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Al-Driven Crypto Investment Research Revolution

Prisma Governance Token

$00%
PRISMA/USDT
MEXC
Total dollar volume:
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Al-Driven Crypto Investment Research Revolution
Prisma Finance
LST-backed Stablecoin Protocol
prismafinance
Twitter
Categories:
Stablecoin Protocol
DeFi
Ecosystem:
Ethereum
Founded:
2023
Prisma Finance is a non-custodial and decentralized Ethereum LST-backed stablecoin protocol. Prisma allows users to mint a stablecoin (acUSD) fully collateralized by liquid staking tokens. The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX, and PRISMA on top of their Ethereum staking rewards.
Prisma Finance Fundraising
Amount
--
Valuation
--
Date
May 31, 2023
Investors
Tascha Punyaneramitdee
Mr. Block
Eric Chen
Mr. Block
Ivangbi
C2tP
0xMaki
Mirza Uddin
Amplice
Ryan Fang
OKX Ventures
Impossible Finance
Adam Cochran
kinnif
Bobby Ong
Daniel Dizon
Carlos Pereira
TM Lee
Tetranode
DeFi Dad
Michael Egorov
GBV Capital
Agnostic Fund
Investor
0xMaki
TM Lee
Adam Cochran
Bobby Ong
Tascha Punyaneramitdee
Carlos Pereira
Tetranode
Amplice
Impossible Finance
Eric Chen
Mirza Uddin
Daniel Dizon
OKX Ventures
Chinese Mainland
Singapore
Ivangbi
kinnif
Ryan Fang
Agnostic Fund
C2tP
DeFi Dad
Michael Egorov
AVID3
Mr. Block
GBV Capital
Prisma Finance Team
Sidney Gottlieb
Co-founder & Architect
Scan QR Code to Explore more key information

Prisma Governance Token

PRISMA

Prisma Finance
LST-backed Stablecoin Protocol
prismafinance
Twitter
Categories:
Stablecoin Protocol
DeFi
Ecosystem:
Ethereum
Founded:
2023
Prisma Finance is a non-custodial and decentralized Ethereum LST-backed stablecoin protocol. Prisma allows users to mint a stablecoin (acUSD) fully collateralized by liquid staking tokens. The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX, and PRISMA on top of their Ethereum staking rewards.
Prisma Finance Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
------May 31, 2023
Tascha Punyaneramitdee
Mr. Block
Eric Chen
Mr. Block
Ivangbi
C2tP
0xMaki
Mirza Uddin
Amplice
Ryan Fang
OKX Ventures
Impossible Finance
Adam Cochran
kinnif
Bobby Ong
Daniel Dizon
Carlos Pereira
TM Lee
Tetranode
DeFi Dad
Michael Egorov
GBV Capital
Agnostic Fund
Investor
0xMaki
TM Lee
Adam Cochran
Bobby Ong
Tascha Punyaneramitdee
Carlos Pereira
Tetranode
Amplice
Impossible Finance
Eric Chen
Mirza Uddin
Daniel Dizon
OKX Ventures
Chinese Mainland
Singapore
Ivangbi
kinnif
Ryan Fang
Agnostic Fund
C2tP
DeFi Dad
Michael Egorov
AVID3
Mr. Block
GBV Capital
Prisma Finance Team
Sidney Gottlieb
Co-founder & Architect
Powered by
Prisma Governance Token
PRISMA
$0
0%
Total dollar volume24H
$4,925.59
High24H
0.03593 USDT
Low24H
0.03593 USDT
Market Cap
#-$3,428,546
FDV
$10,779,000
Market Cap / FDV Ratio
0.32
Turnover rate
0.14%
Circulating supply
97,537,852
Total supply
300,000,000
Max supply
300,000,000
All time high
2.136 USDT
All time high date
Dec 19, 2023
Down from All time high
-98.32%
Cycle low
0.01699 USDT
Cycle low date
Sep 08, 2024
Up from cycle low
111.48%
Official links
Website
White paper
Socials
Twitter
Reddit
Discord
Introduction

Prisma Finance is a decentralized finance (DeFi) protocol that primarily focuses on leveraging Ethereum liquid staking tokens (LSTs) to unlock their full potential. The governance token of Prisma Finance is PRISMA, which is essential for directing emissions and changing economic parameters through governance.

The team behind Prisma consists of seven core contributors with previous experience in blue-chip DeFi projects. Prisma has partnerships with entities like Frax, Curve, and Convex Finance. These partnerships facilitate the co-incentivization of the mkUSD stablecoin, enhancing its utility and reach within the DeFi ecosystem.

In conclusion, Prisma Finance represents a novel approach in the DeFi space, focusing on the utilization of Ethereum LSTs for minting a stablecoin. Its governance structure, strategic partnerships, and innovative use of LSTs make it a notable protocol in the ever-evolving world of decentralized finance.

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