Back to Organizations
Prisma Finance
Prisma Finance is a decentralized borrowing protocol that allows users to mint stablecoins backed by liquid staking tokens.
Distributed
PrismaLRT
Project Links
Description
Prisma Finance provides a platform where users can mint mkUSD by depositing different types of staked Ether into vaults. The platform offers various opportunities to earn APR on minted mkUSD and provides detailed information on total value locked, mint fees, borrow interest rates, and more.Category: CDP
TVL: $10K
Chains:
PrismaLST
Project Links
Description
Prisma Finance is a decentralized borrowing protocol that allows users to mint a stablecoin, mkUSD, fully collateralized by liquid staking tokens. The protocol is non-custodial, immutable, and censorship-resistant, offering a capital-efficient borrowing experience with a collateral ratio of just 120%.Category: CDP
TVL: $245K
Chains: