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Prosper - Bitcoin runs on hash
@prosperfi_xyz
Prosper is bridging institutional-grade Bitcoin mining power on-chain 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
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October Recap
5 November 2024
October was huge for Prosper and $PROS holders. We began the launch of Prosper’s new chapter at the start of the month, and within one month, the team has reached a number of meaningful milestones and seen a lot of positive traction as a result.
Read on for a recap of all things that happened in October!
New App Launch + Reward Campaign
We launched the Prosper V1 web app, together with our first reward campaign, allowing $PROS holders to earn wrapped $BTC rewards in a preview of
October was huge for Prosper and $PROS holders. We began the launch of Prosper’s new chapter at the start of the month, and within one month, the team has reached a number of meaningful milestones and seen a lot of positive traction as a result.
Read on for a recap of all things that happened in October!
New App Launch + Reward Campaign
We launched the Prosper V1 web app, together with our first reward campaign, allowing $PROS holders to earn wrapped $BTC rewards in a preview of
GM, Prosper Community!
Building on last week's momentum—from investor & partnership updates to the launch of our token bridge—here's what to expect this week:
✨ Wrapping up our first reward campaign & distribution details
👀 Details on the next reward campaign
📜 Introduction of and voting on PIP-4
📚 More from the "Prosper 101" educational series
💫 Plus a surprise or two in store...
Building on last week's momentum—from investor & partnership updates to the launch of our token bridge—here's what to expect this week:
✨ Wrapping up our first reward campaign & distribution details
👀 Details on the next reward campaign
📜 Introduction of and voting on PIP-4
📚 More from the "Prosper 101" educational series
💫 Plus a surprise or two in store...
🗳️ VOTING IS NOW LIVE 🗳️
Calling all $PROS holders to vote on the implementation of an estimated rewards calculator in PIP-3.
Head to Snapshot now to cast your vote: https://t.co/JXSIAbaoWh
• Voting starts: 15:00 UTC, 22 Nov 2024
• Voting closes: 15:00 UTC, 25 Nov 2024
Calling all $PROS holders to vote on the implementation of an estimated rewards calculator in PIP-3.
Head to Snapshot now to cast your vote: https://t.co/JXSIAbaoWh
• Voting starts: 15:00 UTC, 22 Nov 2024
• Voting closes: 15:00 UTC, 25 Nov 2024
Our cross-chain token bridge is now LIVE.
Transfer your $PROS seamlessly between Ethereum and BNB Smart Chain (BSC) networks, powered by @LayerZero_Core infrastructure and audited by @SlowMist_Team.
Try it here: https://app.prosper-fi.com/bridge
Transfer your $PROS seamlessly between Ethereum and BNB Smart Chain (BSC) networks, powered by @LayerZero_Core infrastructure and audited by @SlowMist_Team.
Try it here: https://app.prosper-fi.com/bridge
Our first reward campaign for $PROS holders commenced with the launch of our v1 web app on 31 October 2024. Since then, over 1.3M $PROS have been staked thus far.
Over the course of the campaign, we have observed community feedback of users wanting to be able to see estimated rewards, even if they haven’t yet staked (an estimate is currently available for stakers).
As such, we present this simple proposal for community decision on whether or not we dedicate some resources to making a simple calculator available for any user.
Read more about the proposal here: https://t.co/fwkbyKdwKx
p.s. there just might be a bonus again for voters in the next reward campaign…
Over the course of the campaign, we have observed community feedback of users wanting to be able to see estimated rewards, even if they haven’t yet staked (an estimate is currently available for stakers).
As such, we present this simple proposal for community decision on whether or not we dedicate some resources to making a simple calculator available for any user.
Read more about the proposal here: https://t.co/fwkbyKdwKx
p.s. there just might be a bonus again for voters in the next reward campaign…
When everyone's chasing pumps but you're just a chill guy revolutionizing bitcoin
Prosper x Satoshi Protocol
Prosper is thrilled to announce that @Satoshi_BTCFi , the first universal stablecoin protocol backed by Bitcoin, has made a strategic investment in its native project token $PROS.
