Prosper - Bitcoin runs on hash
$PROS is tokenizing institutional-grade Bitcoin mining power as omnichain RWA and aiming to fully unlock the potential of the most decentralized cryptocurrency.
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Prosper x BITMAIN
In a momentous development, Prosper has entered into a groundbreaking, long-term agreement with BITMAIN, the world's leading manufacturer of digital currency mining servers.
Under the partnership, BITMAIN and its affiliates will provide hosting services for Prosper's foundation-owned Bitcoin miners, bringing institutional-grade mining execution quality for the benefit of $PROS holders. The first batch of hashrate is expected to come online later today and accessible via Prosper's v1 web app.
Full announcement: https://www.prosper-fi.com/news/prosper-bitmain-partnership
In a momentous development, Prosper has entered into a groundbreaking, long-term agreement with BITMAIN, the world's leading manufacturer of digital currency mining servers.
Under the partnership, BITMAIN and its affiliates will provide hosting services for Prosper's foundation-owned Bitcoin miners, bringing institutional-grade mining execution quality for the benefit of $PROS holders. The first batch of hashrate is expected to come online later today and accessible via Prosper's v1 web app.
Full announcement: https://www.prosper-fi.com/news/prosper-bitmain-partnership
The $PROS token upgrade swap portal is now LIVE on our dApp!
โถ๏ธย https://app.prosper-fi.com/token-upgrade
โน๏ธย Rememberโthereโs no need to rush! Feel free to take your time to complete the upgrade swap process.
๐ย ICYMI, hereโs the detailed guide on the upgrade: https://www.prosper-fi.com/news/token-upgrade-detailed-guide#process-for-swapping
โถ๏ธย https://app.prosper-fi.com/token-upgrade
โน๏ธย Rememberโthereโs no need to rush! Feel free to take your time to complete the upgrade swap process.
๐ย ICYMI, hereโs the detailed guide on the upgrade: https://www.prosper-fi.com/news/token-upgrade-detailed-guide#process-for-swapping
The $PROS token contract upgrade is fast approaching, and we have a comprehensive guide to walk you through the entire process.
Got more questions? Our team is ready to assist in our Telegram community.
Check the guide / FAQs and link to our TG below๐
Got more questions? Our team is ready to assist in our Telegram community.
Check the guide / FAQs and link to our TG below๐
๐ย ICYMI: Prosper Token Contract Upgrade
โข Following the PIP-4 vote, the $PROS token contract will be upgraded to the LayerZero OFT standard
โข This involves a 1:1 swap to the upgraded $PROS token
โข Migration period: starting 20 Jan - at least early March 2025
๐ย Holding $PROS in a self-custodial wallet?
โข Use the swap portal on the Prosper dApp to swap to the upgraded token
โข Remember to account for gas fees for Ethereum and BNB Smart Chain
๐ฆย Using a centralized exchange?
โข Token migration will happen automatically for holders with @binance @MEXC_Official @gate_io
โข (Expect a temporary deposit / withdrawal suspension)
โ๏ธย Currently staking $PROS?
โข Wait until the end of the current staking cycle (27 January)
โข Unstake and unbond your $PROS tokens, then swap them via the Prosper dApp
โข Following the PIP-4 vote, the $PROS token contract will be upgraded to the LayerZero OFT standard
โข This involves a 1:1 swap to the upgraded $PROS token
โข Migration period: starting 20 Jan - at least early March 2025
๐ย Holding $PROS in a self-custodial wallet?
โข Use the swap portal on the Prosper dApp to swap to the upgraded token
โข Remember to account for gas fees for Ethereum and BNB Smart Chain
๐ฆย Using a centralized exchange?
โข Token migration will happen automatically for holders with @binance @MEXC_Official @gate_io
โข (Expect a temporary deposit / withdrawal suspension)
โ๏ธย Currently staking $PROS?
