We both acknowledge and apologize for the lack of recent updates.
Since the delisting from Binance (which we believe to have been unjustified—and which we have tried to better understand but without success) and the turbulent market activity both for PROS specifically and more broadly on a macro level, we have been engaging in a series of strategic discussions and reevaluations with our launch partners, strategic investors, and other stakeholders.
These debates and discussions are very much still ongoing, which is part of the reason why we haven’t been able to provide any meaningful news thus far.
We know that you are hungry for concrete updates—so are we—and we are continuing to work towards the best path forward for Prosper and its community.
Here’s a summary of the latest:
• April staking rewards have now been distributed and are claimable
• Our overall strategy and path forward is being reevaluated given recent events, and productive conversations are ongoing to determine the best go-forward approach
• Our BTC treasury playbook is one of the strategic components that’s under reevaluation—while the discussions are still taking place, we will hold off contributing a portion of the net BTC production to the DAO treasury
At this time, we unfortunately do not have a specific timeline for when the next steps and roadmap will be 100% confirmed. We are making every effort to have clarity for everyone ASAP.
In the meantime, we thoroughly appreciate your patience, support, and continued participation in the protocol. ⛏️⛏️⛏️
More information about the April staking cycle below 👇
As discussed in PIP-6, we are introducing the first recurring Prosper Improvement Proposal (rPIP), which puts the decision of the type of wrapped $BTC to be provided as rewards for the April staking cycle in the hands of the community.
As our community grows across chains, so does our total reward distribution.
Your share is determined by your stake size and duration (even if it’s across multiple chains), with every new staker strengthening the ecosystem for all.
With the passing of PIP-5 last week, we are now executing on the proposal and moving towards wrapping up the token contract upgrade process and having a cleaned-up, unified token supply.
Read on for details on the key steps for this week👇
📰 @saylor & @Strategy recently added 20,356 Bitcoin valued at nearly $2B at time of acquisition to their treasury, bringing their total holdings to 499,096 $BTC—over 2.3% of Bitcoin's entire capped supply.
While others debate Bitcoin's future, major institutions are aggressively accumulating and demonstrating unprecedented conviction.
This is why Prosper is focused on building the largest RWA protocol for Bitcoin hashrate and treasury, backed by real mining infrastructure.