Introducing Prime Points! Prime Points is a system that offers a quantifiable measure of a user’s contribution to the success of the Prime ecosystem. The accumulation of points is possible through three distinct avenues on Prime Protocol, with the potential for additional methods to earn points as the Prime ecosystem…
Cryptocurrency
3 min read
Published in
Prime Protocol
Supercharge your Yield with Trader Joe and Prime Protocol
TL;DR Earn 100+% yields on Trader Joe instantly by borrowing necessary assets on Prime Protocol Prime allows users to hedge against price risk and eliminates slippage fees by enabling seamless cross-chain borrowing Borrow assets on Arbitrum, Avalanche or BNB Chain on Prime and deposit on Trader Joe Crypto traders have long…
Prime Protocol
5 min read
Published in
Prime Protocol
·Jun 14
Reduce Risk and Increase Yields using Thena and Prime Protocol
TL;DR Prime Protocol allows users to hedge against price risk and eliminates slippage fees by enabling seamless cross-chain borrowing Earn yields on Thena instantly by borrowing necessary assets on Prime Borrow assets on BNB Chain on Prime without bridging or paying any slippage fees and use those assets to provide liquidity…
Prime Protocol
4 min read
Published in
Prime Protocol
·May 30
A Guide to Prime Protocol: Using StellaSwap with Prime
Welcome to Guides to Prime Protocol, a new series in which we provide you with tips and tricks on how to use Prime Protocol to your advantage! Prime allows users to deposit assets from any chain supported on the platform, and borrow assets from any other chain on the platform…
Prime Protocol
4 min read
Published in
Prime Protocol
·May 24
Clarifying Deposit Approvals
On May 23rd, 2023, Prime Protocol received notice via a Twitter post addressing a feature concern found in our contracts. For the sake of transparency to our community, we want to describe what was found, and the steps we took to address it. We want to reiterate that under no circumstances were user funds ever at risk in the protocol. There was never a way for a bad actor to take possession of protocol funds. If you are a current or past user, your funds are completely safe.
Prime Protocol
3 min read
Published in
Prime Protocol
·May 9
Prime Protocol Integrates Chainlink Price Feeds to Help Calculate Collateral Ratios
We’re excited to announce that Prime Protocol has integrated Chainlink Price Feeds on Mainnet! By integrating the industry-leading decentralized oracle network, Prime has access to high-quality, tamper-proof price feeds needed to help accurately calculate the value of collateral deposited to our platform. This will provide our users with stronger assurances…
Crypto
3 min read
Published in
Prime Protocol
·May 9
Prime Protocol is Live on Mainnet!
It is with great pleasure that we announce the official launch of Prime Protocol on Mainnet! Prime Protocol started as an idea in early 2022 that grew from Prime Founder Colton Conley’s own personal struggles in maneuvering across blockchains in the DeFi space. In the last year, Prime has…
Crypto
4 min read
Mar 28
Announcing support for Optimism on Prime Testnet!
Prime Protocol is officially announcing support for Optimism on Testnet! Optimism is an EVM-equivalent Optimistic Rollup chain designed to be fast, simple, and secure. Rollups have quickly become one of the most popular technologies used by teams to build new projects in DeFi. The chain utilizes all of Ethereum’s security…
Crypto
2 min read
Published in
Prime Protocol
·Feb 21
Introducing Universal Access on Prime Protocol: Originate a transaction on any chain!
Prime Protocol is excited to announce “Universal Access”, a new feature that will allow users to originate a transaction on any chain supported on the platform! We truly believe cross-chain is the future of DeFi, and we’re looking forward to all of the future use cases of Prime. Universal Access…
Prime Protocol
3 min read
Published in
Prime Protocol
·Feb 2
