Prime Protocol

Prime Protocol

Created using Figma
Created using Figma
Prime Protocol are building the first natively cross chain prime brokerage. They believe the future is multi-chain, and DeFi needs new financial primitives to increase capital efficiency.
Data is not available
To be announced
Token Details
Ticker
PUSD
Additional Details
Categories
Platform

About Prime Protocol

Prime, the first natively cross-chain protocol that allows you to borrow against the value of your entire portfolio across all blockchains. It doesn’t matter which chain you deposit collateral on or where you need the loan. You find the yield, they give you the liquidity to chase it.

Prime protocol is a one-stop-shop that can meet all of your liquidity needs. As a DeFi investor, you can deposit all of your digital assets into a single protocol, Prime, across different chains, and receive a single revolving line of credit. No matter where your collateral is or where you need the loan, we’ve got you covered.

Prime protocol makes your crypto work for you as collateral regardless of what chain it’s on or what kind of token it is. Rather than borrowing against each asset individually, you can take out a loan on any chain and it will be backed by the collateral value of your cross-assets.

Prime protocol gives you access to lower rates, liquidity where you need it most, and high LTV ratios. No need to exit a position on one chain to earn yield on another. Earn yield on both! Simply deposit your ibTokens into Prime, take out a loan on the chain of your interest, and watch your money multiply. With Prime, you get:

  • One simple line of credit for your entire portfolio
  • The ability to earn yield on interest bearing tokens, even when they are used as collateral
  • Capability to get a loan, regardless of chain, without bridging collateral
  • Crazy low interest rates and high LTV ratios

Prime Protocol Roadmap

  • 01 Development & Testnet Launch

  • Single chain deployment to testnet. Smart contract audits.
  • 02 Mainnet Launch

  • Support for a wide variety of ERC20 tokens, ibTokens, and LP tokens.
  • 03 Cross Chain Capability - EVM Chains

  • Enabling cross margining between the most popular EVM L1 and L2 chains.
  • 04 Cross Chain Capability - non-EVM Chains

  • We want to support every degen in every ecosystem. If there's yield, we will help you capture it.

Activity

Followers:
2 660
MEDIUM
Tweets:
76
LOW
30 Days Growth:
98
$
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
Ticker:
PUSD
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.