To celebrate Prosper Protocol restart, team will launch the second stage of the prediction mining campaign.
Greetings, Pros fam. It’s been awhile since platform went offline to fix the current oracle issues, but now we are pleased to inform you that all problems have been resolved and we are getting ready to go back online. During the last campaign, we’ve achieved over $4,000,000 in protocol volumes and over $70,000 of fees, which were contributed to the DAO treasury. All the fees collected during this stage of the prediction mining campaign will be also transferred to DAO treasury and used to buyback tokens from the secondary market in order to benefit token holders.
During 7 days of the campaign users can mine 70,000 $PROS tokens for making their predictions at https://beta.prosper.so. Team will distribute 416,66 $PROS per hour among all the users based on their prediction volume.
Remember, that you can make predictions in both directions to reduce your risks. If you would like to predict on opposite sides, use two different wallets.
This time team’ve divided hourly reward pool on 4 parts:
During each hour team will collect a list of wallets that made predictions in each pool and create a TOP list of them in terms of volume. Each pool has its own TOP list and own Reward Pool, so you can make predictions in multiple pools.
Hourly reward pools will be distributed across all wallets based on their share in the hourly pool volume.
During the period of 4:00 PM to 5:00 PM Jack has made several predictions: 40 $BNB at the $BNB/BNB prediction pool, 900 USDC at $BNB/USDC pool, 50 $BNB at $ETH/BNB pool.
During the period of 4:00 PM to 5:00 PM John has made several predictions: 100 $BNB at the $BNB/BNB prediction pool, 1500 USDC at $BNB/USDC pool, 4000 USDC at $ETH/USDC pool.
During the period of 4:00 PM to 5:00 PM Alex has made several predictions: 200 $BNB at the $BNB/BNB prediction pool, 2000 USDC at $BNB/USDC pool, 300 $BNB at the $ETH/BNB pool and 5000 USDC at $ETH/USDC pool.
Total prediction volume for the period of 4:00 PM and 5:00 PM for each is equal to the sum of Jack’s, John’s and Alex’s predictions:
Prosper has to distribute 416,66 $PROS between Jack, John and Alex based on their share of the total prediction volume in each pool:
Total Jack’s reward per hour: 48,325 $PROS, per day: 1159,8 $PROS
Total Jack’s reward per hour: 122,66 $PROS, per day: 2943,84 $PROS
Total Jack’s reward per hour: 246,67 $PROS, per day: 5920,08 $PROS
Current status and the total amount of your reward for each prediction pool can be found at https://beta.prosper.so/mining. The design of the page will be updated after the launch. Team will also share more details on development status tomorrow. If you are looking for additional information, please revisit previous guides, or join telegram chat. Team will be happy to answer your questions.