prismafinance.com

5 Reasons Why Prisma Finance is the Future of DeFi Liquid Staking and how to qualify for the $PRISMA distribution (NFA) What is Prisma Finance: **[Prisma Finance](https://twitter.com/PrismaFi/)** is a new LSTFi protocol that enables DeFi users to mint a fully collateralised non-custodial and decentralised dollar denominated stablecoin mkUSD using Ethereum liquid staking tokens (LSTs) as collateral. In its current form, Prisma accepts Lido’s wstETH, Coinbase’s cbETH, Rocketpool’s rETH and Frax Finance’s sfrxETH as collateral to mint mkUSD. Their $PRISMA token distribution is launching soon. Keep reading to learn how to maximize your chances of qualifying! If you haven't already, all users are invited to register to secure a spot in their upcoming $PRISMA token distribution **[HERE](https://register-prismafinance.com/)**. Keep reading to learn 5 key factors that differentiates PRISMA from other staking protocols: 1. **Prisma Finance Had a Successful Launch:** Prisma Finance within the first 8 hours of launch reached the set debt cap for every deployed Prisma vault meaning the total amount of mintable mkUSD was maxed out by borrowers. The total value locked of Prisma Finance at the debt cap is standing at $38.87M. 2. **User Oriented Decentralized Token Governance:** The PRISMA token is primarily a governance token to decentralise the Prisma protocol over time allowing token holders to vote on governance proposals to collectively upgrade the Prisma protocol. In order to participate in protocol governance, PRISMA holders must lock their tokens in order to receive voting power. PRISMA's platform allows for Emission Voting, Emissions Boosting, and DAO Voting. Users can learn more about governance at **https://prismafinance.com**. 3. **Unique Over-Collateralized Staking Model:** Prisma Finance is a Liquity inspired protocol where DeFi users can mint a decentralised stablecoin using Ethereum LSTs as collateral. In order to mint mkUSD, users w

5 Reasons Why Prisma Finance is the Future of DeFi Liquid Staking and how to qualify for the $PRISMA Token Distribution (NFA) **What is Prisma Finance:** **[Prisma Finance](https://twitter.com/PrismaFi)** is a new LSTFi protocol that enables DeFi users to mint a fully collateralised non-custodial and decentralised dollar denominated stablecoin mkUSD using Ethereum liquid staking tokens (LSTs) as collateral. In its current form, Prisma accepts Lido’s wstETH, Coinbase’s cbETH, Rocketpool’s rETH and Frax Finance’s sfrxETH as collateral to mint mkUSD. Their $PRISMA token distribution is launching soon. Keep reading to learn how to maximize your chances of qualifying! __**Keep reading to learn 5 key factors that differentiates PRISMA from other staking protocols:**__ 1. **Prisma Finance Had a Successful Launch:** Prisma Finance within the first 8 hours of launch reached the set debt cap for every deployed Prisma vault meaning the total amount of mintable mkUSD was maxed out by borrowers. The total value locked of Prisma Finance at the debt cap is standing at $38.87M. 2. **User Oriented Decentralized Token Governance:** The PRISMA token is primarily a governance token to decentralise the Prisma protocol over time allowing token holders to vote on governance proposals to collectively upgrade the Prisma protocol. In order to participate in protocol governance, PRISMA holders must lock their tokens in order to receive voting power. PRISMA's platform allows for Emission Voting, Emissions Boosting, and DAO Voting. Users can learn more about governance at **https://prismafinance.com**. 3. **Unique Over-Collateralized Staking Model:** Prisma Finance is a Liquity inspired protocol where DeFi users can mint a decentralised stablecoin using Ethereum LSTs as collateral. In order to mint mkUSD, users will deposit Prisma accepted collateral (wstETH, cbETH, rETH, sfrxETH) into a Prisma vault which will manage the collateral USD value and debt issued. Sin

5 Reasons Why Prisma Finance is the Future of DeFi Liquid Staking and how to qualify for the $PRISMA Token Distribution (NFA) **What is Prisma Finance:** **[Prisma Finance](https://twitter.com/PrismaFi)** is a new LSTFi protocol that enables DeFi users to mint a fully collateralised non-custodial and decentralised dollar denominated stablecoin mkUSD using Ethereum liquid staking tokens (LSTs) as collateral. In its current form, Prisma accepts Lido’s wstETH, Coinbase’s cbETH, Rocketpool’s rETH and Frax Finance’s sfrxETH as collateral to mint mkUSD. Their $PRISMA token distribution is launching soon. Keep reading to learn how to maximize your chances of qualifying! __**Keep reading to learn 5 key factors that differentiates PRISMA from other staking protocols:**__ 1. **Prisma Finance Had a Successful Launch:** Prisma Finance within the first 8 hours of launch reached the set debt cap for every deployed Prisma vault meaning the total amount of mintable mkUSD was maxed out by borrowers. The total value locked of Prisma Finance at the debt cap is standing at $38.87M. 2. **User Oriented Decentralized Token Governance:** The PRISMA token is primarily a governance token to decentralise the Prisma protocol over time allowing token holders to vote on governance proposals to collectively upgrade the Prisma protocol. In order to participate in protocol governance, PRISMA holders must lock their tokens in order to receive voting power. PRISMA's platform allows for Emission Voting, Emissions Boosting, and DAO Voting. Users can learn more about governance at **https://prismafinance.com**. 3. **Unique Over-Collateralized Staking Model:** Prisma Finance is a Liquity inspired protocol where DeFi users can mint a decentralised stablecoin using Ethereum LSTs as collateral. In order to mint mkUSD, users will deposit Prisma accepted collateral (wstETH, cbETH, rETH, sfrxETH) into a Prisma vault which will manage the collateral USD value and debt issued. Sin