Hey everyone - we want to share an important update.
We’ve made the difficult decision to sunset Prime Protocol, the first ever cross-chain lending platform.
As part of the wind-down process, we kindly ask all users to:
Repay any outstanding borrows
Withdraw all deposits
This wasn’t an easy call. Many of you have been with us since day one - testing, supporting, giving feedback, and believing in the vision of a seamless, chain-agnostic lending experience. We’re incredibly grateful for that.
We know this may be disappointing, especially given the excitement around future versions and the broader cross-chain ecosystem. This community has been the heart of Prime, and we truly appreciate every message, every test, every suggestion, and every bit of trust you placed in us.
Even though Prime Protocol is sunsetting, we remain optimistic about the future of crypto and believe there are still multiple layers of innovation ahead. We fully expect to be contributing to this space again in meaningful ways.
Thank you, sincerely, for your support, curiosity, and conviction.
❤️ The Prime Protocol Team
Hi all - We will be reducing support for the website and services at the end of this month. The protocol has been deprecated for over 5 months now. Please remove any outstanding liquidity from the app dashboard. Thanks for your attention to this.
Please repay any remaining borrows and withdraw liquidity from the app dashboard as soon as possible. Prime Protocol has been deprecated for over 3 months now. We thank everyone for your attention to this.
Please repay your borrows and withdraw liquidity before November 30. We still have ~$180K open borrows on the platform; Let's get this down to $0. We appreciate your attention to this! 🙏
Cross-Chain DeFi Deep Dive!🎯
Join us Wed 7:30PM UTC for an exclusive chat with @prime_protocol, hosted by our community manager @9Flare.
Topics Include:
• Multi-chain lending strategies 🔄
• DeFi x AI future developments 🤖
• Profitable uses of cross-chain protocols💰
We will be raffling off $HOODIE tokens for anyone who attends and engages with our hosts.
These tokens are redeemable for a Free Oku Hoodie shipped right to your door!
(yes its the one Poku is wearing below) 🐼
Don't Miss this!
🚨 @Prime_Protocol is hiring! 🚨
We are looking for an experienced Solidity engineer to join our team.
If interested, please apply directly here: https://t.co/Ubn9qCgIEo
Stay tuned for more updates on the Prime ecosystem soon 🙏
1/ Points Snapshot
We’ve taken a snapshot today, concluding our V1 points program.
Thank you to our early participants for your feedback and validation of our V1 product. Details regarding all accrued points will be shared soon.
3/ Prime v2
We recently closed a strategic round, made new hires, and are building out our V2 product.
There will be more announcements regarding our V2 product vision coming next week. Stay tuned for the next phase of Prime Protocol.
https://t.co/Vx1P8pLstr
🚨 Exciting news! 🚨
1/ We are excited to announce a recent strategic round of $1.25M. The round had participation from @Arrington_Cap, @wagmi_vc, CryptoDiscover, Daemon Ventures, and select angels and DAOs from the DeFi ecosystem.
2/ We're thrilled to have this secured and unlock the next phase of @prime_protocol. Our funding is being used to build our V2 product and expand the marketing and engineering teams.
We're thankful for the continued support! Stay tuned for more updates coming soon.
🚨 Exciting news! 🚨
1/ We are excited to announce a recent strategic round of $1.25M. The round had participation from @Arrington_Cap, @wagmi_vc, CryptoDiscover, Daemon Ventures, and select angels and DAOs from the DeFi ecosystem.
📣 Moonrise Points are now LIVE!
You might not be an Olympian, but you can still dive into the Moonbeam ecosystem through Moonrise Points. 🏅
Join, swap, and collect points to climb the leaderboard.
Earn and Compete:
Moonrise Points isn’t just another campaign; it’s a way to engage with platforms, earn rewards, and showcase your prowess within the Moonbeam ecosystem.
🪜 Participate in various activities to earn points and climb the leaderboard.
👀 The top performers will receive rewards, including GLMR tokens and other exclusive benefits.
What can you do?
▪ Use @MoonwellDeFi to engage in decentralized lending and borrowing.
▪ @StellaSwap provides you with a platform for secure and seamless trading.
▪ Enhance your crypto returns through @beamswapio’s effective yield farming.
▪ Try @prime_protocol to transfer assets across blockchains with ease.
▪ @okutrade offers optimized yield farming to help improve your returns.
To participate, go through each Moonrise Points module and earn your points to get a higher spot on the leaderboard. The higher you climb the more likely something will be headed your way.
Visit the link below and start earning points as you make your way through Moonbeam's ecosystem. 👇
Prime Protocol is hiring - Round 2! 📢
We are searching for a Senior Smart Contract Engineer.
Read through the job description and apply here: https://t.co/uXOSWYHsW7
Want to win up to $1800?
Are you good at making videos? Then this one is for you 📹
We want some top-notch videos exploring each DEX in our ecosystem.
Learn how to enter here: https://t.co/UTFCJXjJsy
✨ @prime_protocol is the gateway to cross-chain lending & borrowing 💪
➡️ Deposit or borrow assets on 9 chains natively only on #PrimeProtocol 🤩
🔸Earn up to 3x points on every dollar deposited per year, and up to 9x points on every dollar borrowed per year 🤩 🥂
🔹Also, refer new users to #Prime & earn 10% of all points that user gains!
#DeFi #NFTs #Crypto
Accidentally repay a borrow twice on Prime?
Your funds are not lost, they become a borrow credit 🪙
Take a borrow for the same amount of the asset you repaid, and you'll receive your funds back without needing to repay again.
1st Quest: Start by depositing into @prime_protocol, which enables cross-chain deposits and borrows across any chain.
Start the quest now:
https://t.co/ym3U10ZzLS