PrimeFi
  • 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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LP Provider Rewards

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Last updated 6 months ago

There is a possibility to go one step further, not only to earn fees generated from all active loans as a lender.

This situation arises when a lender locks at least 5% of their lend position in a liquidity pool, thus generating a concentrated liquidity token or pLP.

This token must undergo a locked staking process with various possible time frames. Locking the pLP generates rewards for the user in the form of PRFI emissions.

There are two ways to form the pLP position:

  1. Borrow against lend deposit

  2. Extra capital

Lock-up periods range from 30 to 360 days. Depending on the lock-up period, the interest on fee benefits will have a multiplier. Visit the following link for more information:

LP Actors

These two ways of forming a position create two types of users:

  • Primy LP Provider Lender + Borrower + LP Provider Refers to users who, after making a deposit as lenders, want to become LP Providers and borrow the necessary assets from PrimeFi to create their LP position. These users will receive 100% of the 85% borrowing fees, as they act as both lenders (30%) and borrowers (70%). At the same time, they will be earning PRFI emissions.

  • Pure LP Provider Lender + LP Provider (adds 5% from their wallet without borrowing) These are users who, after depositing in the protocol, add an additional 5% from their own wallet, allowing them to receive PRFI emissions without needing to borrow from the protocol.

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