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Prime Protocol

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We’re building 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, we give you the liquidity to chase it.

Seed Round $2.75 Million

Prime Protocol White Paper Whitepaper

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What is Prime Protocol

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

1
01 Development & Testnet Launch

Single chain deployment to testnet. Smart contract audits.

2
02 Mainnet Launch

Support for a wide variety of ERC20 tokens, ibTokens, and LP tokens.

3
03 Cross Chain Capability - EVM Chains

Enabling cross margining between the most popular EVM L1 and L2 chains.

4
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.

Funding Details

Funds Raised (as of now) 2,750,000 USD

Project team

Colton C.
Colton C.
Founder and CEO
Colton C. linkedin-team
Tyler Galaskas
Tyler Galaskas
Social Media Manager
Tyler Galaskas linkedin-team
Noah H. B.
Noah H. B.
Blockchain Development Engineer
Noah H. B. linkedin-team

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