Key Features of PrimeFi
PrimeFi: Key Feature Summary
Omnichain lending (LayerZero)
Liquidity supplied on one EVM network can be borrowed against on another. Cross-chain messages are sent through LayerZero; no wrapped assets or third-party bridges are involved.
PRFI as an OFT
PRFI follows LayerZero’s Omnichain Fungible Token standard. A single canonical supply is tracked while tokens move natively between chains via Stargate-LayerZero.
NFT collateral & marketplace (post-mainnet launch)
Selected NFT collections, will be pledged as collateral. Floor-price or oracle valuations set loan-to-value limits, and an internal market handles trading or collateral liquidation.
Over-collateralised risk model
Every position must maintain Health Factor ≥ 1. Oracle price feeds and interest-index updates recalculate HF on each transaction; the UI surfaces warnings before liquidation thresholds are reached.
Security controls
Core money-market code inherits audited Aave v2 contracts. New modules (cross-chain messaging, incentives, NFT logic) undergo independent audits and are covered by a live Immunefi bug-bounty programme. Upgrades use UUPS proxies with timelocks and an emergency pause guardian.
Documentation & community tooling
Self-service resources include step-by-step courses, an AI documentation assistant, and a public forum for support and governance discussions.
Omnichain gas deposit (for incentives sync)
Users on non-Base networks pre-deposit a small gas reserve into the protocol. This reserve funds cross-chain message relays, ensuring that sidechain actions (deposits, borrows, repayments, transfers) are reflected on the Base mainchain incentives controller. Rewards remain globally consistent across all supported chains.
The integration of NFTs will occur after the main features of the protocol are launched on the Mainnet.
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