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How To Cache PRIME To Earn PROMPT on Wayfinder
A tutorial for one of the most promising AI agent protocols
Lately, we’ve all noticed the interest in AI agents picking up, but so has the buzz around one major protocol yet to launch a token in this sector called Wayfinder. Wayfinder is a decentralized protocol for enabling AI agents on blockchain networks, kinda like Jarvis for DeFi if you’re familiar with Iron Man. If you’re a subscriber, we covered Wayfinder in depth with a comprehensive interview on The Edge Podcast in December!
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For anyone who holds PRIME or plans to acquire the PRIME token (official CoinGecko listing here), here’s a 4-minute tutorial above on how to get started caching PRIME to earn a PROMPT airdrop, plus a few risks to consider below.
Smart contract risk in Wayfinder or any related pathways defined by Wayfinder
Front-end spoof attack on an app frontend
An economic design exploit in Wayfinder
Colluding signers on any multisig related to underlying DeFi protocols used
Systemic risk across DeFi, such as stablecoin depegs
A failure of the Wayfinder ecosystem to launch a PROMPT token
Go to the Wayfinder app here and connect an Ethereum or Base wallet. (Disclosure: That is my own referral link.)
Assuming one already has PRIME on Ethereum Mainnet or Base, you can choose to Cache Prime and then specify how much to cache and click Next Step.
Then specify how many days to lock up PRIME, knowing you can earn a higher multiplier on your points (called Modifier) based on caching/staking PRIME for longer, but also considering you cannot touch that liquidity for an extended time. The maximum time to cache is 893 days, originally it was 1095 days beginning on June 5, 2024. The minimum time to cache is 21 days, which can be continually extended while earning higher multipliers if one prefers not locking up for longer, but instead to Extend Cache every 20-21+ days or more.
Lastly, click Preview PRIME Cache + Cache PRIME and confirm the transaction in one’s wallet.
Disclosure: DeFi Dad has held PRIME since token launch and is currently caching PRIME for PROMPT.
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