Litepaper

Prophet token ($PROPHET) is a Milady inspired memecoin and nft derivative created on Arbitrum that operates on a tiered tax structure basis. Meaning that it is a reflection token that shifts a % of trading volume back to staked token holders, paid in Ethereum. However users who buy or sell the token can reduce the tax rate via aquiring the projects NFT collection.

The logic: users deposit Eth for $prophet, the team gambles on select events that have emperically enjoyed strong results. Prophets, should they occur, are intended towards Milady community empowerment.

Prophetlady Corp. is a small cadre of autists that specialize in mma betting. The following infographs show the teams performance since inception from a start date of november 2020, so in 3 years its averaging roughly 200% returns compounding per year.

Muh infograps of performance 2023

Holders will have one of multiple options of what to do with the prophet token once aquiring it. Option 1 would be to contribute to the liquidity mining pool. The eth/prophet LP has an incentive of 7.5% of the entire supply to be evenly distributed on a proportional basis, daily, over the course of 5 years. (200 billion total tokens, 7.5% of that is 15 billion. 15 billion tokens divided every day for 5 years =7.5 million tokens roughly split between proportion of LP participants daily)

Exhibit A

Option 2 would be to simply stake $prophet tokens and collect the fees from taxes that are incurred from buys and sells

Exhibit B

Option 3 is to burn a set amount of Prophet tokens for a milady style inspired derivative collection, the idea of the nft being that with the more tokens one burns, one increase the tier of said NFT. The value being that the higher the tier of NFT, the lower the tax rate will be for when swapping Prophet tokens back for Eth. Also, users who upgrade or acquire the highest tier available (rank 5) can deposit said Nfts into another distinct pool to collect Prophet tokens. This pool also will distribute 7.5% of the total token supply to stakers equally over the course of a 5 year period.

Exhibit C

Tax % by NFT tier level:

No NFT	13%
Tier 1	11%
Tier 2	9%
Tier 3	7%
Tier 4	5%
Tier 5	3%

A detailed look into the mechanics of the NFTs and the tax rates...

Muh chart in totality to illustrate the method to the madness.

a chart describing the structure of the coin

A table infographic of ido sales structure with round, price, and total raise amount

Round 1	.000000003125 Eth	62.5 Eth
Round 2	.00000000625 Eth	125 Eth
Round 3	.0000000125 Eth	250 Eth
Round 4	.000000025 Eth	500 Eth
Round 5	.00000005 Eth	1000 Eth
Round 6	.0000001 Eth	2000 Eth

Additionally, there is one last piece in this puzzle, there is an "anti jeet" / arbitrage tax of an additional 10% to any ido buyer who then buys or sells from the LP within the same round. Example, user buys in ido rd 1 with a tier 5 nft, until the 1st rd ido is entirely bought out, the tax rate interacting with the LP will be 13% instead of 3%. Once ido rd 2 starts, the tax rate will revert back to 3%

Emperically speaking, 200% per year for the last 3 years is what the team has accomplished, however, given the law of large numbers, should the treasury go beyond 7 figures, this will likely prove too difficult to achieve, so with this a general target of success the team hopes for is roughly 50-100% a year......
Assume full raise occurs = $15,000,000
75% roi divided weekly = 1.5%
1.5% of 15,000,000 = $225,000
.75% (or half... $112,500) goes to "community building", the other.75% ($112,500) goes to building the treasury further
Assume full raise: 15,000,000
Year zero: treasury at 15 million: 5.6 mil distributed +5.6 mil added to treasury
Year 1: treasury at 20 million: 7.5 mil distributed + 7.5 mil added to treasury
Year 2: treasury at 28 million: 10.5 mil distributed + 10.5 mil added to treasury
Year 3: treasury at 38 million: 14 mil distributed + 14 mil added to treasury. etc. etc. etc.