What is Prom (PROM)?

Deep Dive

1. Purpose & Value Proposition

Prom addresses blockchain fragmentation by enabling interoperability between diverse Layer 1 networks (EVM and non-EVM). Its multichain architecture allows dApps to operate across ecosystems like Ethereum, BSC, and others, solving scalability bottlenecks while maintaining security through Ethereum’s base layer.

2. Technology & Architecture

Built using Polygon’s Chain Development Kit (CDK), Prom employs recursive zkSTARKs to batch transactions off-chain before submitting proofs to Ethereum. This reduces gas fees by ~90% compared to Ethereum mainnet while achieving sub-6-second block times. Its bridge supports cross-chain transfers of assets like USDT/USDC via Hyperlane infrastructure.

3. Tokenomics & Governance

The PROM token serves dual purposes:
- Gas fees: Powers transactions and smart contract executions.
- Governance: Holders vote on proposals through Prom DAO, with validators and delegates earning rewards for participation.
A fixed supply of 19.25M tokens ensures scarcity, with 94.8% already circulating as of September 2025.

Conclusion

Prom positions itself as a connectivity hub for Web3, combining Ethereum’s security with scalable throughput and multichain flexibility. Will its focus on developer incentives and cross-chain standardization help it compete in the crowded L2 landscape?