Prosper PROS/ETH - Cheap BUY! LP Staking starts tomorrow!!!
Updated
About Prosper
prosper.so
World's first prediction market with the on-chain liquidity aggregation.
Working Product - Currently only 4.5 million tokens in circulation 100 million in total
Partnerships with Binance Smart Chain, Chainlink, Polygon, Avalanche, Polkadot, Tron
Currently in Beta and running prediction mining event on the Binance Smart Chain at beta.prosper.so
LP Staking starting tomorrow April 8th, 2021 - Info here medium.com/prosper/introducing-prospers-second-staking-option-d09d5a8d4ab9
Very little marketing / promoting up to now so very much under the radar
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PROSPER'S LP staking program
From April 8th, 2021, 410,400 PPROS tokens will be rewarded, in addition to the current staking mining campaign of 291,600 PPROS tokens.
To elaborate, approximately $2,000,000 USD worth of PPROS tokens will be distributed via liquidity pools.
The rewards will be distributed on an hourly basis with a 7 days vesting period from the claim action.
The process will happen on our own platform,
Staking happens on the PROS/USDC pair,
Stakers will need ETH in order to pay the gas fees.
Total reward pool: 410,400 PPROS
Daily reward pool: 9,120 PPROS
Hourly reward pool: 380 PPROS
During the LP staking program, the user may choose the lockup duration, which will reflect on his reward ratio. The lock-up period starts from the moment of staking.
OPTION 1 14 days lock up: x0,75 reward return ratio;
OPTION 2 30 days lock up: x1 reward return ratio;
OPTION 3 45 days lock up: flexible return ratio;
Note
Staking has been delayed temporarily. Team will announce update soon on their telegram t.me/prosperan
Note
Linear vesting starts tomorrow April 14th;Seed round: 9 months of linear vesting, starting from April 14th;
Strategic round: 6 months of linear vesting, starting from April 14th;
Private round: 8 months of linear vesting, starting from April 14th;
Presale round: 3 months of linear vesting, starting from April 14th;
Note
Due to additional development both vesting and staking have been delayed.Circulation supply stays the same for now at 4.5 million . Total supply is 100 million.
Remember vesting will be linear, so supply will increase gradually over a 9 month period ensuring price is protected from large P&Ds.
Stay tuned for further announcements on telegram t.me/prosperan
Note
LP Staking tomorrow -16th April 6:00 PM UTCThe staking will consist in farming of PROS/USDC UNISWAP LP tokens and will take place on the Prosper website. The site will go live at 6 pm UTC to allow staking of the LP tokens.
You will find all the required details and step by step guide to stake and earn pros in the following Medium post
medium.com/prosper/prosper-launches-its-2nd-staking-campaign-lp-farming-ee6d7abbc68c
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