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Prism Protocol (PRISM)

ICO

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)

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Overview

Project industryFinance Services & Banking
Product typeDeFi
WhitepaperPrism Protocol White Paper Open
OnepagerPrism Protocol Onepager Open

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.

Details

Public sales: Feb 01, 2022 - Feb 16, 2022
Token supply: 1,000,000,000 PRISM
Total tokens for sale: 70,000,000 PRISM

Legal

Blockchain Platform: Terra
Registration year: 2021

Token info

Ticker: PRISM
Type: Utility-token
Token distribution:
20% - Treasury
7% - Forge
13% - yLUNA Farming Event
30% - Core Contributors and Service Providers
10% - Strategic Partners, Advisors and Collaborators
20% - Community Fund and Liquidity Incentives

Social media

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