Hastra is a decentralized finance (DeFi) yield platform built on the Provenance blockchain that provides high-yield products backed by tokenized Real-World Assets (RWAs). [1] [3]
Hastra positions itself as a "collaboration layer" designed to connect institutional-grade credit and other RWAs with DeFi utility. The platform's stated goal is to solve the problem of on-chain assets that lack practical usability by standardizing how institutional credit integrates with Solana's infrastructure, including wallets and liquidity protocols.
The project's vision is to democratize access to institutional-grade investment opportunities that have traditionally been exclusive. It aims to dismantle barriers in the traditional financial system, such as accredited investor rules, to make such wealth-building tools more widely available. By using public blockchain technology, Hastra seeks to disintermediate the financial system, connecting capital sources directly with capital uses to provide higher returns for users and lower rates for borrowers.
A key aspect of Hastra's model is its approach to value accrual. Instead of creating its own proprietary governance or fee-sharing token, the platform is designed to channel its success and value back to the holders of HASH, the native token of the Provenance Blockchain. This integration reflects the project's origins within the Provenance ecosystem. [2] [4]
Hastra was incubated by Figure Technologies, a fintech company focused on blockchain-based financial services and loan origination, and the Provenance Blockchain Foundation, which supports the public blockchain built for the financial services industry. While Hastra is built natively on the Provenance Blockchain, its primary tokenized products are issued on the Solana blockchain to leverage its DeFi ecosystem. [2]
Hastra Prime ($PRIME) serves as the primary token associated with Hastra’s yield-focused products, functioning as both the platform’s core rewards asset and its liquid staking token. The token, known as Hastra $PRIME and traded under the ticker $PRIME, is issued on the Solana blockchain and follows the SPL token standard. [6] [9]
To obtain PRIME, users stake their wYLDS tokens, minting PRIME at a 1:1 ratio. The PRIME token then accrues a boosted yield derived from these institutional-grade lending pools. While staked, the PRIME token remains liquid and can be used as collateral or a yield-bearing asset in other DeFi protocols. This mechanism is intended to democratize access to institutional lending opportunities. [1]
The wYLDS token is a liquid, yield-bearing token that serves as the base asset in the Hastra ecosystem. It represents a claim on yield generated from a diversified pool of RWAs. The token is designed to earn yield passively within a user's wallet and is fully composable, meaning it can be transferred, traded, and utilized in other DeFi protocols on Solana. [1]
Figure Technologies and the Provenance Blockchain Foundation are Hastra's incubators. This relationship provides Hastra with access to institutional-grade financial assets, such as the Figure HELOCs that back PRIME's yield. The integration with the Provenance ecosystem is further demonstrated by Hastra's official community being hosted on the Provenance Blockchain Discord server. [8] [1]