Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.60T
About Prisma mkUSD
Prisma is a novel DeFi protocol designed to maximize the utility of Ethereum liquid staking tokens (LSTs). It allows users to create a stablecoin called mkUSD, backed entirely by LSTs. mkUSD will be incentivized on platforms like Curve and Convex Finance, creating a capital-efficient system where users earn trading fees, CRV, CVX, and PRISMA tokens in addition to their regular Ethereum staking rewards.
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