The investment aims to support Prosper’s vision of tokenizing Bitcoin hashrate and expanding liquidity solutions within the Bitcoin ecosystem.
In addition to the investment, the partnership will explore collaboration in real-world asset (RWA) collateralisation and aims to create seamless access to Bitcoin-based financial products, expanding liquidity farming and yield opportunities for Prosper’s token holders while increasing utility across the ecosystem.
Read more in the full announcement: https://t.co/KFDf57sSN4
Satoshi Protocol is the first Bitcoin Finance Network powered by satUSD, a Bitcoin-backed stablecoin. It enables users to mint satUSD with BTC as collateral across the Bitcoin Mainnet, L1s/L2s. Through these integrations, Satoshi Protocol transforms Bitcoin from a store of value into a versatile, multi-use asset.
Prosper is thrilled to announce that @Satoshi_BTCFi , the first universal stablecoin protocol backed by Bitcoin, has made a strategic investment in its native project token $PROS.
The investment aims to support Prosper’s vision of tokenizing Bitcoin hashrate and expanding liquidity solutions within the Bitcoin ecosystem.
In addition to the investment, the partnership will explore collaboration in real-world asset (RWA) collateralisation and aims to create seamless access to Bitcoin-based financial products, expanding liquidity farming and yield opportunities for Prosper’s token holders while increasing utility across the ecosystem.
Read more in the full announcement: https://t.co/KFDf57sSN4
Satoshi Protocol is the first Bitcoin Finance Network powered by satUSD, a Bitcoin-backed stablecoin. It enables users to mint satUSD with BTC as collateral across the Bitcoin Mainnet, L1s/L2s. Through these integrations, Satoshi Protocol transforms Bitcoin from a store of value into a versatile, multi-use asset.
Prosper x B² Network
Prosper is thrilled to announce a strategic partnership with @BSquaredNetwork , a leading modular Layer-2 solution boasting over US$250M in Total Value Locked (TVL). This collaboration will explore unique yield farming opportunities for Prosper DAO's treasury on the B² Network, leveraging its expertise in nurturing BTC-related assets and in the Bitcoin ecosystem to identify innovative ways to utlize its DAO's treasury holdings for the benefit of $PROS holders. Additionally, both teams will work together to develop new product offerings related to Bitcoin mining hashrate.
This partnership reinforces Prosper's commitment to expanding its ecosystem and bringing more utilities to $PROS tokens.
Read more in the full announcement: https://t.co/YzmgAyvSJR
B² Network is a modular Layer-2 solution that bolsters transaction speed and broadens application diversity without sacrificing security. It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network.
Prosper is thrilled to announce a strategic partnership with @BSquaredNetwork , a leading modular Layer-2 solution boasting over US$250M in Total Value Locked (TVL). This collaboration will explore unique yield farming opportunities for Prosper DAO's treasury on the B² Network, leveraging its expertise in nurturing BTC-related assets and in the Bitcoin ecosystem to identify innovative ways to utlize its DAO's treasury holdings for the benefit of $PROS holders. Additionally, both teams will work together to develop new product offerings related to Bitcoin mining hashrate.
This partnership reinforces Prosper's commitment to expanding its ecosystem and bringing more utilities to $PROS tokens.
Read more in the full announcement: https://t.co/YzmgAyvSJR
B² Network is a modular Layer-2 solution that bolsters transaction speed and broadens application diversity without sacrificing security. It introduces B² Rollup, the first Bitcoin rollup based on verification commitment, and B² Hub, the first Bitcoin Data Availability (DA) layer that achieves finality on the Bitcoin network.
After a huge week for $PROS with the announcement of our partnership with BITMAIN, the first batch of hashrate coming online, new CEX listings, and more, we’re not stopping there.
