Odaily Planet Daily News According to official news, the LSD stablecoin protocol Prisma Finance was officially launched on the Ethereum mainnet. Prisma initially supports wstETH, cbETH, rETH, and sfrxETH as collateral.
The total mkUSD that can be minted with wstETH, rETH, and sfrxETH collateral is $6 million each, while the total mkUSD that can be minted with cbETH collateral is $2 million. Prisma set the initial interest rate at 0% to encourage early adopters.
In the coming weeks, Prisma will launch the PRISMA token. Users will be able to lock PRISMA to acquire vePRISMA, allowing them to participate in governance and increase the release of PRISMA.