# Prisma digest #3 By [Cryptouf](https://paragraph.com/@cryptouf) · 2023-11-17 --- If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇 [Subscribe](null) * * * **Votes** --------- Governance has no time to relax. New proposal to update wstETH oracle [![User Avatar](https://storage.googleapis.com/papyrus_images/bce919b48909a060d459e473a6037a7bd84771f566f70dd3402b9985530a5e0d.jpg)](https://twitter.com/PrismaFi) [Prisma Finance](https://twitter.com/PrismaFi) [@PrismaFi](https://twitter.com/PrismaFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PrismaFi/status/1724774255949426872) The vote for \[PIP-004\] to update wstETH Oracle is live on Snapshot![🌈](https://abs-0.twimg.com/emoji/v2/72x72/1f308.png): [snapshot.org/#/prismafinanc…](https://t.co/TtLhttIuTD) Vote ends Nov 17, at 8.03pm UTC. If it passes, It will be followed by an on-chain vote![🗳️](https://abs-0.twimg.com/emoji/v2/72x72/1f5f3.png) ![](https://storage.googleapis.com/papyrus_images/142d374efe6716142dd0e5bcac1990c52ef1cd37fff27ee8eefd1bf30519ccc6.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 16](https://twitter.com/PrismaFi/status/1724774255949426872)[ 7:00 AM • Nov 15, 2023 ](https://twitter.com/PrismaFi/status/1724774255949426872) And another to direct emissions to the convex Prisma/Eth curve pool 🤑 [![User Avatar](https://storage.googleapis.com/papyrus_images/bce919b48909a060d459e473a6037a7bd84771f566f70dd3402b9985530a5e0d.jpg)](https://twitter.com/PrismaFi) [Prisma Finance](https://twitter.com/PrismaFi) [@PrismaFi](https://twitter.com/PrismaFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PrismaFi/status/1724010281750184112) PIP-003 temperature check is up on snapshot. It proposes to allow directing $PRISMA emissions towards the Convex PRISMA/ETH Curve pool. Discuss: [gov.prismafinance.com/t/pip-003-add-…](https://t.co/IzVRkvxpDM) Vote: [snapshot.org/#/prismafinanc…](https://t.co/Bsd0Lf1RoY) ![](https://storage.googleapis.com/papyrus_images/6fc286331bbdf5f206f74f85d621e4e5f5d1742d6e4b472347c0b12980c9baa2.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 30](https://twitter.com/PrismaFi/status/1724010281750184112)[ 4:24 AM • Nov 13, 2023 ](https://twitter.com/PrismaFi/status/1724010281750184112) **Pools** --------- Juicy APY if you know where to go 👀 [![User Avatar](https://storage.googleapis.com/papyrus_images/ad3dcf006ad10f738093b08ea1a4cd0052e3ddbfe0ff92f3e0f3e79f855c965f.jpg)](https://twitter.com/Sidn3yGottlieb) [Sidney Gottlieb](https://twitter.com/Sidn3yGottlieb) [@Sidn3yGottlieb](https://twitter.com/Sidn3yGottlieb) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Sidn3yGottlieb/status/1724945590495146095) New epoch, new APRs. mkUSD/ETH and PRISMA/ETH pools also on bigly APRs. Daily mint rewards are much bigger: 15610 $PRISMA for rETH, 20480 $PRISMA for wstETH and 12937 $PRISMA for sfrxETH ![](https://storage.googleapis.com/papyrus_images/27cc450fa00380f9710dddc8c32c0d32c1178f2d444ee5e255c715808efc00e3.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 24](https://twitter.com/Sidn3yGottlieb/status/1724945590495146095)[ 6:20 PM • Nov 15, 2023 ](https://twitter.com/Sidn3yGottlieb/status/1724945590495146095) **Prisma and $PRISMA elsewhere** -------------------------------- You should read this [![User Avatar](https://storage.googleapis.com/papyrus_images/bce919b48909a060d459e473a6037a7bd84771f566f70dd3402b9985530a5e0d.jpg)](https://twitter.com/PrismaFi) [Prisma Finance](https://twitter.com/PrismaFi) [@PrismaFi](https://twitter.com/PrismaFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/PrismaFi/status/1724834910387773900) 1/Boost is the key to maximizing PRISMA rewards![🌈](https://abs-0.twimg.com/emoji/v2/72x72/1f308.png) Users with locked weight can enjoy boosted emissions, a bonus, earning up to 2x the rate of unboosted rewards. With a new epoch starting in less than 8 hours, let's dive in![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png): ![](https://storage.googleapis.com/papyrus_images/bc54c75efd26a5639f4bd3b3f202cb4a54545916a457964e9115bdaa40d4f946.