PROSPEREX

Agustus 09, 2023

Swaps, Futures, Pledges, and DeFi Mining

INTRODUCTION

"ProsperEx" a universal exchange that prioritizes both user experience and data security, combining the privacy of decentralized file storage (DeFi) with the accessibility of real-world assets (RWA).

The on-chain derivatives market has made its way into the early stages of its development and has seen tremendous expansion in the two years that have followed. The entire trading volume in the on-chain derivatives industry reached $478 billion between February and December of 2022, as stated in the "Q3 2022 Decentralized Derivatives Exchange Research Report" published by TokenInsight. In comparison, the total trading volume in this industry was almost nonexistent at the start of 2021. Trading of derivatives on the chain is becoming a popular new development. On the other side, as regulatory authorities continue to tighten controls on centralized exchanges (CEX) and trust in the cryptocurrency industry continues to erode, consumers are increasingly transferring their focus to on-chain platforms.

WHY GO WITH PROSPEREX?

Swaps, Futures, Pledges, and DeFi Mining: Pledges, perpetual contracts, futures contracts, defi mining, spot trading, and maybe in the future forex, stocks, gold, and other commodities Where we place an emphasis on both the safety of our users and their overall experience.

An Effortless Journey Through ProsperEx: Discover our user-friendly and simple interface, which was developed to make your trading processes more straightforward. You will be able to make educated conclusions regarding your trade if you have access to sophisticated chart analysis tools. Personalization settings are available on our platform, giving you the ability to tailor your trading preferences as well as the notifications you get.

Contain the Risk of Liquidation: When liquidations take place is determined by an aggregation of price feeds with a high level of quality. By doing so, positions are protected from wicks that are only momentary.

Reduce Expenses: It is possible to enter and exit positions with a tiny price spread and no influence on the price. Obtain the best possible pricing while avoiding any unnecessary expenditures. The most crucial thing to note is that the more you trade, the more money you may save by keeping PPE.

Easy Swaps: Open positions can be filled using a straightforward interface for swapping. You are able to shift easily from any supported asset into the place of your choosing.

NODE OF THE PPE

Nodes on the ProsperEX network give users the option to hold initial PPE and act as a prestigious ticket to the platform's benefits.Join the ranks of the pioneers of ProsperEx right away! Holding the ProsperEX node, often known as "Your Gateway to Prosperity," will allow you to tap into the power of the DeFi network.

PPE Node is an equity asset (in the form of NFTs) within the ProsperEx ecosystem, and holders are entitled to a variety of ecosystem advantages. There are only 21,000 PPE Nodes available, and the original price was set at 1000 USDT. However, the price will increase by 50% after every sale of 2100 Nodes. This indicates that the earliest purchasers will receive the best deals.

Any person who purchases a PPE Node will be entitled to a reward of 10,000 PPE tokens. These tokens will be distributed in a predetermined manner over the course of 18 months via a smart contract, and holders will be able to claim them at their leisure. In addition, holders of PPE Nodes will receive a distribution equal to fifty percent of the transaction fees that are earned by the ProsperEx platform. In addition to the benefits that have already been described, everyone who holds a token will be given priority access to token airdrops that are associated with new ProsperEx initiatives. They will also have the chance to participate in initial exchange offerings (IEOs) at rates that are more favorable. PPE Node holders' contributions to DAO governance are often given more consideration than those of other PPE Node holders.

PPE Node holders are going to be the principal recipients of ecosystem rewards since their token serves as a representation of value inside the ProsperEx ecosystem. PPE Node holders, and especially early adopters, stand to benefit the most from a total supply that is set, as the supply will be limited.

Bitmart, which is well-known for being a platform for trading digital assets, has also contributed financial backing and support to ProsperEx. Because of this cooperation, ProsperEx now has access to a wider market channel as well as more opportunities, which will allow it to bring in a greater number of investors. Not only does ProsperEx strengthen its position in the market by collaborating with Cardano and Bitmart, but it also expands the opportunities and benefits it provides to investors as a result of these partnerships.

CONCLUSION

ProsperEx has a potential on-chain derivatives track and was an early RWA pioneer. This ecosystem may comprehensively collect consumers from both Web2 and Web3 worlds and serve as an early connecting point between them. With the introduction of the ProsperEx ecosystem, a significant number of users will start the value flywheel, which will steadily accelerate and continually capture ecosystem value.