Token metrics update

Prosper
Prosper
Published in
2 min readJan 1, 2021

Dear followers; We know that you were waiting for so long. We’ve listened to our community and significantly improved our token metrics. You can find the full list of updates below.

Jumping ahead, we received significant support from new DeFi angels who will help us market the product and the community much faster and easier! Thus, we do not need the same resources we required before, thanks to the new treasury model we have been working on. Anyway, let’s jump to the changes which significantly reduce PROS market cap.

General information :

Token ticker: PROS
Total supply: 100,000,000 PROS
Initial circulating supply (on day 1): 3,495,300 PROS + Liquidity tokens (Reduced from 11 525 000)
Price of the last round: $0,1
Initial market cap on listing (on day 1): $349,530 (Reduced from $1 152 500)

Changes in fundraising and lock-ups

Seed :

Total raised: $200,000
Price per PROS: $0,05
Released on listing: 15% (600,000 PROS)
Vesting schedule: 9,44% per month

Strategic :

Total raised: $400,000
Price per PROS: $0,07
Released on listing: 20% (1,142,800 PROS)
Vesting schedule: 12% over 6 months, last month — 8%

Private :

Total raised: $300,000
Price per PROS: $0,1
Released on listing: 33% (990,000 PROS, Reduced from 50%)
Vesting schedule: 10% over 6 months, last month — 7%

Public presale :

Total raised: $50,000
Price per PROS: $0,1
Released on listing: 50% (250,000 PROS)
Vesting schedule: 20% per month, last month — 10%

Total amount of tokens to be released from private funding rounds on day 1 of listing: 2,982,800 PROS

Other releases :

In general, lock ups and allocation for other parts of the tokens (Including team, reserves, staking, etc) will remain the same.

Marketing :

Total tokens allocated: 10,250,000 PROS
Tokens released on day 1: 512,500 PROS

Reserves :

The reserve tokens will be used to provide liquidity for centralized and decentralized exchanges.

Total tokens allocated: 8,000,000 PROS
Tokens released on day 1: 800,000 PROS

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Prosper
Prosper

Short-term non-custodial prediction and hedging platform based on Binance Smart Chain. Start here: https://beta.prosper.so