# Prisma digest #2 **Published by:** [Cryptouf](https://paragraph.com/@cryptouf/) **Published on:** 2023-11-11 **URL:** https://paragraph.com/@cryptouf/prisma-digest-2 ## Content If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇SubscribeVotesA second proposal was published to increase Rate … Prisma Finance @PrismaFi New DAO vote Prisma Improvement Proposal 002 is live: Raise Interest Rate from 1% to 2% Vote: snapshot.prismafinance.com/#/proposal/0x9… We invite everyone to discuss it in our dedicated Discord channel or here: gov.prismafinance.com/t/rfc-debt-ir-… Contributor: @ivangbi_ 63 2:40 PM • Nov 5, 2023 And it passed … let’s see ow it will affect TVL. Prisma Finance @PrismaFi With the 30% quorum reached, [PIP-002] Increase Debt Interest Rate from 1% to 2% has been executed. All opened vaults are now subject to a 2% borrow interest rate. Fees are currently directed to the fee receiver contract. Thanks to all our DAO members for their participation. 26 6:39 PM • Nov 9, 2023 This one is not on prisma but is about the Prisma / cvxPrisma pool on Curve. cvxPrima is the wrapper from Convex. ┻┳ S. ArchΞr @Archer_MD_ Gauge vote for the cvxPrisma/Prisma pool. Most users claiming $Prisma will lock with Convex and hold cvxPrisma (earning CVX) until the discount becomes bearable rather than accepting the 50% penalty at these prices. sfrxETH & crvUSD get another supply sink 23 2:30 PM • Nov 7, 2023 PoolsYearn also has a new pool for his wrapperBecause yes, like several projects, Yearn launched his wrapper yearn @yearnfi Seen a lot of rainbows on your TL? The Prisma airdrop is now live. Free yourself from locks and maximize your passive yield with yPrisma. Transferrable & Liquid Gibs yield Shares governance power yprisma.yearn.fi 40 3:12 AM • Nov 6, 2023 mkUSDNew collateral soon ? Prisma Risk Team @PrismaRisk 1/Collateral Risk Assessment on @OriginDeFi wrapped Origin ETH (wOETH) As part of the on boarding process, a new in-depth risk assessment has been completed with a detailed analysis of various risk factors. Let's dive in: hackmd.io/@PrismaRisk/wO… 35 8:55 AM • Nov 7, 2023 Already some concerns ? Let’s find a solution DefiMoon 🦇🔊 @DefiMoon UPDATE: $mkUSD trading under 0.99 now $PRISMA needs some value-capture asap, not sure why interest and minting fees weren't distributed to $PRISMA from the get go Farmers would not be so quick to take the 50% penalty to dump.... #DeFi $CRV $CVX DefiMoon 🦇🔊 @DefiMoon Maybe not such a good idea to lift the caps for $wstETH (or other collaterals) so quickly given that majority of mkUSD is minted and single-side deposited into the Curve pools. $mkUSD peg is already pushing 0.99 and pools are becoming very imbalanced! $PRISMA #DeFi 10 11:03 AM • Nov 9, 2023 Prisma and $PRISMA elsewhereNew debt cap for wstETH Prisma Finance @PrismaFi New Debt Cap for @LidoFinance wstETH An additional 100m mkUSD is now available to mint with wstETH, head to app.prismafinance.com/vaults 50 5:55 PM • Nov 4, 2023 The “first round” of the airdrop is live Convex Finance @ConvexFinance Retroactive $PRISMA airdrop for veCRV voters are live! Claim your $PRISMA as #cvxPRISMA here prisma.convexfinance.com/claim 65 3:13 AM • Nov 6, 2023 And several tokens holders (and voters) of different projects can claim it Stake DAO @StakeDAOHQ sdCRV Holders: Claim Your @PrismaFi Airdrop! As an $sdCRV holder, you retain your @CurveFinance veCRV voting power and are therefore eligible for the $PRISMA Airdrop. A total of 263,045 $PRISMA has been airdropped to $sdCRV, all thanks to our unique Liquid Locker design. 