Prism (PRISM) (Terra Project)

From CryptoWiki

Basics

"Through the new protocol, users will be able to "refract" assets into a principal component and a yield component. For example, Luna could be split into pLuna, representing the principal, and yLuna, marking the yield."

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

  • From this thread (22-12-2021):

"By staking $PRISM, and receiving $xPRISM, users can:

  1. Receive transaction fees and part of the yield from $YTs.
  2. Take part in governance.

Future plans for the $PRISM token include:

  1. Staking lock mechanism to receive $vxPRISM, which can boost the users staking yield and voting power depending on the lock term (up to 4 years)  
  2. The need for validators supported Prism Protocol to provide $xPRISM as collateral."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

  • A thread on how it refracts can be read here (21-12-2021).

Fees

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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