DeltaPrime Launches PRIME Token Introducing a New Benchmark in DeFi Governance and Utility

DeltaPrime Launches PRIME Token Introducing a New Benchmark in DeFi Governance and Utility

PRESS RELEASE
June 27, 2024 —

Decentralized borrowing and investing platform, DeltaPrime, is excited to announce its Generation Event (TGE) on Uniswap and Trader Joe. The TGE represents a new milestone in the crypto industry with the launch of the $PR and $sPRIME tokens on July 1st, 2024. Born a bear market, DeltaPrime operates on the Arbitrum and Avalanche networks and has designed innovative tokenomics that focus stable growth of liquidity pools, as well as enhanced community rewards and governance capabilities.

Delta is committed to being community-minded and transparent. The platform has developed a unique protocol with robust measures for trustless undercollateralized borrowing of crypto assets to be used for trading yield farming, and liquidity provision on other whitelisted protocols.

In Q1 this year alone, Protocol revenue exceeded $1.5M. The Seed round of ColonyLab wasubscribed by an impressive 58%, demonstrating strong investor confidence in DeltaPrime’s vision and execution. Furthermore, a significant LTIPP grant of 750,000 ARB highlights DeltaPrime’s emerging stature and reliability in the DeFi space. Unlike traditional platforms Aave which rely on overcollateralization for crypto loans; DeltaPrime pioneers the future by offering undercollateralized loans.

By launching $PRIME and $sPRIME tokens,
DeltaPrime
maintains its sustainable business model while also its strongest supporter – its community – with increasing governance rights.

Revolutionizing DeFi: Advanced Trading & Governance

$PRIME tokenizes enhanced trade features within the DeltaPrime ecosystem. As an ERC20 token that can be traded freely across open markets or used in liquidity pools on decentralized exchanges (DEXs), it facilitates seamless market interactions between entities.

Unique to $PRIME is its role in creating $sPRIME through liquidity pairings such as PRIME-AVAX or PRIME-ETH , deeply embedding it within DeltaPrime’s operational mechanisms. Users can effortlessly acquire $sPRIME by contributing to the LP via the intuitive DeltaPrime app.

$sPRIME introduces significant innovation in DeFi governance through revenue sharing mechanisms. This LP-token serves both as a utility token within the ecosystem as well as a vehicle for active participation in decision-making processes related to governance. Those who support DeltaPrime’s growth enjoy dual benefits: influencing platform direction while sharing financial success that reached an impressive figure of $1. million during Q1 of 2024.

total protocol revenue generated,
33% goes directly to active holders of $sPRIMES,
33% gets allocated towards further development,
and another
33% safeguards protocol insurance funds,

The supply dynamics for emissions are dynamically calibrated based on prevailing market conditions ensuring economic stability alongside sustainable growth rates.
During times when demand increases significantly,
supply will be adjusted accordingly;
when demand weakens,
token buybacks will be initiated.
It is important to note that although not classified as stablecoins;
$imes’ value may fluctuate based upon supply-demand factors

With regards to concentrated LP-tokens used primarily within platforms’ ecosystems—$sPrimes stand out by.
They offer both dedicated currency status alongside powerful governance potential.
For example:
keeping underlying liquidity centered around current enhances their value proposition encouraging more users supporting platform-growth initiatives

Delta Prime Leads With Community-Driven Governance

Atthe heart of our approach lies transparency & user-centric decision-making structures empowering our valued users.
$sPrimes holders not only share-to one-third(33%)of protocol revenues but also gain voting rights shaping policies & direction.
Governance points are awarded based upon holding ratios equivalent respectively:
sPrimers per each unit utilized either borrowed or lent-out from/onto our platform;
creating democratic processes reflecting collective opinion facilitating decentralized governance models embodying active users supporting us today,

Security Remains Paramount

We prioritize securing user funds above all else!
This commitment coupled alongside strategic expansion helps assure reliable presence amidst dynamic DeFi landscapes:
To mitigate inherent risks associated we have established comprehensive security features safeguard assets whilst ensuring secure operations:

-Borrowed funds restricted solely towards pre-approved protocols/tokens illicit usage prevention mechanism implemented preventing defaults/delinquencies
-insolvency protection upheld thanks liquidation bots monitoring loan health,

Gearing up presently seventh audit round we remain steadfastly committed towards preventing manipulative practices leveraging exploit vulnerabilities In unlikely where multiple checks fail; affected depositors shall receive compensations courtesy insurance fund maintained proactively protecting depositor-assets even worst-case scenarios We continue offering secure reliable platforms today&far into future!

About Us:

Delta Prime stands uniquely positioned at forefront unlocking maximum potential cryptocurrencies via providing secure under collateralised loans focusing maximising capital utilisation efficiency find prime-Account holders benefit latest optimised transactions built atop Avalanche/Arbitrum back enabling swift reliable transactions involving important investments! Our inventive Diamond Beacon Proxy pattern enables scalable escrow smart contracts allowing lightning-fast integrations unto De-Fi spaces!

To learn more about us please visit:
X |
Discord |
Medium |
GitHub

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