PRISMAPrisma Finance 價格

Prisma Finance operates as a decentralized borrowing protocol that permits users to mint mkUSD, a stablecoin pegged to the US dollar and backed by various Ethereum-based LSTs. By utilizing collateral in the form of LSTs such as wstETH (from Lido), cbETH (Coinbase), rETH (Rocket Pool), and sfrxETH (Frax), Prisma facilitates a dynamic and user-friendly stablecoin generation process. Each vault on the platform is required to maintain a minimum collateral ratio of 120%, ensuring that assets are over-collateralized to mitigate risks associated with liquidation. This structure allows users to access stablecoin liquidity while simultaneously retaining leveraged exposure to Ethereum’s staking yields.

Moreover, Prisma Finance's redemption system allows users to exchange mkUSD for the underlying collateral at face value, establishing an avenue for price stability through ongoing arbitrage activities. As a result, the protocol not only serves as a stablecoin provider but also as a strategic platform for yield maximization through its unique economic model.