What is prePO?

prePO is a decentralized trading platform allowing anyone, anywhere to speculate on the valuation of any pre-IPO company or pre-token project.

Key Features

Go Long or Short on Any Pre-Public Asset

• Traders will be able to take synthetic positions on pre-IPO companies such as SpaceX, Stripe, Gemini, and ByteDance; pre-token projects such as dYdX, Zapper, and OpenSea; and in the long-term, even real estate!

Neutral Liquidity Provision​

• Liquidity Providers (LPs) on prePO don't have to take a long or short position, and they face no liquidation risk.

No Intermediaries​

• prePO operates on secure decentralized code that can't be tampered with. This guarantees that users will always have full control of their assets, and can never be forcibly exited from their positions or prevented from trading. By nature of being decentralized, there is no paperwork involved either (i.e. no risk of your personal information being leaked), and the overhead costs of the traditional world are removed, which translates to lower fees for traders.

High Composability​

• prePO synthetic assets and LP positions are standard ERC20 and ERC721 tokens, meaning new utility can be unlocked as our assets integrate with the rest of the DeFi ecosystem - think indexes, loan collateral, and multi-layered staking rewards.

Community Driven​

• prePO will be governed by the prePO Decentralized Autonomous Organization (DAO), with decisions driven by a global community of PPO token stakers ('pregens').

Tokenomics

PPO is prePO’s governance and utility token. PPO's tokenomics design incentivizes high-quality, active participation and long-term alignment.

Tokenomics Use Cases:

1. Earning PPO​
2. Stake PPO​
3. Staking Rewards​
4. Staked PPO as Collateral​
5. Bond for PPO​
6. Liquidity Redirection​
7. Protocol-Owned Liquidity​
8. Vote with PPO​