โข Wait until the end of the current staking cycle (27 January)
โข Unstake and unbond your $PROS tokens, then swap them via the Prosper dApp
We are delighted to announce that all three of our major CEX partners - @binance @MEXC_Official @gate_io - will be supporting the upcoming $PROS token contract upgrade.
If you hold $PROS on one of these CEXs, thereโs nothing you need to doโyour exchange will handle the upgrade swap process for you.
For each of these exchanges, deposit / withdrawal for the old $PROS token will be suspended on 20 January 2025 at 03:00 UTC as the exchanges begin the upgrade swap process. Be sure to pay attention to announcements from each respective exchange on when their swap process is complete and when deposit / withdrawal resumes (for the upgraded $PROS token only).
For more information and links to official announcements, please visit our detailed guide for the upgrade process:
If you hold $PROS on one of these CEXs, thereโs nothing you need to doโyour exchange will handle the upgrade swap process for you.
For each of these exchanges, deposit / withdrawal for the old $PROS token will be suspended on 20 January 2025 at 03:00 UTC as the exchanges begin the upgrade swap process. Be sure to pay attention to announcements from each respective exchange on when their swap process is complete and when deposit / withdrawal resumes (for the upgraded $PROS token only).
For more information and links to official announcements, please visit our detailed guide for the upgrade process:
๐ย A detailed guide for the $PROS token contract upgrade process is now available: https://t.co/r30D3LeuBs
โถ๏ธย We expect to launch the token upgrade swap portal on our dApp for self-custodial holders on 20 January, which will be generally aligned with the start of the swap process with our exchange partners.
๐ย Be sure to review all available information. If you have any additional questions, weโre available on TG: https://t.co/48uytKNpKU. Weโll also share some additional recaps later this week to make this process as easy as possible for $PROS holders.
โถ๏ธย We expect to launch the token upgrade swap portal on our dApp for self-custodial holders on 20 January, which will be generally aligned with the start of the swap process with our exchange partners.
๐ย Be sure to review all available information. If you have any additional questions, weโre available on TG: https://t.co/48uytKNpKU. Weโll also share some additional recaps later this week to make this process as easy as possible for $PROS holders.
Prosper Playback โชย - Key Strategic Partnerships
In Q4 2024, we announced some incredible partnerships with some of the biggest names in Bitcoin and Web3.
This includes industry leaders such as @BITMAINtech, @MetalphaPro, @animocabrands, @waterdripfund, @BSquaredNetwork, and more.
In 2025, we'll continue working with existing partners and will have some exciting new partnerships to shout aboutโฆ
In Q4 2024, we announced some incredible partnerships with some of the biggest names in Bitcoin and Web3.
This includes industry leaders such as @BITMAINtech, @MetalphaPro, @animocabrands, @waterdripfund, @BSquaredNetwork, and more.
In 2025, we'll continue working with existing partners and will have some exciting new partnerships to shout aboutโฆ
Prosper Playback โชย - A Toast to TVL
In Q4 2024, millions of dollars worth of live hashrate value and staked $PROS were locked into the protocol, with Prosper poised to become one of the top DeFi protocols on Binance Smart Chain (BSC) by Total Value Locked (TVL).
In 2025, we'll continue to grow Prosper'sย TVLย by bringing more hashrate online and encouraging more community participation and staking.
In Q4 2024, millions of dollars worth of live hashrate value and staked $PROS were locked into the protocol, with Prosper poised to become one of the top DeFi protocols on Binance Smart Chain (BSC) by Total Value Locked (TVL).
In 2025, we'll continue to grow Prosper'sย TVLย by bringing more hashrate online and encouraging more community participation and staking.
Prosper Playback โชย - Welcoming $PROS Hodlers
In Q4 2024, the number of unique wallets holding $PROS on BNB Smart Chain (BSC) grew.
More than 10% of these wallets are currently staking $PROS using the Prosper dApp.
In 2025, we'll look to grow the number of unique wallet addresses by continuing to incentivize $PROS holders.
