What is PRIME?

Hastra is a decentralized protocol established on the Solana blockchain, focusing on bridging real-world assets with decentralized finance (DeFi). The protocol allows for the tokenization of access to Figure's loan portfolio, which is associated with a regulated financial services company that has originated over $17 billion in loans. This structure enables users to earn yields based on actual consumer lending operations.

The ecosystem includes two main yield-bearing tokens: wYLDS, a wrapped version of Figure's stablecoin, and PRIME, a liquid staking token that generates yield from Figure's HELOC lending pools. Both tokens are designed to be composable with various DeFi platforms on Solana, supporting a framework that emphasizes authenticated lending operations and regulatory compliance as opposed to speculative trading.