Plug Wallet Now Supports Cycles Top-Up

Clement Mayer

• 1 min read
Plug Wallet Now Supports Cycles Top-Up

Managing cycles just got a whole lot easier. With the latest Plug Wallet extension release, users can now mint and top up cycles directly from Plug. Whether you need a quick canister refill or a full cycle management system with auto-top-up, it’s all available in your wallet—no extra tools or complex setups needed.

This new feature is part of our broader mission: making the Internet Computer (ICP) more accessible, user-friendly, and efficient.

What Are Cycles, and Why Do They Matter?

On the Internet Computer, cycles are the fuel that powers computation. While other blockchains use gas fees (usually paid in their native tokens like ETH or SOL) for every transaction, ICP takes a different approach. Instead of paying gas for each transaction, developers pay for computation by converting ICP tokens into cycles. These cycles are then consumed by canisters (smart contracts) to cover computational costs.

This model has a key benefit: users don’t pay per-transaction gas fees. Instead, developers and projects handle resource management through cycles, creating a more seamless user experience.

Here’s the big picture:

  • ICP tokens are burned to mint cycles.
  • As more people use the Internet Computer, more cycles are consumed.
  • More cycle consumption means more ICP is burned.

This dynamic means that as the network grows, ICP’s tokenomics naturally become deflationary, potentially reducing overall ICP supply over time.

Cycles Top-Up in Plug: Features at a Glance

With the new cycles top-up feature in Plug Wallet, you can now:

  • Mint cycles directly in your wallet.
  • Top up canisters on the fly for ongoing projects.
  • Set auto-top-up options for smooth, uninterrupted operations.

Plug: The One-Stop Wallet for ICP

By adding cycles management to Plug, we’re simplifying the entire ICP experience. From holding ICP, BTC, ETH, and SOL, to swapping tokens, staking, and now managing cycles—Plug is becoming the all-in-one hub for Web3 on the Internet Computer.

No need for external tools or complicated setups. It’s all in your wallet.

Update your Plug Wallet extension to get started with cycles today.