Prosper launches Genesis Season, a season reward program totaling 1 million PROS.
According to official announcements, Pharos ecosystem project Prosper launched its Genesis Season on October 15, introducing a season reward program totaling 1 million PROS across three main categories: trading competitions, community tasks and referral rewards, and Vault deposit incentives.
The trading competition consists of four rounds, with a combined base prize pool of 400,000 PROS at 100,000 PROS per round. The first round begins on October 15 at 18:00 and runs until October 29 at 18:00. TopNod Wallet provides an additional bonus of 10,000 PROS, bringing the total reward pool for the first round to 110,000 PROS. Prosper stated that during its first-round pre-launch event on September 24, the market capitalization of the ecosystem token TACO once exceeded $11 million.
In addition to competition rewards for traders, Prosper has also introduced a liquidity support plan targeting p{VAULT} markets. Eligible p{VAULT} markets will receive up to $10,000 equivalent in liquidity support. As subsequent community tasks, referral rewards, and Deposit Boost go live, more incentives for the Genesis Season will be gradually released.
