Prosper (PROS) Tokenomics

Prosper is a decentralized protocol designed to bridge institutional-grade Bitcoin mining power on-chain. By tokenizing Bitcoin hashrate as omnichain real-world assets (RWA), the protocol allows community members to participate in and govern mining operations through its native token, PROS. The protocol's economic model is built around a "flywheel" strategy intended to produce Bitcoin, reward active community participation, and accrue value to a foundation treasury to increase protocol resilience.

Issuance and Allocation Mechanism

The PROS token serves as the core utility and governance instrument for the Prosper ecosystem. While specific long-term emission schedules are finalized as the protocol progresses toward full launch, the primary issuance and allocation are managed by the Prosper Token Foundation.

The foundation's key functions include:

• Hashrate Ownership: The foundation owns the underlying mining hardware, acquired through direct purchases or contributions from mining partners.
• Strategic Acquisitions: Prosper has significantly expanded its capacity, such as the acquisition of over 7,000 ASIC miners from BITMAIN.
• Hashrate-per-Token Model: The protocol operates on a model where each token represents an increasing share of mining power over time. The mid-term goal for the protocol includes reaching a capacity of 5 EH/s.

Usage and Incentive Mechanism

The PROS token is designed with multiple utilities to incentivize network growth and reward holders.

Locking and Unlocking Mechanisms

Prosper utilizes locking mechanisms to align the interests of the community with the long-term health of the protocol.

• DAO Delegation: Launch partners have delegated more than 200 BTC to the DAO to unlock Total Value Locked (TVL) opportunities and support ecosystem benefits.
• Staking Requirements: Participation in specific ecosystem events, such as the Bybit Web3 Airdrop Arcade, involves locking tokens through staking.
• Token Upgrade: The protocol has undergone a token contract upgrade to redesign mechanisms and utilities around the PROS token. This process includes specific guides for holders to transition their assets to the updated contract.

Information regarding specific, granular unlocking timestamps for team or investor allocations was not available in the provided data; however, the protocol emphasizes a "built to last" strategy with institutional-grade execution to ensure predictable value delivery to the community.