DeltaPrime Announces Token Generation Event (TGE) on Uniswap and Trader Joe, Launching $PRIME and $sPRIME Tokens on July 1st, 2024

June 26, 2024* — DeltaPrime, a decentralized borrowing and investing platform, is thrilled to announce their Token Generation Event (TGE) on Uniswap and Trader Joe.

DeFi platform DeltaPrime is set to launch their Token Generation Event (TGE) on Uniswap and Trader Joe with the introduction of the $PRIME and $sPRIME tokens on July 1st, 2024. Operating on the Arbitrum and Avalanche networks since the bear market, DeltaPrime has crafted a unique tokenomics design to foster stable growth in their liquidity pools and enhance community rewards and governance capabilities.

Born in the bear market, DeltaPrime propels DeFi from overcollateralized past to undercollateralized future crypto loans.

Community minded and transparent, DeltaPrime has developed a novel protocol with top-tier security for trustless, undercollateralized borrowing of crypto assets to be used for trading, yield farming, and liquidity providing on other whitelisted protocols. This enables users to amplify their capital efficiency and trading strategies.

After kicking off 2024 with Q1 protocol revenue exceeding $1.5M and a notable 58% oversubscription in the community Seed round of ColonyLab, investor confidence in DeltaPrime's vision and execution continues to propel the platform forward. Furthermore, a significant LTIPP grant of 750,000 ARB, on par with those well-established platforms like Lido and Aave have received, highlights DeltaPrime's emerging stature and reliability in the DeFi space. But unlike Aave, DeltaPrime propels the DeFi industry from the overcollateralized past to the future of undercollateralized crypto loans.

Now, with the launch of $PRIME and $sPRIME, DeltaPrime preserves its sustainable business model while also rewarding and steadily transitioning governance to its biggest supporter, its community. Together, these tokens will revolutionize advanced DeFi trading and governance.

Advanced Trading and Governance: Revolutionizing DeFi

$PRIME and $sPRIME empower users with enhanced trade and LP capabilities utilizing idle capital and 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 integral 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

Uniquely, $PRIME facilitates the creation of $sPRIME through liquidity pairings, such as PRIME-AVAX or PRIME-ETH, embedding it deeply 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. This revenue distribution model ensures the platform's long-term sustainability and rewards those who contribute to its success.

$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

DeltaPrime 方法的核心是对透明度的承诺和将决策权直接交到用户手中的治理模型。为平台发展做出贡献的 $sPRIME 持有者不仅获得了协议收入的惊人 33%，而且还获得了决定平台政策和方向的投票权。用户通过持有 10:1 的 $sPRIME 与协议使用率来获得治理积分，无论是作为平台上的借款人还是贷方。这种民主流程确保每项决策都反映平台使用者的集体意愿，从而形成由活跃的 DeltaPrime 用户组成的真正去中心化的治理结构。

优先考虑安全

在 6 次成功的审核中，DeltaPrime 优先考虑了用户的安全资金高于一切。这种对安全的承诺，加上 DeltaPrime 的战略

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