CSP DAO invests in Prosper (PROS)

CSP DAO
2 min readFeb 5, 2021

We are proud to announce Prosper as an addition to our portfolio.

PROSPER is a short-term non-custodial prediction and hedging platform based on the Binance Smart Chain. It allows confident traders to maximize their profits by participating in 1, 4 or 24 hour pools.

UTILITY:
- Lower commission rates
- Access to exclusive pools
- Bet insurance
- Bet leverage
- Liquidity incentives
- Custom pool creation

SOLUTION:
Unlike other prediction markets, PROSPER allows users to create their own pools by their own conditions. In order to create a custom pool, user need to hold some amount of PROS token on his wallet. Prediction creator can set his own custom fee rate.

The main problem of the crypto prediction markets is a lack of liquidity. PROSPER is aiming to solve that, by implementation of binary models of liquidity provision. As PROSPER is a short-term prediction market, the pools results are pretty much randomized.

It means, that in general the expected value for liquidity provide is always positive for 80%-100% ratio.

Links:

https://prosper.so/

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https://cspdao.network/

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https://app.uniswap.org/#/swap?inputCurrency=0x7f0c8b125040f707441cad9e5ed8a8408673b455&outputCurrency=ETH

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