What is Prisma Finance?
Prisma Finance is a decentralized finance (DeFi) protocol that enables users to leverage the full potential of Ethereum liquid staking tokens (LSTs) by collateralizing them to mint a stablecoin called mkUSD. Prisma provides a capital-efficient system where users can earn additional rewards through staking and liquidity provision. The protocol supports various LSTs, allowing users to mint mkUSD and earn yields by participating in liquidity pools and other DeFi activities. Prisma is governed by the PRISMA token, with a vote-locking feature that allows users to lock their PRISMA tokens in exchange for vePRISMA, thereby boosting their PRISMA emissions and participating in governance decisions. This governance model ensures that the community has a significant role in managing the protocol and its future developments.