Saving in PRN gives you more than just a place to hold tokens. It’s a way to unlock extra benefits, lower fees, and participate directly in the Peoples Reserve ecosystem while still keeping Bitcoin at the center of your financial strategy. This article explains what PRN is, why saving in PRN matters, and how it benefits you.
What is PRN?
PRN stands for Peoples Reserve Network Loyalty Token. PRN is the native loyalty token of the People's Reserve ecosystem. Holding PRN unlocks tiered benefits including reduced borrowing rates, lower swap fees, fee rewards, and exclusive access to new products.
Why Save in PRN?
By holding PRN, you gain access to a wide range of benefits across the platform:
- Lower borrowing costs: Reduce APRs on Bitcoin Powered Mortgages and lines of credit.
- Higher savings yields: Earn higher APYs in vaults and RWA products.
- Discounted fees: Save on entry, exit, swap, and debit card load fees.
- Loyalty rewards: Earn participation fee rewards and loyalty bonuses as your PRN ratio grows.
- Access to new products: Be first in line for innovative financial tools powered by Bitcoin and PRN.
How the Loyalty Logic Works
The system is automated, transparent, and based on a simple PRN-to-Portfolio Ratio.
- Acquisition: Purchase PRN directly on the platform to begin your journey.
- Dynamic Tracking: The system monitors the value of your PRN relative to your total portfolio (including BTC, Gold, and other assets).
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Automatic Tiering:
- Basic (<1.99%): Standard access.
- Silver (2% – 5.99%): The "Entry Professional" level with initial fee discounts.
- Gold (6% – 9.99%): Significant yield boosts and reduced borrowing costs.
- Diamond (10%+): The pinnacle of platform utility—3% APR mortgages and 100% fee rewards.
- The Weighted Average: For long-term products like the Base Mortgage Rate (BMR), your benefits are calculated based on the average Loyalty Level maintained over the life of the loan.
Why It Matters
Traditional finance ties rates and yields to fiat benchmarks. Peoples Reserve is building a free market system where savers, not banks, define true risk-free interest rates. By saving in PRN, you become part of that system and directly empower Bitcoin-backed lending without reliance on fractional reserve practices.