PrimeFi
  • PrimeFi Hub
  • Introducing PrimeFi
  • PrimeFi Features
    • Key Features of PrimeFi
    • Rewards distribution and NFT Integration
  • Lend
    • How to Deposit?
    • Collateral
    • pTokens
    • Withdraw
  • Borrow
    • How to Borrow
    • Borrowing Eligibility
    • Health Factor
    • Loan Repayment
    • Liquidations
    • Flash Loans
    • Interest Rate Model
  • Prime Liquidity Provider (pLP)
    • pLP Overview
    • Ways of Building the Position
      • Manual Positions
      • Flik Positions
    • Maximum APR by asset
    • pLP Pools
    • Sustaining Eligibility Status
    • Bounty for Disqualification
  • Manage PrimeFi
    • Statistics for pLP
    • Vesting Emissions
    • Locked pLP
    • Protocol fees
    • Relock pLP
    • Auto-compound
  • PRFI
  • PrimeFi Reward System
    • Introduction
    • General User Rewards
      • Lenders
      • Liquidators
    • Advanced User Rewards
      • LP Provider Rewards
      • PRFI NFT Holders Rewards
  • Governance
  • Contracts
    • Lending & Borrowing
      • Flik Flow
      • Stargate Borrow
    • Staking
      • Flik Flow
      • Rewards
      • Bounty System
  • Audits
  • PrimeFi Youtube Tutorial
  • Testnet Faucets
    • 1.-Hyperliquid Test
    • 2.-Base Sepolia
    • 3.-Arbitrum Sepolia
    • 4.-BNB Chain Testnet
    • In addition
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  1. Lend

pTokens

pTokens are interest-bearing tokens displayed as 'pXXXX' in your wallet (example: pUSDT for USDT).

These tokens are created and eliminated when you deposit and withdraw funds.

The value of pTokens is directly linked to the value of the respective deposited asset, maintaining a 1:1 ratio. All accrued interest is allocated to pTokens holders by progressively increasing the balance in their wallets.

To exchange your pTokens back into the original asset, go to your deposits section on the Dashboard and follow the instructions for withdrawal.

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Last updated 7 months ago