In Q4 2024, the number of unique wallets holding $PROS on BNB Smart Chain (BSC) grew.
More than 10% of these wallets are currently staking $PROS using the Prosper dApp.
In 2025, we'll look to grow the number of unique wallet addresses by continuing to incentivize $PROS holders.
Prosper Playback โชย - Prosper Runs on Hash
In Q4 2024, we backfilled notable amounts of hashrate and began producing BTC as part of our DAO mining operations.
We also launched $PROS staking via the Prosper dApp, with great success!
In 2025, we'll look to add more hashrate to the protocol by working with our incredible partners @BITMAINtech.
We'll also continue to encourage $PROS holders to participate in the protocol and earn $BTC.
In Q4 2024, we backfilled notable amounts of hashrate and began producing BTC as part of our DAO mining operations.
We also launched $PROS staking via the Prosper dApp, with great success!
In 2025, we'll look to add more hashrate to the protocol by working with our incredible partners @BITMAINtech.
We'll also continue to encourage $PROS holders to participate in the protocol and earn $BTC.
Prosper Playback โช - Growing the Prosper Community
In Q4 2024, we welcomed hundreds of thousands of community members across Telegram and X, and $PROS holders earned hundreds of thousands of dollars worth of rewards across various staking and airdrop campaigns.
In 2025, we'll continue to ramp up our community engagement through AMAs, interviews, and more.
Our community will also help to govern the protocol through additional Prosper Improvement Proposals (PIPs).
Make your mark on the future of Prosper.
In Q4 2024, we welcomed hundreds of thousands of community members across Telegram and X, and $PROS holders earned hundreds of thousands of dollars worth of rewards across various staking and airdrop campaigns.
In 2025, we'll continue to ramp up our community engagement through AMAs, interviews, and more.
Our community will also help to govern the protocol through additional Prosper Improvement Proposals (PIPs).
Make your mark on the future of Prosper.
Introducing "Prosper Playback โช"
In 2024, we laid the foundation. In 2025, we scale.
Over the next few days, we'll share a mini-series looking back at some of our biggest achievements since relaunching in October.
Follow along for new insights into the evolution of Prosper.
In 2024, we laid the foundation. In 2025, we scale.
Over the next few days, we'll share a mini-series looking back at some of our biggest achievements since relaunching in October.
Follow along for new insights into the evolution of Prosper.
๐ชย โซย The $PROS token contract upgrade is coming soon.
Since the passing of PIP-4 last month, weโve been making the necessary preparations for the token contract upgrade. We are endeavoring to make the upgrade process as easy and seamless as possible for $PROS holders. Thereโs nothing you need to do for now. ๐งโโ๏ธ
But just as a heads up, we are currently working towards having the token swap portal live the week of 20 January! At the same time, we are also working with our exchange partners to confirm timing of their support for users holding $PROS on CEXs.
๐ย For the curious, weโve published an overview on the upgrade process here: https://t.co/MfEaROgk7S
๐ย Stay tuned for additional details and FAQs next week.
Since the passing of PIP-4 last month, weโve been making the necessary preparations for the token contract upgrade. We are endeavoring to make the upgrade process as easy and seamless as possible for $PROS holders. Thereโs nothing you need to do for now. ๐งโโ๏ธ
But just as a heads up, we are currently working towards having the token swap portal live the week of 20 January! At the same time, we are also working with our exchange partners to confirm timing of their support for users holding $PROS on CEXs.
๐ย For the curious, weโve published an overview on the upgrade process here: https://t.co/MfEaROgk7S
๐ย Stay tuned for additional details and FAQs next week.
2025 is off to an exciting start as we look to build upon the significant progress we made in just a short few months since Prosperโs relaunch in October.
