Key Features of PrimeFi

PrimeFi: Key Feature Summary

Area
Description

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.

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