31 4:04 AM • Nov 7, 2023 Also here AladdinDAO (STABLE, LEVERED) @aladdindao @PrismaFi airdrop is coming! Thanks for your patience If you had any CVX on CLever or asdCRV in our wallet or on Concentrator, you might be eligible. We have a claim page, please connect your wallet in order to check your allocation airdrop.aladdin.club 13 9:14 AM • Nov 7, 2023 And here Alunara @0xAlunara cvxPRISMA airdrop is *LIVE* for people who held a position in Pirex during the time of vote. You can claim until the 2nd of Jan 2024, afterwards we'll convert the unclaimed rewards to CVX and distribute among the uCVX pounder. Beware of scams and be safe llama.airforce/#/union/cvxpri… 39 3:49 PM • Nov 7, 2023 The “second round” of the airdrop is also live Prisma Finance @PrismaFi Airdrop is live You can now claim your earned $PRISMA Prisma Finance @PrismaFi Don't forget that the Early User Airdrop will go live on Thursday at 9 am UTC Final calculations have been completed, and you can claim your PRISMA in 3 ways: - On app.prismafinance.com - For cvxPRISMA on prisma.convexfinance.com/claim - For yPRISMA on yprisma.yearn.fi 75 3:05 AM • Nov 9, 2023 Remember that $PRISMA is the governance token and allow holders to vote for emissions Prisma Finance @PrismaFi 1/Voting on Prisma We are getting close to the end of the first epoch since emissions started (Wednesday 23:59:59 UTC) If you haven't done it yet it's time to register your vote weight related to your locked PRISMA: app.prismafinance.com/dao Let's see how it works: 36 8:00 AM • Nov 8, 2023 New Hidden market for Prisma ? Do you know what it means ???? … Bribes … 🤑 Prisma Finance @PrismaFi We’re excited to propose the launch of a new Hidden Hand market for Prisma Finance: commonwealth.im/redacted-carte… Built by @redactedcartel, the Hidden Hand market allows for proxy bribing of Prisma emission receivers. x 140 8:00 AM • Nov 9, 2023 And some nice strategies (DYOR) FlywheelDeFi.eth @FlywheelDeFi Earn 12.53 - 25.05% Minting mkUSD w/ sfrxETH @PrismaFi enables the minting of mkUSD by depositing LSDs into a trove where mkUSD can be minted as a debt position Here's how 18 3:19 PM • Nov 6, 2023 Thanks Dad DeFi Dad ⟠ defidad.eth @DeFi_Dad I'll probably regret revealing some of these yields I'm enjoying but gotta share the knowledge that helps you to earn more in DeFi... 1/ First, @PrismaFi offers 4 stablecoin LPs earning double-digit yield + the Stability Pool for mkUSD. 71 11:44 AM • Nov 7, 2023 Not as juicy but interesting Sidney Gottlieb @Sidn3yGottlieb If you are LP'ing on Curve/Convex, you can withdraw one sided in mkUSD and make ~0.50% profit instantly (as well as help mkUSD get back to peg). Yield in stability pool is also pretty decent and should ++ from Thursday. 14 4:32 PM • Nov 7, 2023 Or simply put your mkUSD to work Prisma Finance @PrismaFi Let's put your mkUSD to work Up to 25% APR on a stablecoin pool with more than $100m in TVL. While helping mkUSD keep the peg, as a Stability Pool provider you will also earn an extra incentive in LSTs when there are liquidations. app.prismafinance.com/earn 31 7:00 AM • Nov 10, 2023 From the communityAmazing addition Defi Wars @defiwars_ Added: @PrismaFi Wars With the airdrop coming in hot, we're tracking the largest holders including @ConvexFinance and @yearnfi We'll be tracking the pegs of those liquid wrappers once there's more liquidity in their curve pools 63 7:09 PM • Nov 7, 2023 Up only J◎n Galt☀️ @JonGalt14 Prisma has 350m of TVL, which seems like a lot for such a new protocol: 13 9:57 AM • Nov 7, 2023 Interesting analysis crv.mktcap.eth @CurveCap November 9, 2023: On the Spectrum Where is all the airdropped $PRISMA going? 1/9 16 7:14 AM • Nov 9, 2023 ## Publication Information - [Cryptouf](https://paragraph.com/@cryptouf/): Publication homepage - [All Posts](https://paragraph.com/@cryptouf/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@cryptouf): Subscribe to updates - [Twitter](https://twitter.com/cryptouf): Follow on Twitter