Introduction

The Primis Protocol operates on a foundational treasury-backed token model, which ensures a 1:1 backing of PRM tokens, imbuing them with the unique characteristics of a meta-Liquid Staking Token (LST) and Liquid Staking Power (LSP) token. The treasury, known as the Primis Treasury, is the core financial repository where all bond system deposits are collected. Upon receipt, these deposits undergo an automated management and accounting process, facilitating the activation and support of the various components of the protocol as previously outlined.

In the subsequent sections, we will delve deeper into the mechanics of how the system processes deposit assets and leverages them in conjunction with various protocols, through the use of vaults and strategic initiatives, to optimize the utilization of the protocol's LSTs.