Prime Protocol Roadmap H1 2024

Prime Protocol
Prime Protocol
Published in
2 min readFeb 13, 2024

We know the Prime community is READY to hear what we’re up to in 2024! First off, we want to thank our fantastic community for their support since DAY 1. We couldn’t have gotten to this stage without you.

Market’s heating up. We’ve been heads down, busy at work. Let’s quickly summarize some amazing updates from the past couple months:

  • We have more than 12,500 users globally in our cross chain ecosystem.
  • Our innovative, cross chain lending is live on 9 platforms with 39 different collateral types.
  • Our Points program is live and thriving. More details regarding utility and Points opportunities coming soon.

We are the FIRST truly cross chain lending platform. And we’ve been marinating our product in Mainnet since May of 2023. We care about the durability and stability of the protocol, and we will continue prioritizing this in the coming months.

And we’re ready to take Prime to new heights this year. Here are some of the key things we have in store for the first half of the year:

Q1 2024

  • Close a strategic fundraising round to supercharge Prime — this is close to done.
  • We’ve relied on organic growth and minimal marketing budget to get to 50K followers on Twitter and 27K Discord members. We will be expanding the Prime team to truly become the all-encompassing cross-chain app that DeFi desperately needs.
  • Formally introduce Prime Ambassadors
  • Fully integrate with LayerZero v2 to upgrade our entire infrastructure for more flexibility, more durability, faster transactions, cheaper gas, and more chains.
  • Onboarding more chains and collateral types. We’re always listening to community feedback in regards to what chains and assets our users want to use on Prime.
  • Pursuing partnerships to provide more strategic liquidity incentives across our supported chains

Q2 2024

  • Prime 2.0 — UI/UX Overhaul
  • Additional audits
  • Will it be PRIME time for a token launch?

Lots to do. And we want to do it right. Join us on the journey of unlocking the full potential of cross-chain for all. Deposit now: https://app.primeprotocol.xyz/

--

--

Prime Protocol
Prime Protocol

Decentralized Prime Brokerage. Cross chain margin where you need it most.