Prisma Finance announces the launch of transferable veTokens “cvxPRISMA” and “yPRISMA” integrated with Convex and Yearn

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Cointime2023/11/22 15:48

By:Cointime

LSD stablecoin protocol Prisma Finance has officially announced its integration with the Convex and Yearn protocols and has launched corresponding veTokens: "cvxPRISMA" and "yPRISMA", to help PRISMA token holders release instant liquidity, while also optimizing Prisma's earnings for treasury owners and liquidity providers (LPs). It is reported that cvxPRISMA and yPRISMA tokens support transfers, and holders of these two tokens are also eligible to receive native earnings after implementation. In addition, cvxPRISMA holders can receive additional CVX rewards, and Yearn has also approved an incentive plan to reward yPRISMA holders with additional stETH rewards.

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