We are thrilled to announce the launch of the Primis Protocol Public Testnet on Holesky. This is not just any testnet—it's an incentivized testnet designed to engage our community, test our system's robustness, and reward participants for their contributions. This is your chance to be a part of the future of decentralized virtual worlds.
In our public testnet, users will have the opportunity to deposit ETH or Staked ETH into the Primis Bonds. Upon making a deposit, users will receive a Primis Bond NFT. This NFT is more than just a collectible; it will serve as a gateway to our decentralized game servers and the PRMworld Alpha, our upcoming virtual worlds.
ETH and Staked ETH Deposits: Users can deposit ETH or stETH into Primis Bonds.
Primis Bond NFTs: Upon deposit, users receive a Primis Bond NFT. This NFT is your ticket to the future of decentralized gaming, providing access to game servers and the PRMworld Alpha.
Yield Generation: Deposits into Primis Bonds yield returns through our innovative Hyper Liquid Staking mechanism. Users earn fixed-rate bond yield tokens (PRM) and principal tokens (prmETH), maximizing their staking rewards while maintaining liquidity.
We invite you to join us in this exciting new chapter as we launch the Primis Protocol Public Testnet. Your participation will help shape the future of decentralized virtual worlds and gaming servers. Deposit your ETH or stETH, earn your Primis Bond NFT, complete quests, and start earning rewards today.
Stay tuned for more updates, and thank you for being a part of the Primis Protocol journey. Together, we are building the foundation for a new era of decentralized virtual worlds economies.
We are thrilled to announce the launch of the Primis Protocol Public Testnet on Holesky. This is not just any testnet—it's an incentivized testnet designed to engage our community, test our system's robustness, and reward participants for their contributions. This is your chance to be a part of the future of decentralized virtual worlds and gaming servers.
The Primis Protocol Public Testnet is an 8-week incentivized adventure where users can explore our innovative ecosystem, contribute to its development, and earn rewards. This testnet will provide the first opportunity to engage with the cutting-edge features we've been developing, offering a glimpse into the decentralized virtual worlds Primis Protocol aims to create.
Deposits and Primis Bonds:
ETH and Staked ETH Deposits: Users can deposit ETH or stETH into Primis Bonds.
Primis Bond NFTs: Upon deposit, users receive a Primis Bond NFT. This NFT is your ticket to the future of decentralized gaming, providing access to game servers and the PRMworld Alpha.
Yield Generation: Deposits into Primis Bonds yield returns through our innovative Hyper Liquid Staking mechanism. Users earn fixed-rate bond yield tokens (PRM) and principal tokens (prmETH), maximizing their staking rewards while maintaining liquidity.
Hyper Liquid Staking Explained:
Yield Stripping and Compression: The deposited LSTs are split into yield and principal components. The yield is further compressed and split into fixed-rate bond yield and floating rate staking rebase yield, enhancing stability and predictability.
Vault Strategies: Deposited assets are deployed into high-yield platforms and diverse protocols to maximize returns.
Rebasing Yield: Additional floating yield is rebased to the staked PRM token (sPRM), ensuring continuous and enhanced returns for users.
Off-Chain and On-Chain Quests:
An incentivized testnet offers numerous advantages:
Real-World Testing: By engaging real users with real incentives, we can test the system under realistic conditions, identifying and resolving issues before the mainnet launch.
Community Engagement: Incentives motivate users to participate actively, fostering a vibrant and engaged community.
Rewarding Contributions: Participants are rewarded for their efforts, encouraging continued involvement and support for the project.
Data Collection: The testnet allows us to gather valuable data on system performance, user behavior, and potential improvements, ensuring a robust and reliable mainnet launch.
We invite you to join us in this exciting new chapter as we launch the Primis Protocol Public Testnet. Your participation will help shape the future of decentralized virtual worlds and gaming servers. Deposit your ETH or stETH, earn your Primis Bond NFT, complete quests, and start earning rewards today.
Stay tuned for more updates, and thank you for being a part of the Primis Protocol community. Together, we are building the foundation for a new era of decentralized virtual economies.
Visit app.primisprotocol.com to start your adventure, earn XP, and be a part of the Primis Protocol’s innovative journey. The future of virtual worlds awaits!