This week, be on the lookout for:
🌉 Launch of our BSC ↔️ ETH token bridge
🏛️ Intro & voting on the next PIP
🤝 More investor / partnership news
🎤 Upcoming Binance Live – 21 Nov 12:00 UTC, “The Future of Prosper — a new chapter in decentralized Bitcoin mining” (event language: Chinese)
🔎 A hint at what’s coming in Phase 2 in the future
📚 Continuation of our "Prosper 101" educational series
(And maybe more hashrate too)
This week, be on the lookout for:
🌉 Launch of our BSC ↔️ ETH token bridge
🏛️ Intro & voting on the next PIP
🤝 More investor / partnership news
🎤 Upcoming Binance Live – 21 Nov 12:00 UTC, “The Future of Prosper — a new chapter in decentralized Bitcoin mining” (event language: Chinese)
🔎 A hint at what’s coming in Phase 2 in the future
📚 Continuation of our "Prosper 101" educational series
(And maybe more hashrate too)
Our first batch of hashrate is now LIVE on the v1 web app.
250 petahash of Bitcoin mining power has been successfully backfilled and is now up-and-running for the benefit of $PROS holders. A significant milestone for Prosper as we continue building the Bitcoin ecosystem's future.
This is just the beginning—MORE hashrate to be backfilled throughout November as the community rallies behind our vision.
Hashrate will be stablizing in these first few days. We are closely monitoring performance and will make sure operations are smooth and stable before bringing more hashrate online.
250 petahash of Bitcoin mining power has been successfully backfilled and is now up-and-running for the benefit of $PROS holders. A significant milestone for Prosper as we continue building the Bitcoin ecosystem's future.
This is just the beginning—MORE hashrate to be backfilled throughout November as the community rallies behind our vision.
Hashrate will be stablizing in these first few days. We are closely monitoring performance and will make sure operations are smooth and stable before bringing more hashrate online.
🌉 The new $PROS token bridge is almost here. 🌉
With the new bridge, $PROS holders will be able to easily and conveniently transfer tokens between the BNB Smart Chain (BSC) and Ethereum blockchains directly using their self-custodial wallets.
Security and robustness of the bridge is a top priority, which is why we have been working with @SlowMist_Team for smart contract auditing and also making use of proven cross-chain infrastructure from @LayerZero_Core.
Coming next week. Stay tuned for more details.
With the new bridge, $PROS holders will be able to easily and conveniently transfer tokens between the BNB Smart Chain (BSC) and Ethereum blockchains directly using their self-custodial wallets.
Security and robustness of the bridge is a top priority, which is why we have been working with @SlowMist_Team for smart contract auditing and also making use of proven cross-chain infrastructure from @LayerZero_Core.
Coming next week. Stay tuned for more details.
Prosper x BIT Mining
Prosper is excited to announce that @BITMining_BTCM has made an investment into Prosper’s native token $PROS. This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers which reinforces the credibility and viability of Prosper’s new strategic vision.
Read more in the full announcement: https://t.co/AlHAqn3XiV
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem.
Prosper is excited to announce that @BITMining_BTCM has made an investment into Prosper’s native token $PROS. This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers which reinforces the credibility and viability of Prosper’s new strategic vision.
Read more in the full announcement: https://t.co/AlHAqn3XiV
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem.
After a thrilling week for $BTC and exciting updates for Prosper including an enhancement to the web app, new partner announcements, and new campaign activations, we’re continuing to build on $PROS.
This week, keep an eye out for:
⛏️ First batch of hashrate going live
🌐 Announcement of key industry partner
🌉 Update on the upcoming BSC ↔️ ETH token bridge
🤝 More investor news
📚 More from our "Prosper 101" educational series
Big week ahead.
This week, keep an eye out for:
⛏️ First batch of hashrate going live
🌐 Announcement of key industry partner
🌉 Update on the upcoming BSC ↔️ ETH token bridge
🤝 More investor news
📚 More from our "Prosper 101" educational series
Big week ahead.
27 September 2024
Welcome to the next chapter for $PROS.
Where we build a new foundational block in the $1+ trillion Bitcoin ecosystem.
Where we create a decentralized protocol for a community who truly believes in Bitcoin.
Where we bridge institutional-grade mining power on-chain.
Here’s why.
Welcome to the next chapter for $PROS.
Where we build a new foundational block in the $1+ trillion Bitcoin ecosystem.
Where we create a decentralized protocol for a community who truly believes in Bitcoin.
Where we bridge institutional-grade mining power on-chain.
Here’s why.