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 is well underway!
Over 36M $PROS tokens have already been successfully upgraded to our new omnichain infrastructure (powered by @LayerZero_Core).
Over 36M $PROS tokens have already been successfully upgraded to our new omnichain infrastructure (powered by @LayerZero_Core).
Blockchain forks occur when the fundamental rules of a blockchain are changed, splitting it into two.
Itās a real fork-in-the-road moment where two blockchains share a history but not a future.
Dive into our latest āProsper 101ā below:
Itās a real fork-in-the-road moment where two blockchains share a history but not a future.
Dive into our latest āProsper 101ā below:
The next evolution of $PROS is here as we have upgraded our token contract to integrate the OFT standard from @LayerZero_Core. The upgraded $PROS will be available for bridging both on the Prosper dApp as well as via @StargateFinance.
As we move to an omnichain solution, we're creating more opportunities, more connections, and more potential for our community within the Bitcoin and Web3 ecosystem.
LayerZero powers connectivity across 100+ blockchain networks, with over $50B+ in value transferred. Our integration expands the horizons for $PROS, enabling seamless movement and broader ecosystem reach.
This isn't just a token upgradeāit's the foundation for Prosper's next phase of growth.
As we move to an omnichain solution, we're creating more opportunities, more connections, and more potential for our community within the Bitcoin and Web3 ecosystem.
LayerZero powers connectivity across 100+ blockchain networks, with over $50B+ in value transferred. Our integration expands the horizons for $PROS, enabling seamless movement and broader ecosystem reach.
This isn't just a token upgradeāit's the foundation for Prosper's next phase of growth.
The $PROS token upgrade swap portal is now LIVE on our dApp!
ā¶ļøĀ https://app.prosper-fi.com/token-upgrade
ā¹ļøĀ Rememberāthereās no need to rush! Feel free to take your time to complete the upgrade swap process.
šĀ ICYMI, hereās the detailed guide on the upgrade: https://www.prosper-fi.com/news/token-upgrade-detailed-guide#process-for-swapping
ā¶ļøĀ https://app.prosper-fi.com/token-upgrade
ā¹ļøĀ Rememberāthereās no need to rush! Feel free to take your time to complete the upgrade swap process.
šĀ ICYMI, hereās 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 belowš
Got more questions? Our team is ready to assist in our Telegram community.
Check the guide / FAQs and link to our TG belowš
šĀ ICYMI: Prosper Token Contract Upgrade
ā¢ Following the PIP-4 vote, the $PROS token contract will be upgraded to the LayerZero OFT standard
ā¢ This involves a 1:1 swap to the upgraded $PROS token
ā¢ Migration period: starting 20 Jan - at least early March 2025
šĀ Holding $PROS in a self-custodial wallet?
ā¢ Use the swap portal on the Prosper dApp to swap to the upgraded token
ā¢ Remember to account for gas fees for Ethereum and BNB Smart Chain
š¦Ā Using a centralized exchange?
ā¢ Token migration will happen automatically for holders with @binance @MEXC_Official @gate_io
ā¢ (Expect a temporary deposit / withdrawal suspension)
āļøĀ Currently staking $PROS?
ā¢ Wait until the end of the current staking cycle (27 January)
ā¢ Unstake and unbond your $PROS tokens, then swap them via the Prosper dApp
ā¢ Following the PIP-4 vote, the $PROS token contract will be upgraded to the LayerZero OFT standard
ā¢ This involves a 1:1 swap to the upgraded $PROS token
ā¢ Migration period: starting 20 Jan - at least early March 2025
šĀ Holding $PROS in a self-custodial wallet?
ā¢ Use the swap portal on the Prosper dApp to swap to the upgraded token
ā¢ Remember to account for gas fees for Ethereum and BNB Smart Chain
š¦Ā Using a centralized exchange?
ā¢ Token migration will happen automatically for holders with @binance @MEXC_Official @gate_io
ā¢ (Expect a temporary deposit / withdrawal suspension)
āļøĀ Currently staking $PROS?
ā¢ Wait until the end of the current staking cycle (27 January)
ā¢ 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, thereās nothing you need to doāyour 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, thereās nothing you need to doāyour 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:
šĀ A detailed guide for the $PROS token contract upgrade process is now available: https://t.co/r30D3LeuBs
ā¶ļøĀ 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.
šĀ Be sure to review all available information. If you have any additional questions, weāre available on TG: https://t.co/48uytKNpKU. Weāll also share some additional recaps later this week to make this process as easy as possible for $PROS holders.
ā¶ļøĀ 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.
šĀ Be sure to review all available information. If you have any additional questions, weāre available on TG: https://t.co/48uytKNpKU. Weāll also share some additional recaps later this week to make this process as easy as possible for $PROS holders.
Prosper Playback āŖĀ - 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 aboutā¦
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 aboutā¦
Prosper Playback āŖĀ - 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'sĀ TVLĀ 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'sĀ TVLĀ by bringing more hashrate online and encouraging more community participation and staking.
Prosper Playback āŖĀ - 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 āŖĀ - 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 āŖ - 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 āŖ"
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.
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