Pioneering a new standard in DeFi governance and utility

Delta Prime, a decentralized lending and investment platform, is pleased to announce a token generation event (TGE) on Uniswap and Trader Joe’s. TGE is another indication meCryptocurrency innovation with the launch of $PRIME and $sPRIME tokens on July 1, 2024. Born in a bear market and operating on the Arbitrum and Avalanche networks, DeltaPrime’s unique tokenomics design enables stable growth of liquidity pools and enhanced community rewards and governance features.

Community-oriented and transparent, DeltaPrime has developed a new protocol with excellent security measures. No trust, low collateral Borrowing cryptocurrency assets to be used to provide liquidity for trading, yield farming, and other whitelisted protocols.

Protocol revenue in the first quarter of this year exceeded $1.5 million, and ColonyLab’s community seed round was oversubscribed by 58%, demonstrating strong investor confidence in DeltaPrime’s vision and execution. Additionally, the significant LTIPP grant of 750,000 ARB, the same size received from well-established platforms such as Lido and Aave, highlights DeltaPrime’s new status and credibility in the DeFi space. But unlike Aave, DeltaPrime is pushing the DeFi industry from its over-collateralized past to the future of under-collateralized crypto lending.

By launching $PRIME and $sPRIME, Delta Prime We reward and steadily transition governance to our biggest supporters, the community, while maintaining a sustainable business model.

DeFi Revolution: Advanced Trading and Governance

$PRIME and $sPRIME empower users by leveraging idle capital and a strong governance structure to provide enhanced trading and LP capabilities and setting new standards for engagement and profitability in the decentralized finance (DeFi) environment.

As the primary tradable token in the DeltaPrime ecosystem, $PRIME is essential to the platform’s liquidity framework. As a multi-purpose ERC20 token, $PRIME can be traded on public markets, leveraged in liquidity pools on decentralized exchanges (DEXs), and transferred between entities to facilitate seamless market interactions.

$PRIME stands for community
What is unique about $PRIME is its role in creating $sPRIME through liquidity pairings such as PRIME-AVAX or PRIME-ETH, and is deeply embedded in DeltaPrime’s operational and governance mechanisms. Contributions to LPs are streamlined through the DeltaPrime app, making $sPRIME underwriting a breeze.

$sPRIME represents a significant innovation in the areas of DeFi governance and revenue sharing. These LP tokens not only serve as utility tokens within the DeltaPrime ecosystem, but also serve as governance instruments, allowing holders to actively participate in the decision-making process. $sPRIME holders who support the growth of the platform will enjoy the dual benefit of influencing the direction of the platform and contributing to and sharing in its financial success, specifically accumulating $1.65 million in the first quarter of 2024.

Of the total revenue of the protocol, 33% goes to active $sPRIME holders, 33% goes to the treasury for further development, and 33% goes to the protocol’s insurance fund.

$PRIME emissions are dynamically adjusted according to current market conditions to ensure economic stability and sustainable growth. This adaptive supply strategy helps stabilize the value of $PRIME during market fluctuations through a mechanism that increases supply when demand is high and initiates buybacks when demand decreases. However, $PRIME is not a stablecoin and is therefore vulnerable to price fluctuations due to supply and demand.

$sPRIME stands out in that it is the first centralized LP token to be used as the platform’s primary currency, next to generating governance power. Tokens are ‘activated’ by maintaining underlying liquidity around the current price, increasing in value to support the growth of the platform.

DeltaPrime leads the way in community-driven governance

At the core of DeltaPrime’s approach is a commitment to transparency and a governance model that puts decision-making directly in the hands of users. $sPRIME holders who contribute to the platform’s growth not only receive a whopping 33% of the protocol’s profits, but also gain voting rights to shape the platform’s policies and direction. Users earn governance points by holding a 10:1 ratio of $sPRIME to protocol usage as borrowers or lenders on the platform. This democratic process ensures that all decisions reflect the collective will of those who use the platform, creating a truly decentralized governance structure comprised of active DeltaPrime users.

Security Priority

DeltaPrime The security of user funds is paramount. This commitment to security, combined with DeltaPrime’s strategic expansion, has solidified its position as a stable and enduring presence in the DeFi landscape. To mitigate these unique risks, DeltaPrime has built a comprehensive suite of safety features designed to protect user assets and keep the platform secure. Borrowed funds can only be used on whitelisted protocols and tokens, and users cannot run away without repaying their loans. There is bankruptcy protection through a liquidation bot that supervises the status of the loan.

DeltaPrime, which is preparing for its 7th successful audit, prevents market manipulation and abuse, and in the rare event that multiple on-chain checks are missed, the insurance fund covers all affected depositors. DeltaPrime is committed to providing a safe and secure platform for all current and future users.

Introducing Delta Prime

Delta Prime Your prime broker on a mission to unlock the full potential of DeFi. It does this by providing secure, low-collateral loans with a focus on maximum capital efficiency. Built on Avalanche and Arbitrum, Prime account holders know they can get fast, reliable deals on their most important investments.

Built on the unique Diamond Beacon Proxy pattern, DeltaPrime’s escrow smart contracts are infinitely scalable and ensure the platform continues to operate. The fastest integrated processing in the DeFi space.

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disclaimer: The information provided in this press release is not an investment recommendation and is not intended to be investment advice, financial advice or trading advice. You are strongly encouraged to conduct due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies or securities.