1/ The end game for liquid staking tokens.
Introducing Prisma Finance - A non-custodial and decentralized Ethereum LST-backed stablecoin.
mirror.xyz/0xcaD965355028…
1/ We are thrilled to announce the successful deployment of Prisma Finance on the Ethereum Mainnet!
Starting Friday 9am UTC, you can dive into the protocol via the Prisma app at prismafinance.com
Full announcement: mirror.xyz/prismafinance.…
A🧵
1/ A stablecoin designed to move across chains frictionlessly, an omnipresent base layer currency abstracting value transfers cross-chain.
The next generation of stables is omnichain🌈
Introducing the integration of mkUSD on @StargateFinance powered by @LayerZero_Labs 🌉
1/ Introducing $ULTRA, sound money backed by LRTs🌈
A new borrowing protocol developed by @PrismaFi, PrismaLRT offers unparalleled efficiency for Liquid Restaking Tokens (LRTs).
Let's see how 👇
We're thrilled to announce that $PRISMA, the Prisma Governance Token, is live now on Ethereum mainnet!🌈
Ethereum Address: 0xdA47862a83dac0c112BA89c6abC2159b95afd71C
The future of LSTfi is here!
1/ While conceptualizing Prisma Finance, we introduced several properties to the protocol that we believe would help realize the full potential of Ethereum liquid staking tokens. This is how we set ourselves apart.
New launch parameters are live!🌈
- New Debt Cap increase 📈
- Minimum Collateral Ration at 110%🔽 (for wstETH, rETH & sfrxETH)
- Interest Borrow rate at 1%✅
Less than one hour to go before the start of $PRISMA emission!
1/It's time for a new LSTfi era🌈
$PRISMA will be live Thursday, 02/11 at 00:00 UTC
This new phase for Prisma will be preceded by revised debt caps for our four collaterals and lower minimum collateral ratios for $wstETH, $rETH, and $sfrxETH, one hour before.
We're excited to unveil the Prisma Retroactive Airdrop🌈
All veCRV voters who helped whitelist Prisma on @CurveFinance and Prisma Point holders are eligible for the airdrop.