Prosperex

Juli 30, 2023

Your Highway Express to Prosperity

ABOUT

The universal exchange known as "ProsperEx" puts a high premium not only on the quality of the user experience but also on the security of the data that it holds. It combines the privacy that can be achieved with decentralized file storage (also known as DeFi) with the accessibility that can be achieved with real-world assets (also known as RWA).

Since the summer of DeFi in 2020, the market for on-chain derivatives has gradually reached its early development stage, and it has seen tremendous growth over the course of the ensuing two years after that. The overall trading volume in the on-chain derivatives market reached $478 billion from February to December 2022, according to the "Q3 2022 Decentralized Derivatives Exchange Research Report" that was released by TokenInsight. This figure was determined by looking at the period of time from February to December 2022. This number was determined by analyzing data from the time period spanning February 2022 all the way through December 2022. To put that into perspective, the overall trade volume in this sector of the economy at the start of the year 2021 was almost nonexistent. Trading derivatives on blockchains is becoming an increasingly popular new practice that is gaining popularity. On the other hand, user activity is gradually migrating away from centralized exchanges (CEX) and toward on-chain platforms as regulatory authorities continue to place more limitations on CEX and trust continues to deteriorate. This is due to the fact that on-chain platforms provide users greater direct control over their transactions.

DIFFERENTLY FATEFUL

The on-chain derivative system ProsperEx is currently under development, and it is already suited for a broad variety of users due to its support for spot trading, DeFi mining, staking, and other trading and earning tactics. Option and on-chain perpetual contract transactions are two more significant types of derivatives that may be made on ProsperEx.

One of the most important features that sets ProsperEx apart from its rivals is its support for RWA (Real-World Assets) trading. Cryptocurrency assets like Bitcoin and Ethereum may be traded, while conventional financial assets like futures, equities, and gold can be tokenized and exchanged on the blockchain as well. Bitcoin and Ethereum, for instance, are only two examples of the kinds of digital money that may be traded on the platform. This scenario is promising and sets ProsperEx up to be a significant participant in the emerging on-chain derivatives market. It bridges the gap between Web2 and Web3.

BECAUSE OF RWA, WE WILL BE ABLE TO REACH A WIDER DEMOGRAPHIC

There are many people in the Web2 community who utilize conventional financial assets since the conventional financial business has been operating for over a century. These people have a deep understanding of the stock market and futures markets, giving them great potential as long-term investors. Compared to the predicted $1 trillion market valuation of cryptocurrencies, the conventional financial sector is believed to be roughly $80 trillion in size. Only with RWA is it possible to migrate the traditional financial market to the Web3 and to scale up to the point where you can effectively target and recruit billions of Web2 consumers.

ProsperEx's support for RWA assets is an unequaled competitive advantage when compared to the capabilities given by competing on-chain derivative protocols. When compared to other platforms, it offers superior trading models, trading experiences, and game options, and it can accommodate a greater range of assets. This gives it a leg up on other protocols in the same field, giving it a strategic edge over them.

TOKENS FOR THE GOVERNMENT HELP THIS TOKENIZED ECONOMY FUNCTION

There are a total of 400,000,000 PPE tokens, with over 70% set aside for usage as incentives in node and trade mining. This is done to ensure that there is always enough liquidity and trade activity inside the ecosystem.

The number of PPE assets determines the price category in which ProsperEx places you. A lower cost per PPE is achieved. ProsperEx's financing options and wealth management services may help PPE asset owners increase their returns. The platform and dividends for PPE holders will remain.

ProsperEx's growth into the Web2 and Web3 domains, where RWA features will be provided, will be driven by demand from a large user base. Therefore, PPE is expected to maintain its value as the asset class continues to create a strong demand foundation.

ASSEMBLED PPE NODES

PPE Node is a sort of NFT equity in the ProsperEx ecosystem, and as such, its holders are entitled to a variety of benefits across the network. You may purchase one of the 21,000 available PPE Nodes for 1000 USDT at the start. In contrast, the price will go up by 50% once every 2100 Nodes are bought and sold. This translates to early birds receiving the greatest discounts.

A smart contract will ensure that purchasers of a PPE Node get 10,000 PPE tokens in a linear fashion over the course of 18 months. ProsperEx will distribute 50% of its transaction fees to those who own PPE Nodes. Token holders will also get token airdrops for future ProsperEx activities and reduced IEO participation fees, in addition to the aforementioned benefits. Typically, PPE Node holders' involvement in DAO governance is more crucial.