PRIME Price
Contracts/Explorers:
Solana
Funds and Backers
IDO
26 May 2022 — 26 May 2022
Raised
$ 150.00K
Price:
$ 0.600
ROI:
0.01x -99.3%
Platform:
N/A
ATH ROI:
1.86x +86%
SolanaPrime is the dApp to supercharge the Solanaverse. Capital markets efficiency and deflationary tokenomics are at the core of the launchpad, built by veterans of the industry. SolanaPrime's tokenomics are deflationary due to IDO participation fees.
SolanaPrime combines a unique insurance fund to protect investors and ensure maximal capital efficiency. The unique Tokenized Index Pool of IDO'd tokens provides allows community exposure to a less risky portfolio. Tradeable NFT Tier allocations supercharge token velocity and make stake PRIME capital work.
Smart Tiers
Consists of the Pool Weight Multiplier, Pool Odds Multiplier, Distribution Balancer Factor, and the Tail Balancer.
Insurance
PRIME Stakers can buy Insurance against an IDO gone wrong. Insurance fees feed the insurance fund.
Liquid Allocations
A secondary market for IDO allocations allowing investors to lend out their stake earning interest while helping other investors dynamic access to IDOs.
Index
Every project that launches and IDO on SolanaPrime platform will contribute 10% of the tokens to the SolanaPrime Index pool. This pool will mint the $iPRIME token, its value will be intrinsically backed by the basket of IDO tokens underlying it and users can pay a premium to redeem the underlying tokens.
Delegation
Stakers can work together to have access to higher tiers by forming 'Prime access pools' allowing them to pool individual stake.
Charge
$PRIME unstake carries a 10% charge with it. 1/2 of the fee is to be burned the other 1/2 is to be distributed back to stakers.
Prime DAO
$PRIME is used to vote on system parameters, introduce improvement proposals etc.
Burn Booster
Users can burn $PRIME proportionately increasing the odds multiplier and the pool weight. The effect lasts for one IDO. The Burn Booster is a much cheaper option then buying the amount of $PRIME required for the same weight and multiplier.
SolanaPrime's current price is $ 0.00439, it has increased +0.05% over the past 24 hours.
SolanaPrime's All Time High (ATH) of $ 1.12 was reached on 11 Oct 2022, and is currently -99.6% down.
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