Here are some of our key focuses for this month:
โจย โณย Reminder that the staking rewards cycle is currently on-goingโbe sure to participate and stake your $PROS to earn wrapped $BTC rewards! Get started at: https://t.co/VztBEWKOqa
๐ชย โซย Token contract upgrade
โข Further details and process for the token upgrade, to be shared with the community as PIP-5
โข Preparations for the upgrade process via our dApp and also with our exchange partners
โข Additional product development to support the upgraded token (e.g., upgrading the native token bridge)
โ๏ธย โกย Hashrate updates
โข Working towards finalizing the backfilled hashrate amount
โข Preparations for Phase 2: Protocol Scaling
๐ฃย ๐คย Partnerships
โข More details on our first TVL partnership (ICYMI: https://t.co/khzFwyF9w1)
โข Info on how $PROS holders will be able to benefit from additional rewards from the TVL partnership
๐ย ๐๏ธย Other items of note
โข Updates on the DAO foundation
โข Growing the Prosper teamโselectively adding new roles to support protocol scaling
โข Ongoing marketing and operational initiatives
Here are some of our key focuses for this month:
โจย โณย Reminder that the staking rewards cycle is currently on-goingโbe sure to participate and stake your $PROS to earn wrapped $BTC rewards! Get started at: https://t.co/VztBEWKOqa
๐ชย โซย Token contract upgrade
โข Further details and process for the token upgrade, to be shared with the community as PIP-5
โข Preparations for the upgrade process via our dApp and also with our exchange partners
โข Additional product development to support the upgraded token (e.g., upgrading the native token bridge)
โ๏ธย โกย Hashrate updates
โข Working towards finalizing the backfilled hashrate amount
โข Preparations for Phase 2: Protocol Scaling
๐ฃย ๐คย Partnerships
โข More details on our first TVL partnership (ICYMI: https://t.co/khzFwyF9w1)
โข Info on how $PROS holders will be able to benefit from additional rewards from the TVL partnership
๐ย ๐๏ธย Other items of note
โข Updates on the DAO foundation
โข Growing the Prosper teamโselectively adding new roles to support protocol scaling
โข Ongoing marketing and operational initiatives
It's well-known that Bitcoin transactions are pseudonymous, not anonymous.
In fact, Bitcoin is arguably the world's most transparent payment network.
As part of our "Prosper 101" series, we explore the privacy of the Bitcoin blockchain:
In fact, Bitcoin is arguably the world's most transparent payment network.
As part of our "Prosper 101" series, we explore the privacy of the Bitcoin blockchain:
๐ย Good news, Prosper communityโyour wrapped $BTC rewards can now be claimed on the web app with the conclusion of our second $PROS reward cycle! And as a Christmas ๐ย surprise, itโll be a little bit more than originally estimated!
๐ย And even more good news, weโre going straight into the next reward cycle to celebrate the imminent arrival of the new year! This means that you can simply keep your $PROS staked to continue to participate in this next cycle (i.e., no need to unstake and restake), which will conclude on 27 January.
And if you didnโt participate in this last cycle, nowโs your chance to join in the action of the next round to earn wrapped $BTC rewards! Get started here:
๐ย And even more good news, weโre going straight into the next reward cycle to celebrate the imminent arrival of the new year! This means that you can simply keep your $PROS staked to continue to participate in this next cycle (i.e., no need to unstake and restake), which will conclude on 27 January.
And if you didnโt participate in this last cycle, nowโs your chance to join in the action of the next round to earn wrapped $BTC rewards! Get started here:
2024 has been an explosive year for Bitcoin, both in terms of adoption and price.
On December 17th, Bitcoin broke another new all-time high of $108,135.
With that in mind, as part of our โProsper 101โ educational series, we wanted to close out the year by taking a look back at Bitcoin's historic price movements since its creation in 2009:
On December 17th, Bitcoin broke another new all-time high of $108,135.
With that in mind, as part of our โProsper 101โ educational series, we wanted to close out the year by taking a look back at Bitcoin's historic price movements since its creation in 2009: