Governance
Community-Driven Decisions
$PRFI holders can propose and vote on key initiatives, ranging from feature upgrades to reward distribution changes. Governance is designed to reflect the collective interests of the community.
Decentralization Strategy
PrimeFi aims to gradually transfer decision-making power from the core team to the community. This transition ensures that the platform evolves according to user priorities.
Voting Mechanics
Voting power is proportional to the amount of $PRFI staked, ensuring that committed participants have a greater influence. Proposals are presented transparently, with clear criteria for implementation.
Governance
Community-Driven Decisions
$PRFI holders can propose and vote on key initiatives, ranging from feature upgrades to reward distribution changes. Governance is designed to reflect the collective interests of the community.
Decentralization Strategy
PrimeFi aims to gradually transfer decision-making power from the core team to the community. This transition ensures that the platform evolves according to user priorities.
Voting Mechanics
Voting power is proportional to the amount of $PRFI staked, ensuring that committed participants have a greater influence. Proposals are presented transparently, with clear criteria for implementation.
Borrowing
Access Liquidity
Borrow funds while retaining ownership of your assets by using them as collateral. Ideal for users seeking liquidity without the need to sell their holdings.
Health Factor
A dynamic metric that ensures the safety of borrowing positions. A higher Health Factor indicates a safer position, while a lower one signals potential risk of liquidation.
Flexible Loan Repayment
Borrowers can repay loans partially or fully at any time. Repayments include the principal amount and accrued interest, calculated based on the platform's dynamic interest rate model.
Flash Loans
Instant, uncollateralized loans that can be executed within a single blockchain transaction. Suitable for advanced DeFi use cases like arbitrage, collateral swaps, or debt refinancing.
Borrowing
Access Liquidity
Borrow funds while retaining ownership of your assets by using them as collateral. Ideal for users seeking liquidity without the need to sell their holdings.
Health Factor
A dynamic metric that ensures the safety of borrowing positions. A higher Health Factor indicates a safer position, while a lower one signals potential risk of liquidation.
Flexible Loan Repayment
Borrowers can repay loans partially or fully at any time. Repayments include the principal amount and accrued interest, calculated based on the platform's dynamic interest rate model.
Flash Loans
Instant, uncollateralized loans that can be executed within a single blockchain transaction. Suitable for advanced DeFi use cases like arbitrage, collateral swaps, or debt refinancing.
Prime Liquidity Providers (pLP)
Contributing Liquidity
Users can deposit assets into specific liquidity pools to support the platform’s borrowing and lending operations. Liquidity providers earn a share of the transaction fees and rewards from the pools they contribute to.
Flexible Ways to Build Positions
Manual Positions: Users manually allocate liquidity to selected pools, customizing their strategy.
FLIK Positions: An automated approach that simplifies the process and optimizes returns.
Rewards and Maximum APR
Each pool offers different Annual Percentage Rates (APR), with some pools providing higher rewards for locked positions. Rewards are transparently calculated and distributed based on user contributions.
Maintaining Eligibility
Liquidity providers must meet specific criteria to sustain their eligibility for rewards. Users can track their performance and eligibility status through the dashboard.
Prime Liquidity Providers (pLP)
Contributing Liquidity
Users can deposit assets into specific liquidity pools to support the platform’s borrowing and lending operations. Liquidity providers earn a share of the transaction fees and rewards from the pools they contribute to.
Flexible Ways to Build Positions
Manual Positions: Users manually allocate liquidity to selected pools, customizing their strategy.
FLIK Positions: An automated approach that simplifies the process and optimizes returns.
Rewards and Maximum APR
Each pool offers different Annual Percentage Rates (APR), with some pools providing higher rewards for locked positions. Rewards are transparently calculated and distributed based on user contributions.
Maintaining Eligibility
Liquidity providers must meet specific criteria to sustain their eligibility for rewards. Users can track their performance and eligibility status through the dashboard.
$PRFI Token
Benefits
The participants in our ecosystem take a % of the profits from our DApps through our NFT collections.
DAO Governance
You can be part of the decisions made in the ecosystem thanks to our DAO by having PRFI tokens.
$PRFI Token
Benefits
The participants in our ecosystem take a % of the profits from our DApps through our NFT collections.
DAO Governance
You can be part of the decisions made in the ecosystem thanks to our DAO by having PRFI tokens.
Audits
What Are Audits?
PrimeFi ensures the security of its ecosystem and user trust through regular audits. These reviews, conducted by independent experts, evaluate smart contracts, protocols, and infrastructure to identify vulnerabilities, verify compliance, and ensure platform reliability
Transparency and Accessibility
All audit reports are publicly available, allowing users to verify the safety measures implemented.
Reports provide clear details on identified risks and the steps taken to mitigate them.
Users can access these documents anytime, fostering transparency and trust.
Ongoing Monitoring
PrimeFi treats security as a continuous process.
Real-time monitoring tools actively detect potential threats.
New platform features and updates undergo additional audits to maintain the highest security standards.
Audits
What Are Audits?
PrimeFi ensures the security of its ecosystem and user trust through regular audits. These reviews, conducted by independent experts, evaluate smart contracts, protocols, and infrastructure to identify vulnerabilities, verify compliance, and ensure platform reliability
Transparency and Accessibility
All audit reports are publicly available, allowing users to verify the safety measures implemented.
Reports provide clear details on identified risks and the steps taken to mitigate them.
Users can access these documents anytime, fostering transparency and trust.
Ongoing Monitoring
PrimeFi treats security as a continuous process.
Real-time monitoring tools actively detect potential threats.
New platform features and updates undergo additional audits to maintain the highest security standards.
Lending
Deposits Made Simple
Users can supply supported assets to PrimeFi and start earning interest immediately. Deposited assets contribute to the liquidity pool, enabling other users to borrow while generating returns for depositors.
Collateral Management
Deposited assets can be used as collateral to unlock borrowing power. Users maintain control over enabling or disabling collateral for each asset.
pTokens
When users deposit assets, they receive pTokens (e.g., pUSDT), which represent their holdings on the platform. These tokens accrue interest over time and can be redeemed for the original asset plus earnings.
Lending
Deposits Made Simple
Users can supply supported assets to PrimeFi and start earning interest immediately. Deposited assets contribute to the liquidity pool, enabling other users to borrow while generating returns for depositors.
Collateral Management
Deposited assets can be used as collateral to unlock borrowing power. Users maintain control over enabling or disabling collateral for each asset.
pTokens
When users deposit assets, they receive pTokens (e.g., pUSDT), which represent their holdings on the platform. These tokens accrue interest over time and can be redeemed for the original asset plus earnings.
Features
Omnichain Asset Interoperability
PrimeFi uses LayerZero technology to allow users to interact seamlessly with multiple blockchain networks. Deposit assets on one chain and borrow on another, providing flexibility and reducing traditional multi-chain complexities.
Seamless Token Bridging
The $PRFI token operates as an Omnichain Fungible Token (OFT) powered by Stargate-LayerZero, enabling secure and efficient cross-chain transfers without the risks of traditional bridges.
NFT Integration
PrimeFi integrates NFTs into its ecosystem, combining them with lending and borrowing functionalities. This creates new opportunities for users and adds innovative utility to digital assets. Plans include an NFT marketplace for extended functionality.
Features
Omnichain Asset Interoperability
PrimeFi uses LayerZero technology to allow users to interact seamlessly with multiple blockchain networks. Deposit assets on one chain and borrow on another, providing flexibility and reducing traditional multi-chain complexities.
Seamless Token Bridging
The $PRFI token operates as an Omnichain Fungible Token (OFT) powered by Stargate-LayerZero, enabling secure and efficient cross-chain transfers without the risks of traditional bridges.
NFT Integration
PrimeFi integrates NFTs into its ecosystem, combining them with lending and borrowing functionalities. This creates new opportunities for users and adds innovative utility to digital assets. Plans include an NFT marketplace for extended functionality.
Welcome to PrimeFi: Lend, Borrow and Earn!
PrimeFi is an omnichain lending and borrowing protocol designed to mitigate on-chain borrowing risks and connect liquidity across multiple blockchains.
Welcome to PrimeFi: Lend, Borrow and Earn!
Omnichain. Multi-Rewards. One Platform.
PrimeFi is an omnichain lending and borrowing protocol designed to mitigate on-chain borrowing risks and connect liquidity across multiple blockchains.
Welcome to PrimeFi: Lend, Borrow and Earn!
PrimeFi is an omnichain lending and borrowing protocol designed to mitigate on-chain borrowing risks and connect liquidity across multiple blockchains.
PrimeFi Rewards System
How Rewards Work
Key Benefits
Sustainability
The rewards system aligns with PrimeFi’s long-term vision, ensuring the ecosystem remains stable.
Transparency
Clear reward structures and accessible data foster trust and understanding.
Inclusivity
Rewards are structured to benefit both general and advanced users, encouraging participation at all levels.
Reward Flow
PrimeFi Rewards System
How Rewards Work
Key Benefits
Sustainability
The rewards system aligns with PrimeFi’s long-term vision, ensuring the ecosystem remains stable.
Transparency
Clear reward structures and accessible data foster trust and understanding.
Inclusivity
Rewards are structured to benefit both general and advanced users, encouraging participation at all levels.
