Governance Model

Locking PRIMIS

The Primis Protocol operates under the governance of PrimisDAO, a completely decentralized autonomous organization. By engaging in the governance process, participants directly influence the ownership and operational model of the Primis Protocol through the governance token, PRIMIS. To partake in governance activities, users are required to lock up their PRIMIS tokens, which in turn grants them voting power. This voting power is then applied across a spectrum of governance functions and activities, allowing token holders to shape the future direction and policies of the protocol.

Treasury-backed Strategy Vaults

The Primis Protocol's governance model positions it as a key LST liquidity provider and Strategy Manager, enabling the flexible allocation of bond assets and treasury yields to various protocol integrations. Governed by its community, it ensures control over additional rewards, making it a universal platform for LST liquidity provision and LSP management.

Emissions Voting

In the active governance system of Primis Protocol, users can vote on PRIMIS emissions through an emissions voting system by locking their PRIMIS tokens. This process allows users to influence the incentive structure of the protocol, including how Liquid Staking Power (LSP) is directed through staked PRM. By participating in emissions voting for various vaults, strategies, and pools, users play a direct role in determining the allocation of LST liquidity within the Primis Protocol ecosystem.

Boosted Emissions Rewards

Users with lock weight are eligible to receive boosted PRIMIS emissions. "Boost" refers to a bonus on claimable PRIMIS tokens that a vault receives based on it's locked PRIMIS weight. A user with "max boost" earns PRIMIS rewards at 2x the rate of a vault that is unboosted.