Prosper (PROS) price, marketcap, chart, and fundamentals info Details about PROS virtual currency

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Prosper (PROS) price, marketcap, chart, and fundamentals info

Prosper (PROS) is a short-term non-custodial hedging and prediction platform, built on Ethereum and Binance Smart Chain.

Prosper and the project's products

Prediction Pools

Prosper consists of pools, which are the only prediction markets. Each pool consists of two sides: pull and bear. In addition to the "internal" pool, the user can also create a custom prediction pool, requiring hold of PROS tokens. Pool owners can set custom fees and profits from the pool.

Liquidity Program

Prosper will use the liquidity from the liquidity providers (LP) for the seed pools. For pools where bets are not proportionally matched, the LP offers money in return for a portion of the platform fee in the PROS token.

Overview of binary prediction technique at Prosper

I will cover Prosper's integration with Chainlink, various approaches to final price determination, and reach out to a common vision of upcoming on-chain liquidity aggregation and cross-chain support.

Chainlink price feed

Prosper uses the Chainlink price feed to determine the final price. Decentralized price feed allows to avoid market manipulation and ensures a high level of security for user funds.

Prosper used a Chainlink price feed at Binance Smart Chain and Ethereum Kovan test network. Chainlink only provides a feed for the BNB / USD pairs. However, more pairs will be added in the future.

Valuation

As far as is known, you cannot use the exact time to determine the price, because blockchain works with "blocks" as an indicator of time. Average block time in BSC is about 3 seconds:

The Prosper back end has a recurring task, which automatically launches every 10 seconds and checks the number of new blocks on the BSC. If any prediction pool has ended in the checked block range, it will call the Trigger method in the smart contract prosper and wait until the trigger will get it back with the last price from the feed contract. Chainlink data.

As soon as the Prosper contract receives the Trigger, it will set the Final Price for the prediction pools to end. If the Trigger method did not get the price feed, it will repeat that action until it receives the answer from the Chainlink feed contract.

On-chain liquidity aggregation

On-chain liquidity aggregation is still in its early stages.

Currently, Prosper supports Ethereum and BSC. However, the integrations Matic and Avalanche has been and is on the rise. The project also plans to add xDai in the near future.

What is PROS Token?

PROS is the platform's native unility token and has a variety of use cases.

Basic information about PROS copper

Ticker PROS
Blockchain BSC
Token Standard Unility
Token type BEP-20
Total Supply 100.000.000 PROS
Circulation supply 4.420.085 PROS

PROS copper allocation

  • Seed round: 4% (4,000,000 PROS)
  • Strategic round: 5% (5,000,000 PROS)
  • Private round: 3% (3,000,000 PROS)
  • Pre-sale round: 0,625% (625,000 PROS)
  • Public round: 7% (7,000,000 PROS)
  • Staking rewards: 30% (30,000,000 PROS)
  • Marketing: 10% (10,000,000 PROS)
  • Ecosystem: 12% (12,000,000 PROS)
  • Reserves: 10% (10,000,000 PROS)
  • Community: 5% (5,000,000 PROS)
  • Team and advisors: 13,375% (13,375,000 PROS)

allocate pros token

Token issuance schedule

  • Seed round: 10% on listing (400,000 PROS), after 10% per month.
  • Strategic round: 20% on listing (1,000,000 PROS), after 12% per month, last mont 20%.
  • Private round: 50% on listing (1,500,000 PROS), after 6,25% per month.
  • Pre-sale round: no lock up.
  • Public round: no lock up.
  • Staking rewards: Still lock until binary liquidity program an on-chain aggregation launch.
  • Marketing: 6 months lock-up, after 25% every 3rd month.
  • Ecosystem: 10% on listing, 3 months lock-up, after 10% per month.
  • Reserves: lock for emergencies, when unlocked will notify the community.
  • Community: 6 months vesting period, after 10% per month.
  • Team and advisors: 1 year lock-up, 1 year linear vesting period.

PROS Token Sale

Seed round

  • Price: $ 0,05 per PROS
  • Raised: $ 200,000
  • Lock ups: 10% on listing (400,000 PROS), after 10% per month

Strategic round

  • Price: $ 0,08 per PROS
  • Raised: $ 400,000
  • Lock ups: 20% on listing (1,000,000 PROS), after 12% per month, last month 20%

Private round

  • Price: $ 0,1 per PROS
  • Raised: $ 300,000
  • Lock ups: 50% on listing (1,500,000 PROS), after - 6,25% per month

Pre-sale round

  • Price: $ 0,08 per PROS
  • Fundraising target: 50,000 $
  • Lock ups: no lock up

Public round

  • Price: $ 0,1 per PROS
  • Fundraising target: 700,000 $
  • Lock ups: no lock up

What are PROS tokens used for?

  • Governance: All foundation fees will contribute to Prosper's Smart Treasury. Participants in DAO administration will receive a portion of the Smart Treasury monthly.
  • Custom pools: The user will be able to create custom prediction pools. To create a custom pool, a user needs to keep a certain amount of PROS tokens in their wallet. Pool owners can adjust parameters such as pool fee rate and timeframe.
  • Insurance system: 15% of the total lost bet amount will be redistributed to eligible losing participants. Each pool has its own insurance fund that is calculated and allocated immediately upon pool settlement. User must hold PROS in order to join the program. If the bet loses, the PROS holder will be locked for 14 days.
  • Platform fees: Users will be 50% discount by payment in PROS. The foundation fee received in PROS is then burned.

Which floor is PROS traded?

Currently you can sign up for an account and buy PROS above Binance Or you can buy on Uniswap.

Where to store PROS coin?

It is easy to find a suitable wallet for example: TrustwalletLedger Nano XMyEtherWalletDappradar, Coin98 Wallet, ... Or you can store it directly on an exchange, where you bought that token. Remember to turn on full security.

Roadmap

prosper roadmap q1

prosper roadmap q2 q3

prosper roadmap q4

Prosper's potential assessment (PROS)

Prosper Team

prosper team

Backer & partner

backer partner prosper

Token Performance

At the time of writing, the price of 1 PROS is 3.7 $, compared to the sale round, the current ROI is as follows:

  • Seed round: x74
  • Strategic round: x46.25
  • Private round: x37
  • Pre-sale round: x46.25
  • public round: x37

An admirable increase is that, according to Coingecko data, the PROS coin is only available on a major CEX exchange like Binance. Whether coming could be Huobi, MXC. Stay tuned in this article.

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