DeltaPrime Announces TGE of $PRIME and $sPRIME Tokens on Uniswap and Trader Joe

DeltaPrime, a decentralized borrowing and investing platform, is thrilled to announce their Token Generation Event (TGE) on Uniswap and TraderJoe. The TGE marks another advancement in crypto with the launch of the $PRIME and $sPRIME tokens on July 1st, 2024.

DeltaPrime, a decentralized borrowing and investing platform, is set to launch its Token Generation Event (TGE) on Uniswap and TraderJoe. The TGE will mark the launch of the $PRIME and $sPRIME tokens on July 1st, 2024, heralding an era of crypto innovation. Born in the bear market and operating on the Arbitrum and Avalanche networks, DeltaPrime's unique tokenomics design aims to ensure the stable growth of its liquidity pools and enhance community rewards and governance capabilities. Known for its community-mindedness and transparency, DeltaPrime has created a novel protocol with advanced security measures that enable trustless, undercollateralized borrowing of crypto assets to be used for trading, yield farming, and liquidity providing on other whitelisted protocols. The platform's protocol revenue in Q1 this year exceeded $1.5M, and the community Seed round of ColonyLab was oversubscribed by **a** remarkable 58%, indicating strong investor confidence in DeltaPrime's vision and execution. Moreover, **a** significant LTIPP grant of 750,000ARB, on par with those received by established platforms like Lido and Aave, highlights DeltaPrime's emerging stature and reliability in the DeFi space. However, unlike Aave, DeltaPrime is poised to propel the DeFi industry beyond the overcollateralized past into the future of undercollateralized crypto loans. With the launch of $PRIME and $sPRIME, DeltaPrime aims to preserve its sustainable business model while rewarding and gradually transitioning governance to its biggest supporter: its community.

Revolutionizing DeFi: Advanced Trading and Governance

$PRIME and $sPRIME empower users with enhanced trade and LP capabilities, enabling them to efficiently utilize idle capital and participate in robust governance structures, setting new standards for participation and profitability in the decentralized finance (DeFi) landscape.

$PRIME, the primary tradable token of the DeltaPrime ecosystem, is essential to the platform's liquidity framework. **As** a versatile ERC20 token, $PRIME can be traded on open markets, utilized in liquidity pools on decentralized exchanges (DEXs), and transferred between entities, facilitating seamless market interactions. $PRIME means community. **A** unique aspect of $PRIME is its role in creating $sPRIME through liquidity pairings, such as PRIME-AVAX or PRIME-ETH, deeply embedding it within DeltaPrime's operational and governance mechanisms. Contribution to the LP is simplified through the DeltaPrime app, making $sPRIME acquisition a breeze.

$sPRIME marks **a** significant innovation in the realm of DeFi governance and revenue sharing. This LP-token serves as **a** utility token within the DeltaPrime ecosystem and also **as** a vehicle for governance, enabling holders to actively participate in decision-making processes. $sPRIME holders that support the platform's growth enjoy the dual benefits of influencing the platform's direction and contributing to-and sharing in its financial success, which notably amassed $1.65 million in Q1 of 2024. Of the protocol's total revenue, 33% goes to active $sPRIME holders, 33% to the treasury for further development, and 33% to the protocol's insurance funds.

$PRIME emissions are dynamically calibrated based on current market conditions to ensure economic stability and sustainable growth. This adaptive supply strategy helps stabilize $PRIME’s value during market fluctuations, with mechanisms in place to increase supply during high demand and initiate buybacks when demand wanes. $PRIME is not a stablecoin, however, and therefore is susceptible to price variations based on its supply and demand.

$sPRIME stands out by being the first concentrated LP-token used as a platform's main currency, next to generating governance power. The token becomes ‘active' by keeping the underlying liquidity centered around the current price, increasing its value to those that support the platform’s growth.

DeltaPrime Leads with Community-Driven Governance

At the heart of DeltaPrime's approach is a commitment to transparency and a governance model that places decision-making directly in the hands of its users. $sPRIME holders that contribute to the platform's growth not only receive **a** staggering 33% of the protocol's revenue but also gain voting rights that shape the platform's policies and direction. **A** user receives governance points by holding **a** 10:1 ratio of $sPRIME to protocol usage, either as a borrower or lender on the platform. This democratic process ensures that every decision reflects the collective will of those who use the platform, fostering a truly decentralized governance structure made up of active DeltaPrime users.

Prioritizing Security

DeltaPrime prioritizes the security of user funds above all. This commitment to security, coupled with DeltaPrime's strategic expansion, has solidified its position as a reliable and enduring presence in the DeFi landscape. To mitigate inherent risks, DeltaPrime has established a comprehensive suite of safety features designed to protect user assets and maintain the security of the

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