PROSPEREX
Swaps, Futures, Pledges, and DeFi Mining INTRODUCTION "ProsperEx" a universal exchange that prioritizes both user experience and data security, combining the privacy of decentralized file storage (DeFi) with the accessibility of real-world assets (RWA). The on-chain derivatives market has made its way into the early stages of its development and has seen tremendous expansion in the two years that have followed. The entire trading volume in the on-chain derivatives industry reached $478 billion between February and December of 2022, as stated in the "Q3 2022 Decentralized Derivatives Exchange Research Report" published by TokenInsight. In comparison, the total trading volume in this industry was almost nonexistent at the start of 2021. Trading of derivatives on the chain is becoming a popular new development. On the other side, as regulatory authorities continue to tighten controls on centralized exchanges (CEX) and trust in the cryptocurrency industry continues to...