Prism Protocol (PRISM)

Prism Protocol is a revolutionary derivatives protocol that introduces new asset classes in DeFi, allowing users to manage the risks associated with volatile prices and unstable yields in a simple and capitalefficient manner.

PRISM Launch Announcement (Details)

Core Contributors and Partners (Details)

Whitepaper

Onepager

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Interest lvl

Medium

Updated: Jan 31, 2022

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User Rating

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5/5 • 2 votes

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Ticker

PRISM

Type

Utility-token

Registration year2021

What is Prism Protocol

PRISM is a revolutionary derivatives protocol that introduces new asset classes in DeFi, allowing users to manage the risks associated with volatile prices and unstable yields in a simple and capitalefficient manner. PRISM achieves this by refracting digital assets into two distinct parts: a yield component and a principal component.

PRISM empowers DeFi users with innovative tools to manage volatile price exposure and fluctuating yields. Building PRISM on the scalable and vibrant Terra ecosystem will enable rapid growth as new assets and maturities can quickly be introduced to bring more users to the ecosystem and increase TVL. PRISM will synthesize these new instruments and enable their full functionality within an extremely intuitive platform. With so many possibilities, we are excited to see how users interact with PRISM.