金色财经|Dec 05, 2025 01:14
**[Tokenized Lending Pool Deposit Protocol PRIME Launches on Kamino]**
According to a report by Jinse Finance, Kamino announced on Platform X that the tokenized lending pool deposit product PRIME has officially launched on Kamino. PRIME is jointly developed by Figure and Provenance Foundation, with HastraFi serving as the issuer, offering yield products backed by real estate collateral, with an annual percentage yield (APY) of up to 8%.
Figure is the largest non-bank home equity line of credit (HELOC) originator in the United States, having released over $19 billion in home equity and is listed on Nasdaq.
Figure has built the credit infrastructure behind PRIME, including licensed mortgage origination, loan servicing, and an on-chain system supporting "Democratized Prime."
Through this infrastructure, Demo Prime brings real U.S. home equity line of credit (HELOC) lending operations on-chain. A HELOC is a credit line that homeowners can obtain by using their property as collateral. PRIME tokenizes such lending activities, enabling users to directly access institutional-grade credit services within the Solana decentralized finance (DeFi) ecosystem.
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