Basic Information
Information | Details |
---|---|
Project Name | Prisma Finance |
Project Website | https://prismafinance.com/ |
Project Description | Prisma Finance is a decentralized borrowing protocol that allows users to mint a stablecoin, mkUSD, fully collateralized by liquid staking tokens. It aims to enhance the utility of Ethereum liquid staking tokens across DeFi platforms. |
Project Ticker | PRISMA |
Airdrop Details
Information | Details |
---|---|
Airdrop Type | PRISMA (Governance Token) |
Total Airdrop Amount | 9,000,000 PRISMA tokens (3% of total supply) |
Number of Eligible Users | Not Known |
Number of Claimants | Not Known |
Timeline
Event | Date |
---|---|
Blockchain Snapshot | November 2, 2023 |
Claiming Started | November 6, 2023 (veCRV voters) November 9, 2023 (Prisma Point holders) |
Claiming Ends | Not Known |
Token Distribution
Distribution | Amount |
---|---|
Maximum | Not Known |
Median/Average | Not Known |
Minimum | Not Known |
Eligibility Criteria
veCRV Voters: Addresses that voted to whitelist Prisma on Curve DAO are eligible for 1% of the total PRISMA supply, distributed proportionally based on their voting participation.
Prisma Point Holders: Early users who participated in the Prisma Protocol by actions such as opening a vault and minting mkUSD, depositing mkUSD into the stability pool, or providing liquidity on Curve earned Prisma Points. These users are eligible for 2% of the total PRISMA supply, distributed proportionally based on the total points earned.
All airdropped tokens are locked as vePRISMA to encourage active participation in Prisma’s governance:
veCRV Voters: Tokens are locked for 52 weeks.
Prisma Point Holders: Tokens are locked for 26 weeks.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Official Announcement: PRISMA Retroactive Airdrop Details
- Governance Proposal: Curve DAO Whitelist Proposal
Additional Information
The PRISMA token has a maximum total supply of 300 million tokens, allocated as follows:
Emissions: 62% (186,000,000 PRISMA) directed by the Prisma DAO to incentivize protocol actions and liquidity provision.
Core Contributors: 20% (60,000,000 PRISMA) allocated to core contributors, unlocking linearly over 12 months from genesis.
Early Supporters: 10% (30,000,000 PRISMA) allocated to early supporters, unlocking linearly over 12 months from genesis.
DAO Treasury: 5% (15,000,000 PRISMA) reserved for the Prisma DAO Treasury.
Airdrop: 3% (9,000,000 PRISMA) allocated for the retroactive airdrop to veCRV voters and Prisma Point holders.