded by a team of blockchain experts and technologists who sought to create a highly efficient and decentralized multichain ecosystem. While specific individual details remain limited, the project has been backed by a dedicated development team with a background in distributed ledger technologies, cryptographic research, and financial innovation.

Principles and Architecture

Plian is built on a unique Main Chain + Subchain architecture. This design enables it to handle multiple transactions simultaneously without congestion. The Main Chain serves as the core ledger, while Subchains operate independently, allowing for customized smart contract execution and tailored solutions.

The PLIAN token plays a crucial role in this ecosystem by serving as:

  • The primary medium of exchange for transaction fees.
  • A staking asset for securing the network.
  • A governance token for decision-making within PlianDAO.
  • A reward mechanism for validators and active network participants.

Tokenomics of PLIAN Token

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Image source: https://www.gate.io/trade/PLIAN_USDT

The PLIAN token has a total supply of 1.39 billion tokens, designed to support the long-term sustainability and growth of the Plian ecosystem. The tokenomics structure includes:

  • Market Capitalization: $456.42K as of February 20, 2025.
  • Circulating Supply: A portion of the total supply is actively traded and used for transactions, staking, and governance.
  • Staking Rewards: Users can stake PLIAN tokens to secure the network and earn rewards in return.
  • Transaction Fees: The token is used to pay gas fees for executing smart contracts and transactions on the Plian blockchain.
  • Governance: Token holders can participate in decision-making through PlianDAO, influencing protocol upgrades and ecosystem development.
  • Incentive Mechanisms: Validators, developers, and community members are incentivized through PLIAN token distributions to encourage ecosystem participation and network security.

Conclusion

The PLIAN token serves as the backbone of the Plian ecosystem, empowering users, developers, and enterprises to leverage an efficient, scalable, and decentralized blockchain network. With its innovative architecture, cross-chain compatibility, and growing adoption, Plian is positioning itself as a strong competitor in the DeFi and blockchain infrastructure space. As the project continues to expand and hit new milestones, PLIAN token remains a key asset for those looking to participate in the future of decentralized finance and smart contract technology.

Cryptocurrency trading involves significant risk, including the potential loss of capital, market volatility, and regulatory uncertainties—trade responsibly and conduct thorough research before investing.

Author: Adewumi
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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