On-chain infrastructure platform Prosper has launched the MemeRWA framework to link verifiable on-chain strategy performance data with publicly traded crypto-native assets. According to Foresight News, the framework consists of verifiable economic reference metrics, market linkage mechanisms, and publicly traded crypto-native assets.
Third-party curators can deploy on-chain strategies on Prosper through two instruments: Vault Shares, which are issued and managed independently by Vault owners and provide proportional exposure to strategy assets and net asset value, and p{VAULT}, a fixed-supply crypto-native asset used to price a curator's operating ability and future performance expectations in the market. When a curator's strategy generates performance fees, part of the fees will be automatically used under smart contract rules to buy back the corresponding p{VAULT} in the open market. p{VAULT} does not represent ownership of Vault underlying assets, NAV rights, or profit claims.
Prosper said it only provides the underlying protocol and infrastructure and does not take part in issuance, management, or operating decisions. The first third-party curator strategies will cover U.S. stocks, global equity markets, and Hyperliquid, with Stove Finance, R25 Protocol, and TopNod Wallet as the first ecosystem partners. Technically, Prosper is deployed on the Pharos public chain, and p{VAULT} is priced in PROS. The first curator-operated Vaults are scheduled to go live in mid-September 2026, and Prosper will disclose the initial curator list and Vault strategy details before launch.