[Polygon] Prosper is now integrated with Polygon, more than 3.5M$ in Rewards!

Read the partnership announcement from Prosper here.

We’re pleased to share that Prosper Predict, a non-custodial crosschain prediction market and hedging platform has successfully 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!)

3,500,000$ for Prosper Holders and Users!

$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.

How to Use Prosper on Polygon

“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

About Prosper

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
  • Bet insurance
  • User-owned predictions and options
  • Fiat integration

Predict now |Telegram | Twitter | Announcements | Website

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.

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Prosper is now integrated with Polygon, more than 3.5M$ in Rewards! was originally published in The Polygon Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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