Read the partnership announcement from Prosper here.
We’re pleased to share that Prosper Predict, a non-custodial crosschain prediction market and hedging platform hassuccessfully integrated with Polygon!
Polygon will integrate with the Prosper ecosystem and become a huge part of Prosper’s prediction platform, enabling Prosper users to predict with $MATIC token! Prosper will use Chainlink Oracles for price validation and data accuracy. Users will be able to predict on the Matic/USD hourly pools for 45 days in a row.
To celebrate the collaboration, there is an exclusive mining event for $PROS token holders, so make sure your wallets are filled with both tokens!
The new event will start running with the MATIC token only;
1️⃣ March 22, 2021: Prosper goes live on Beta.prosper.so
2️⃣ Users can predict using the Matic/USD pair.
3️⃣ Mining Reward Details: (Starts at 4 PM UTC!)
$PROS token holders will be rewarded for simply holding their tokens with a large total distribution of 702,000 $PROS tokens. To elaborate, approximately $3,500,000 USD worth of $PROS tokens will be distributed in two different staking mechanisms: mining as the first staking method will be prediction mining, and the second staking method will be announced in a few days.
Mining Event Details with $MATIC token
145,800 $PROS tokens, approximately $700,000 in the first 45 days of the relaunch of the prediction pools will be allocated to the Prosper pools on the Polygon network.
Each individual pool will have a fixed $PROS amount reward distributed to all predictors, allocated to both winners and losers of the pools.
In addition, a reward of $2,000 in MATIC will be distributed every day for the Top 3 Predictors on 5 days with the highest daily volume of predictions.
“We’re thrilled to have one of the best price prediction platforms now support Polygon, and we look forward a productive collaboration and helping Prosper users have a seamless prediction experience.”
– Sandeep Nailwal, Co-Founder and COO, Polygon
Prosper is a non-custodial cross-chain prediction market and hedging platform. Prosper is developing a unique technology of on-chain liquidity aggregation to solve problems of the prediction markets landscape.
Core features of Prosper.so include:
Cross-chain predictions support and on-chain liquidity aggregation
Binary liquidity model
User-owned predictions and options
About Polygon (Formerly Matic)
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Matic POS, designed for flexibility and independence. Polygon’s Layer 2 Chains have seen widespread adoption with 100+ Dapps, ~10M txns and ~230K unique users.
Source : blog.polygon