SolanaPrime Price (PRIME)

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.

SolanaPrime IDO will happen on SolanaPrime launchpad exclusively.

SolanaPrime Powers

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.