The on-chain infrastructure platform Prosper has officially launched the MemeRWA innovation framework, directly addressing long-standing pain points in the crypto market by connecting verifiable on-chain strategy performance data with crypto-native assets, deeply aligning real-world performance with market value.
In traditional on-chain financial markets, the industry has long faced a fragmentation between two systems. On one hand, various on-chain strategies and real-world assets (RWA) have achieved independent on-chain verifiability, but their performance remains confined within asset management systems, with asset prices calculated based on net asset value (NAV), failing to connect with genuine market value feedback. On the other hand, popular Meme markets feature low entry barriers and rapid liquidity surges, quickly generating deep trading liquidity, yet commonly suffer from industry shortcomings such as lacking underlying logic, unverifiable performance, and value supported solely by narratives.
To address this industry pain point, the MemeRWA framework precisely bridges both sides by connecting quantifiable and traceable real-world strategy performance with the highly liquid Meme crypto market, ensuring that on-chain asset value is driven not by narrative hype, but by verifiable, real operational performance.
The MemeRWA framework consists of three components—verifiable economic reference indicators, market-linked preset mechanisms, and publicly traded crypto-native assets—forming a complete, closed-loop, and traceable on-chain value pricing system that fully moves beyond subjective narrative-based pricing.
Built on Prosper’s underlying infrastructure, third-party Curators can rapidly deploy compliant on-chain strategies. The entire system is implemented using two core tools, with Prosper remaining entirely uninvolved in issuance, management, or control, maintaining a purely neutral infrastructure role: Vault Shares: Independently issued and managed by the corresponding Vault owner, providing users with proportional exposure to the strategy’s assets and NAV, directly aligning with net asset value returns; p{VAULT}: A crypto-native asset with a fixed supply, primarily enabling the market to freely trade and price the Curator’s operational capabilities and future performance expectations.
Unlike traditional on-chain asset models, MemeRWA automatically links two tools through smart contract rules, with all processes fully traceable and verifiable on-chain and no human intervention. The core logic is that when a Curator’s strategy generates performance fees, a portion of those fees is automatically used to repurchase the paired p{VAULT} on public markets, converting verified real-world performance into actual market demand, thereby creating a positive feedback loop between performance, demand, and price. Meanwhile, p{VAULT} does not confer ownership of the underlying Vault assets, NAV rights, or profit claims; it serves solely as a market-based pricing instrument, with clearly defined and completely independent rights between the two tools.
The MemeRWA framework has now launched its ecosystem deployment, with the first batch of third-party Curator strategies covering U.S. equities, global stock markets, and the Hyperliquid sector. Simultaneously, Stove Finance, R25 Protocol, and TopNod Wallet have officially become the project’s首批 ecosystem partners. All on-chain strategies and operational activities are independently managed by the Curators and partners; Prosper provides only the underlying protocol technology and infrastructure, with no involvement in any operational decisions or asset management.
Technically, Prosper is built entirely on the Pharos public chain. As a blockchain infrastructure focused on the RealFi sector and centered on value discovery, Pharos handles core functions such as asset issuance, on-chain settlement, and smart contract execution, having already established a mature on-chain financial ecosystem. Above the Pharos base layer, Prosper constructs a dedicated protocol layer and interaction interface layer, unifying technical standards to enable curators, institutional capital, and community users to efficiently connect with various on-chain assets and strategies. Additionally, all p{VAULT} tokens are uniformly priced in $PROS, deeply integrating all protocol ecosystem activities with Pharos’s overall economic system to activate the public chain’s ecosystem value.
Laura, Chief Business Officer of Pharos, said: "Prosper has forged a completely new path by bringing verified strategy performance into the crypto-native market. Vault Shares provide capital exposure, while p{VAULT} offers a separate channel for the market to fully express its bullish sentiment toward performance outcomes."
Sean Chung, Vice President of Business Development at the R25 Protocol, added that the core of on-chain finance is trust and transparency. MemeRWA for the first time deeply links a Curator’s industry reputation with on-chain verifiable performance data, addressing the industry’s current lack of quantitative standards for strategy evaluation and its overreliance on anecdotal narratives—a significant innovation and upgrade in the on-chain asset management space.
According to the official roadmap, the first batch of Curator-managed Vaults will officially launch in mid-September 2026. At that time, the first full range of strategies will become tradable, and users will receive corresponding p{VAULT} token rights by depositing assets into the Vaults. Prior to launch, Prosper will fully disclose the initial list of Curators, detailed strategy specifications for each Vault, and the ecosystem partnership matrix. Subsequently, the platform will continuously expand its strategy offerings, curation teams, and community ecosystem.
About Prosper
Prosper is a professional on-chain infrastructure platform focused on liquid alpha and the first real-world application of the MemeRWA framework. At its core, the platform uses automated protocol mechanisms to connect verifiable on-chain economic performance data with publicly traded crypto assets, redefining the logic of on-chain strategy pricing.
Built on the Prosper infrastructure, all investment strategies can be decomposed into two standardized instruments: Vault Shares and p{VAULT}, representing net asset value exposure and manager-implied pricing, respectively, enabling standardized, transparent, and quantifiable on-chain asset management. Prosper is fully deployed on the Pharos Network; for more project details, visit the official website: www.pros-per.xyz/.
Disclaimer
Prosper is solely an on-chain infrastructure service platform, providing software infrastructure and protocol tools in accordance with existing technical standards. The platform does not hold, control, or interact with any user funds or digital assets and is not a broker-dealer, investment advisor, exchange, custodian, or any other financial intermediary under any jurisdiction. All content in this document, as well as Prosper’s platform, interface, official documentation, and public communications, do not constitute any offer to trade, investment advice, or legal, tax, or professional guidance regarding any digital asset. No fiduciary, advisory, or agency legal relationship is established between users, curators, partners, and project teams through the use of the platform’s services. Investing in digital assets and DeFi strategies carries significant market risks, including total loss of principal, smart contract vulnerabilities, regulatory changes, market volatility, and insufficient liquidity. All participants must conduct their own due diligence and consult qualified compliance advisors before making decisions. All third-party projects, protocols, institutions, and services mentioned herein are provided solely for ecosystem informational purposes and do not constitute endorsement, guarantee, or affirmation by Prosper regarding their compliance, operational capabilities, or solvency. Regulatory frameworks for digital assets vary across jurisdictions; this content is not applicable to users in regions where digital asset services are prohibited.