Why Prosper
Last updated
Last updated
We are clear from day 1—Prosper won’t try to be everything, we are not building an L2, DEX, lending protocol or Bitcoin LST, etc. Instead, Prosper has a singular focus on one strategy:
Building PROS as the go-to Bitcoin ecosystem token backed by institutional-grade Bitcoin mining power and creating a sustainable value accrual flywheel around this ecosystem.
Prosper ensures best-in-class execution across this underlying live hashrate, which produces BTC for the DAO foundation’s treasury on an ongoing basis. Meanwhile, Prosper works with various types of partner projects to drive adoption, awareness and development of PROS within the ecosystem.
PROS and the DAO’s treasury’s BTC both represent tangible levers to enable the Prosper community to collectively tap into various opportunities offered by projects in the ecosystem—merge/dual mining, TVL farming, staking/restaking, gaming quests, NFT whitelists, etc.—driving growth in PROS and the treasury size, allowing the DAO foundation to scale and add more hashrate, continuing the flywheel.