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—including PrimeOrbs—can 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 v3 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.
The integration of NFTs will occur after the main features of the protocol are launched on the Mainnet.
Last updated