PROS cryptocurrency
The cryptocurrency of PROS is the currency of the Prosper platform. This platform is a short-term non-preventive prediction and hedging platform based on the smart Binance series. In this article, we will learn the most prominent information about Prosper’s cryptocurrency.
PROS cryptocurrency project
The main problem in cryptocurrency forecasting markets is the lack of liquidity. This is being resolved through the implementation of bilateral models to provide liquidity. Given that Prosper is a short-term forecasting market.. Thus the results of each group are largely random, which is a kind of Uniswap for predictions.. This means that the expected value of liquidity providers is generally always positive.
Using the cryptocurrency Pros, Chainlink price feeds to determine the final price.. Decentralized price feeding also allows for avoiding market manipulation and ensuring a high level of security for users’ funds. This is already done by using the Chainlink price brief in the Binance smart network and Ethereum Kovan testnet.
How liquidity works on the chain
The cryptocurrency Pros support Ethereum and Binance smart network.. However, the integration of Matic and Avalanche is already on its way.
Each grouping has a reconciliation period, which represents approximately half of the assembly time, within the forecast acceptance period, Prosper collects users’ predictions on the BSC network worth BNB USD. Avalanche in AVAX is valued at USD.
Then after the acceptance period ends, Prosper automatically adds the same amount of pbAVAX (equivalent to the original 1 AVAX) to the BSC and paBNB forecast set to the Avalanche forecast pool.
The winners will divide the synthetic assets according to the same rule as the main rule. After determining the result, the user will receive those cryptocurrencies to their balance in the same proportion as the principal asset. Synthetic currencies can also be easily switched or used for future forecasts via Prosper UI.
Buy Prosper cryptocurrency, price
There are plenty of trading platforms that allow you to buy that digital currency, and the best of those platforms is the Binance platform, where there is a large daily trading volume.
The price of Pros cryptocurrency at present (14/10/2022) is approximately 0.67 countries
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