Prisma Finance announces the launch of the governance token PRISMA, 3% will be distributed to point holders

LSD stablecoin protocol Prisma Finance announced that it will launch the governance token PRISMA on November 2. The total number of PRISMA is 300 million, and the specific distribution is as follows: 62% (186 million PRISMA) are managed by Prisma DAO and used to incentivize certain actions within the Prisma protocol and liquidity of the liquidity pool; 20% (60 million PRISMA) are allocated to core contributors, and these tokens will be unlocked linearly for 12 months starting from TGE; 10% (30 million PRISMA) are allocated to early supporters, and TGE begins a 12-month linear unlocking; 5% (15 million PRISMA) will be stored in the Prisma DAO vault; 3% (9 million PRISMA) will be distributed to veCRV voters and Prisma point holders.