Prophecy Project has some new ideas about how crypto ecosystems can operate – and they may end up being very popular. The Prophecy Utility Token (PRY) is at the center of the innovative platform and allows users to participate in the ecosystem.
While the platform is young, Prophecy has created one of the most novel staking systems in the marketplace. Called Prophet pools, this new way to gain low-risk staking rewards could be the next big thing in cryptocurrency.
The staking ideas that Prophecy has built into Prophet pools are worth a look and may appeal to investors of all sizes.
With many staking platforms, the amount of tokens that are needed to participate is high, while there are risks that even with staked tokens, rewards may not be available to smaller participants in the system.
Just as in the centralized financial system, the big players stay on top, while the little people are left out in the cold. Prophecy has a much better idea – make sure that most of the people who stake walk away with solid returns.
Prophecy Makes Staking Pay – For Almost Everyone
Prophet pools take a novel approach to rapid staking and rapid yield pools. They are built to win and will create returns for their participants with an 80% chance of success.
By taking a community-driven approach to staking, Prophet pools ensure that the vast majority of people who stake their token will be rewarded.
In fact, even if a person isn’t able to generate a yield with their first staking effort, they will be given preferred status in their next attempt, which drops their chances to missing two opportunities to earn at just 4%
Instant Yields for Stakers
Prophet pools take the waiting out of staking and let anyone who wants to stake in Prophet pools have a chance to earn rewards as soon as a pool hits the number of stakers necessary is fulfilled.
Suppose that a pool needs to have 10 stakers in order to conclude. As soon as the 10th staker commits their tokens, the pool…