Deep Dive
1. Cross-Chain Bridge Deployment (August 2025)
Overview: Propbase launched an in-house LayerZero-powered bridge, allowing PROPS transfers between Ethereum, Aptos, and Base networks in under 60 seconds with $0.01 fees.
The bridge underwent a CertiK audit and supports 60,000+ holders across chains. Smart contracts were upgraded to handle cross-chain reward distributions and token wrapping.
What this means: This is bullish for PROPS because it expands accessibility to Ethereum’s large investor base while maintaining Aptos’ low fees. Reduced friction could boost trading volume and holder growth.
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2. Mobile App Development Start (August 2025)
Overview: Development began on iOS/Android apps featuring portfolio management, staking, and property investments.
The team implemented React Native for cross-platform compatibility and integrated Aptos’ SDK for wallet connectivity. Early builds include 2FA recovery flows and KYC handling.
What this means: This is neutral-to-bullish as mobile access could attract mainstream users, but success depends on execution. Simplified onboarding may increase retail participation in real estate tokenization.
(Source)
3. Governance Module Integration (August 2025)
Overview: Initial smart contracts for decentralized governance reached 65% test coverage, allowing future voting on platform upgrades.
The system uses quadratic voting to prevent whale dominance and integrates with existing staking contracts. Documentation includes upgrade safeguards to prevent malicious proposals.
What this means: This is bullish long-term because decentralized governance could increase community trust and align incentives between developers and token holders.
(Source)
Conclusion
Propbase’s codebase shows strategic focus on interoperability (cross-chain bridges), accessibility (mobile app), and decentralization (governance). These updates position PROPS as infrastructure for institutional-grade RWA tokenization. Will user growth metrics accelerate post-mobile launch?