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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 Thesis

Empower the Milady ecosystem through betting on modern age gladatorial cock fights.

A chart displaying profit

ProphetLady represents the vision of a Milady inspired derivative from elite gambling autists specializing in MMA betting. Check out the team's success tracker here.


Since inception of the bet tracker in November 2020, it has generated nearly 600 units in total. Averaging roughly 200% returns in about 3 years--compounding per year.

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
cum profits
monthly profits
monthly wins vs losses

How the ecosystem works

Users stake $PROPHET tokens to claim a taxed share of trade volume via a reflection system. Building upon this simple and popular framework, ProphetLady adds a unique twist: users can burn a set amount of their $PROPHET tokens to mint a Milady derivative (the ProphetLady collection) that reduces the tax paid on sells. A ProphetLady can then be increased in tier by burning additional $PROPHET tokens for decreased tax rates and access to the NFT staking rewards pool.

Burn costs for minting and upgrading each tier of ProphetLady will be fixed at 400k $PROPHET tokens required to reach the next level.

Cumulative costs for each tier:
Level 1400,000
Level 2800,000
Level 31,200,000
Level 41,600,000
Level 52,000,000

Tokenomics

Total tokens in existence = 200,000,000,000

120,000,000,000 (60%) $PROPHET will be distributed via 6 stages of IDO

IDO distribution rates
20,000,000,000at .000000003125 ETH
20,000,000,000at .000000006250 ETH
20,000,000,000at .000000012500 ETH
20,000,000,000at .000000025000 ETH
20,000,000,000at .000000050000 ETH
20,000,000,000at .000000100000 ETH
A chart showing tokenomics

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
add liquidity to LP pool

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

Exhibit B
add liquidity to LP pool

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
burn prophet to generate or upgrade nft
Tax % by NFT tier level:
No NFT13%
Tier 111%
Tier 29%
Tier 37%
Tier 45%
Tier 53%
A detailed look into the mechanics of the NFTs and the tax rates...
nft structure
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 Eth62.5 Eth
Round 2.00000000625 Eth125 Eth
Round 3.0000000125 Eth250 Eth
Round 4.000000025 Eth500 Eth
Round 5.00000005 Eth1000 Eth
Round 6.0000001 Eth2000 Eth

WATCH OUT!!!

In order to benefit from the NFT tier tax cut, at least one of the leveled up NFT's must be unstaked! Don't CUCK yourself and swap without an unstaked level 5 NFT in your wallet.
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.

DISCLAIMER

Statistics being indicative:

All Stats listed on this site are for guidance purposes only. Listed statistics are not guarenteed to be accurate. Apy generated for users changes constantly and is purely determined by volume created by other users not Prophetlady. Users acknowledge this and also acknowledge the risk of negative returns on deposited funds into IDO vaults at any and all time periods. By depositing into IDO vaults, the user assumes risk of losses.

Prior returns:

Any and all prior prophet from betting is to not be viewed as indicative of any future returns or prophet.

Risk of loss of funds when interacting with Prophetlady:

Prophetlady ecosystem is a smart contracts based suite of technologies that relies on blockchain technology. By depositing funds into Prophetlady IDO and staking vaults the user will recognize and assume all risks inherent in such technologies, including but not limited to the risk that the smart contracts underlying previously mentioned vaults could fail, resulting in a total loss of user funds. Prophetlady is not responsible for any such losses.

UI usage and legal jurisdictions:

Our Interface is NOT offered to persons or entities who reside in, are citizens of, are incorporated in, or have a registered office in the United States of America or any Prohibited Localities. Prophetlady is a decentralized meme experimental project and does not hold any securities licenses in the U.S. or any other jurisdiction. Any investment made through our protocol shall be made with this in mind. Furthermore, by accepting these terms you acknowledge and warrant that you are not a citizen of or otherwise accessing the website from the following nations or geographical locations: Democratic Republic of Congo, Cote D'Ivoire (Ivory Coast), China, Cuba, Hong Kong, India, Iraq, Iran, Democratic People's Republic of Korea (North Korea), Libya, Mali, Myanmar (Burma), Nicaragua, Sudan, Somalia, Syria, Yemen, Zimbabwe, and/or any other jurisdiction prohibited by the United States Office of Foreign Asset Control (OFAC).