What is Prime Numbers Labs?

Prime Numbers Labs is a blockchain-development studio founded to create an omnichain decentralized finance (DeFi) ecosystem centered around the PRFI utility token. The studio has developed three main applications: PrimeFi, a LayerZero-enabled lending and borrowing protocol that supports over-collateralized loans across different chains; PrimeStaking, which utilizes a derivative-staking model where fungible tokens are locked in NFTs to generate on-chain yield; and PrimePort, an NFT marketplace on the XDC Network that facilitates multichain trading and optionally offers NFT staking rewards.

The PRFI token functions as an omnichain fungible token that allows for native movement across supported networks using LayerZero technology. The ecosystem is designed to integrate various functionalities while reinforcing the central role of the PRFI token within its applications.