New #LST Stablecoin Launches with 200% APR

Prisma, a new dapp that creates a #Stablecoins , mkUSD, from liquid staking tokens (LST) collateral is bringing back the huge #DEFI APRs with a double whammy.

Users can deposit wstETH, rETH, cbETH or the more exotic sfrxETH, and mint mkUSD like you would do with DAI, except here you earn PRISMA just for the minting.
That mkUSD can then be sent to Prisma's own pools or Curve and Convex pools and earn some more #PRISMA .

Prisma Finance, a protocol that creates a stablecoin backed by liquid staking derivatives, has deployed its governance token PRISMA on the Ethereum mainnet and revealed its contract address.

#PRISMA #MainnetLaunch #crypto2023

Convex Finance: The first PRISMA airdrop will be claimed on November 6

Convex Finance, a one-stop platform for CRV staking and liquidity mining, stated on social media that the first PRISMA airdrop will be received at 17:00 on November 6, Beijing time. #CRV $CRV #PRISMA

🚨 Spot Coin Call 🚨

Well here is a coin i want to buckle up to hold during bullrun 🐂

Coin Name #PrismaFinance
Details
It is basically a non-custodial and decentralized Ethereum LST-backed stablecoin.
Prisma is a new kinda DeFi primitive focused on realizing the full potential of Ethereum liquid staking tokens (LSTs).

Prisma enables users to mint a stablecoin, mkUSD, that is 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.
Coming to the total supply which is around 300xMillion with current trading at price level if $1.13 roughly.
With upcoming bullrun and potential

#BTC spot #etf approvals we will see massive shifts in altcoins too, perhaps right time to make sure about your buying and selling. DYOR
#PRISMA