Monitoring Miners

The amount of live hashrate is fundamental to the success of Prosper and PROS. Therefore, a core part of the protocol will be to monitor and ensure that the amount of live hashrate remains above the minimum peg relative to the total token supply.

There are a number of mechanisms in place to ensure the protocol’s minimum peg will be properly maintained. These measures will be executed in the following order (the protocol will move to the next measure should the previous one fails to bring the peg in place):

• Hashrate buffer: hashrate that’s not included in the total live hashrate amount as displayed on our v1 app dashboard

• Deploying new miners: within the remediation period, launch partners who contributed miners in the first place are required to deploy additional hashrate

• Buy & burn PROS from supply: within the remediation period, launch partners can also buyback & remove PROS permanently from supply until minimum peg is reached

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More details around these protective mechanisms will be released as we get closer to go-live.