rPIP-I (April)
BACKGROUND
In PIP-6, we discussed the introduction of a “recurring PIP series” that would allow community members to vote on the protocol’s recurring decision-making topics. This rPIP (Recurring Prosper Improvement Proposal) is the first of such decisions.
As the community is likely aware, BTC rewards (in the form of wrapped Bitcoin) are distributed to stakers as a part of each monthly staking cycle. With the growth and expansion of the BTCfi ecosystem, we would like to seek community input on the type of BTC that’s distributed as staking rewards on a monthly basis.
PROPOSAL
For the April cycle (rewards provided 1 May 2025), the following options are available for the community to select from. The top choice will determine the type of BTC that’s distributed for all stakers for the cycle.
For BNB Smart Chain (BSC):
- BTCB (same as previous cycles on BSC)
- LBTC (Lombard Staked BTC)
- SolvBTC (Solv Protocol BTC)
For Base:
As Prosper’s staking has only been introduced on Base recently, we will for now only distribute rewards as cbBTC, the most prevalent form of wrapped Bitcoin on Base.
As this is meant to be a recurring decision, the community will have the opportunity to vote again on a similar rPIP next month.
Decision Required from the Community
Your vote on the above proposal is requested.
Call to Action
All community members are strongly encouraged to discuss and participate in a vote regarding this recurring protocol decision for Prosper. Your input and vote is greatly appreciated and requested.
As always, we encourage all community members to discuss with each other and to DYOR ahead of casting your vote.
Be sure to follow the latest updates from https://www.prosper-fi.com/ and https://x.com/prosperfi_BTC. Community members are also encouraged to join the conversation on Telegram at https://t.me/prosperfi or in the holders-only TG group here.
