Readers should consider starting with the PrimeDAO Litepaper and first two blog posts: Introducing PrimeDAO, and From Incubation to Growth, in order to fully understand the token distribution and strategy driving the upcoming Initial Decentralized Offering.

Co-creating Collective Value
Understanding PRIME
Distribution Breakdown
Mesa and the Initial Decentralized Offering
Common Questions and Answers
Refrain: Call For Contributors

Co-Creating Collective Value

PrimeDAO’s mission is to facilitate the wide adoption of open finance by coordinating and cultivating projects that promote safety, reliability, liquidity, and open access, while avoiding centralized appropriation of critical financial infrastructure through decentralized governance.

While some readers may only be interested in the distribution breakdown of PRIME — the native token of PrimeDAO — and Initial Decentralized Offering (IDO) mechanics, it’s important to understand the underlying philosophy and strategy guiding such offering, and align on common…


First product powered by Prime Rating

Half-page Pool Factsheet providing a complete overview of the Prime DeFi pool

PrimeDAO is excited to launch the Prime DeFi pool on the dHEDGE decentralized asset management platform. The Prime DeFi pool is the first product powered by Prime Rating, a permissionless rating protocol incubated by PrimeDAO. On the day of rating (April 15th, 2021), the pool has attracted over $125K in value with a lifetime return of 21.96% since its soft launch on March 24th.

A huge thanks to the dHEDGEDAO and community for accepting Prime DeFi in the second dHEDGE DAO Open Call for Manager supporting the pool’s successful launch.

dHEDGE “democratizes investment and tears down the barriers for investors…


A permissionless framework for quantifying risk and quality of open finance protocols.

Screenshot of the Beta Prime Rating application — join here!

The Prime Rating squad is pleased to announce the Public Beta of Prime Rating, a permissionless and comprehensive framework for quantifying the quality and risk of Open Finance protocols.

👨‍💻 Beta App | 📄 Docs |💬 Discord |🌺 DAO | 📈 Start Rating!

The Decentralized Finance industry has seen exceptional growth in 2020, growing from a mere $1B to over $20B of total value locked in DeFi applications currently. The potential of a permissionless and composable financial system is becoming increasingly clear, but this fast growth trajectory also comes at a cost: high knowledge asymmetry, increasing complexity, and coordination friction…


Lock your PRIME tokens to earn Reputation in PrimeDAO

🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter | 📨 Newsletter

➡ Lock your PRIME tokens at https://primelock.eth.link/ today!

PrimeDAO needs good governance! To align all DAO participants with Prime's long-term success, the DAO has come up with a locking mechanism that lets PRIME holders earn voting rights — also called Reputation (REP) — by voluntarily withdrawing PRIME from circulation.

Reputation will allow PRIME holders to vote on DAO-funded proposals, interface, and protocol changes as PrimeDAO paves the way towards sustainable decentralized finance. …


A permissionless framework for quantifying risk and quality of Open Finance protocols.

Screenshot of the Beta Prime Rating application — join here!

The Prime Rating squad is pleased to announce the Public Beta of Prime Rating, a permissionless and comprehensive framework for quantifying the quality and risk of Open Finance protocols.

👨‍💻 Beta App | 📄 Docs |💬 Discord |🌺 DAO | 📈 Start Rating!

The Decentralized Finance industry has seen exceptional growth in 2020, growing from a mere $1B to over $20B of total value locked in DeFi applications currently. The potential of a permissionless and composable financial system is becoming increasingly clear, but this fast growth trajectory also comes at a cost: high knowledge asymmetry, increasing complexity, and coordination friction


PrimeDAO Liquidity Mining Ending and Update

🕸 Site | 📄 Docs | 💬 Discord | 🐤 Twitter | 📨 Newsletter

⚠ Users should have withdrawn their PRIME rewards from the liquidity mining contract by January 7th, 2021 to claim their accrued Balancer Pool tokens. Please read this article carefully if you are a user who participated in the first PRIME Liquidity Mining Program and would like to claim your BAL.

PrimeDAO’s first Liquidity Mining program — outlined here — has ended. This article outlines how users who have earned PRIME rewards by staking BPRIME tokens can claim Balancer Tokens (BAL)


Kickstarting the first builder cycle

🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter | 📨 Newsletter

📄 Read the PrimeDAO Litepaper

It’s here! The Mainnet PrimeDAO has launched, marking the start of the Growth stage of PrimeDAO’s evolution towards maturity.

In this stage, PrimeDAO utilizes the Alchemy platform by DAOstack for protocol governance and resource allocation. To learn more about the process by which the DAO’s membership, largely made up of token holders, ambassadors, and contributors, are rewarded with Reputation or PRIME in exchange for their skin in the game, good governance, or contributions made read our blog about Reputation in Growth.

Current Objectives…


A Summary of Events

Key numbers
Total PRIME distributed:
1,690,000
Total USDC raised: ~ 705,000 USDC
Total PRIME token holders: 439
Total PRIME in circulation: 1,690,000 (IDO) + 500,000 (Farming) + 161,290 (Balancer Pool Bootstrap) = 2,351,290
Liquidity in Prime’s first smart pool: $321,000
Percent of BPRIME staked in Prime Pool: 85%
PRIME on Etherscan

After an intense 2 week period, the PRIME Initial Decentralized Offering (IDO) has come to an end. This blog summarizes and discusses PrimeDAO’s next steps.

The Initial Decentralized Offering

The PRIME IDO commenced on Monday, November 16th on an IDO-specific fork of Mesa. Over a period of two weeks, up to 24M (26.67%)…


A Co-Governance Mechanism for PRIME Token Holders

🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter | 📨 Newsletter

This article assumes a general understanding of the tokenomics of PrimeDAO.

PrimeDAO aims to set a new standard for Open Finance Governance by combining token engineering and decentralized governance best practices. In PrimeDAO, decisions are made by the Reputation holders, individuals who have contributed to the development of PrimeDAO by committing their time, knowledge, or resources to the collective. Reputation is non-transferable and can only be created by PrimeDAO as a result of a majority vote. …


Du 16 au 30 Novembre, via un fork de Mesa

Accès direct à la vente de tokens ➡

PrimeDAO est heureux d’annoncer l’Offre Initiale Décentralisée (Initial Decentralized Offering, ou IDO) du token PRIME, prévue pour se dérouler à partir du 16 Novembre 2020, sur une version modifiée de Mesa.

Création collective de valeur

La mission de PrimeDAO est de faciliter l’adoption de la finance ouverte (DeFi) en soutenant et coordonnant des projets qui favorisent sa sécurité, sa fiabilité, sa liquidité et son accessibilité, et en mettant en place une gouvernance décentralisée afin de préserver son caractère public.

Bien que certains lecteurs seront uniquement intéressés par la distribution de PRIME — le token natif de…

PrimeDAO

The Adoption Engine for Open Finance

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