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Prisma Governance Token
More Detail
$0
0%
Total dollar volume24H
$3,100.34
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
0.09%
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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