Prime Account
Your Prime Account is your main hub within the DeltaPrime Ecosystem. It consists of your account overview and your portfolio. It is the central place from where you manage your collateral and funds. Here you trade, provide liquidity, and farm. It is also the place where you can find and invest in your preferred combination of integrated protocols.
Dedicated Smart Contract
When you create your Prime Account, a new, dedicated smart contract is created on the blockchain with it. Any borrowed funds, as well as your own collateral, is sent to this smart contract. As the account holder, you are the sole owner of this smart contract. Through interacting with your Prime Account you decide what the contract does. Should it trade AVAX for ETH or the other way? Should it stake all your borrowed funds for multiplied returns, or keep a part in stables to DCA? You are the only one who decides what happens with the funds in your Prime Account.
Safety
At the same time, the smart contract of your Prime Account has safety features built in. It is, for example, not possible to send all borrowed funds to your own personal wallet. Neither can you create your own token and invest borrowed funds into that to rug pull yourself. The smart contract has safety measures in place like liquidation bots and whitelisted protocols to make sure that you can go as safe or as degen as your heart desires, but that you never risk more than your collateral.
Cross-margin
Prime Accounts work fully cross-margin: No matter the pools you borrow from or investments you make, your health factor is calculated over the full combination of your passive and active investments. By investing cross-margin, you soften potential effects of sudden price spikes in one specific asset, and can perform better risk management on your full portfolio.
Last updated