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 31](https://twitter.com/PrismaFi/status/1724834910387773900)[ 11:01 AM • Nov 15, 2023 ](https://twitter.com/PrismaFi/status/1724834910387773900) Even Messari is noticing [![User Avatar](https://storage.googleapis.com/papyrus_images/765f0ac4713f99424a38a54c9ed9f52bcca146e6a06df4a22264ffe9c6f7f62c.jpg)](https://twitter.com/MessariCrypto) [Messari](https://twitter.com/MessariCrypto) [@MessariCrypto](https://twitter.com/MessariCrypto) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MessariCrypto/status/1724819805243601350) Contributing to the increase in stablecoin market cap over the past 30d, [@LybraFinance](https://twitter.com/LybraFinance) & [@PrismaFi](https://twitter.com/PrismaFi) have both seen significant TVL growth. LST-backed stablecoins have become increasingly popular due to the ability to hold stables while still having the benefit of ETH yield. ![](https://storage.googleapis.com/papyrus_images/d21f7c17d878b1b2d074ea8640bf469cf2718014be8bf6c119cd8b61ad14d49b.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 84](https://twitter.com/MessariCrypto/status/1724819805243601350)[ 10:01 AM • Nov 15, 2023 ](https://twitter.com/MessariCrypto/status/1724819805243601350) Probably the most exciting news this week ! [![User Avatar](https://storage.googleapis.com/papyrus_images/9f72aacaaddea36b425bc57a1d879593c108a83b13618d41ff0bbdb8ae90f10b.jpg)](https://twitter.com/VotiumProtocol) [Votium](https://twitter.com/VotiumProtocol) [@VotiumProtocol](https://twitter.com/VotiumProtocol) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/VotiumProtocol/status/1724056963145781555) ![🌈](https://abs-0.twimg.com/emoji/v2/72x72/1f308.png) We're excited to announce Votium is launching a [@PrismaFi](https://twitter.com/PrismaFi) market! ![💕](https://abs-0.twimg.com/emoji/v2/72x72/1f495.png) Featuring all the Votium features you know and love. ![💸](https://abs-0.twimg.com/emoji/v2/72x72/1f4b8.png) Votium delegators will seamlessly enjoy extra rewards from the underlying vePRISMA their $vlCVX controls. ![🥳](https://abs-0.twimg.com/emoji/v2/72x72/1f973.png) To be released by the next vote! [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 104](https://twitter.com/VotiumProtocol/status/1724056963145781555)[ 7:29 AM • Nov 13, 2023 ](https://twitter.com/VotiumProtocol/status/1724056963145781555) Already $3m 🥳 [![User Avatar](https://storage.googleapis.com/papyrus_images/ad3dcf006ad10f738093b08ea1a4cd0052e3ddbfe0ff92f3e0f3e79f855c965f.jpg)](https://twitter.com/Sidn3yGottlieb) [Sidney Gottlieb](https://twitter.com/Sidn3yGottlieb) [@Sidn3yGottlieb](https://twitter.com/Sidn3yGottlieb) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Sidn3yGottlieb/status/1723474094656536944) Collected fees crossed $3m yesterday as per DefiLlama [defillama.com/fees/prisma-fi…](https://t.co/nVEYVMpFVV) ![](https://storage.googleapis.com/papyrus_images/7b7d01bebeb49d47e98954effddc7b2698a90d331e05760826d7e7fbc37639d2.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 34](https://twitter.com/Sidn3yGottlieb/status/1723474094656536944)[ 4:53 PM • Nov 11, 2023 ](https://twitter.com/Sidn3yGottlieb/status/1723474094656536944) More fees = 🤑 [![User Avatar](https://storage.googleapis.com/papyrus_images/6de71244445afd765a4948b93455465e5dcd6a72dff79ef1b23e9baa4d8c5bf7.jpg)](https://twitter.com/mini_wagmi) [minimumwage🚬🚬](https://twitter.com/mini_wagmi) [@mini\_wagmi](https://twitter.com/mini_wagmi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/mini_wagmi/status/1723793271153955255) ![👀](https://abs-0.twimg.com/emoji/v2/72x72/1f440.png) ![](https://storage.googleapis.com/papyrus_images/a518ae4a22ad3d1d4af5a96a9962d016ca29ea2c0616f758f75dc8b7120ec162.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 8](https://twitter.com/mini_wagmi/status/1723793271153955255)[ 2:01 PM • Nov 12, 2023 ](https://twitter.com/mini_wagmi/status/1723793271153955255) Nice arbitrage to be done [![User Avatar](https://storage.googleapis.com/papyrus_images/81ecf7311904b079c3764e7312de02c3519d1959d80db1b075894add784f0d8d.jpg)](https://twitter.com/0xTommyGenesis) [Tommy Genesis](https://twitter.com/0xTommyGenesis) [@0xTommyGenesis](https://twitter.com/0xTommyGenesis) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0xTommyGenesis/status/1724966104437510499) The tug of war has begun. $cvxPRISMA trades at 73% of $Prisma Anyone wanting to claim prisma rewards at 50% penalty, is currently better off claiming as cvxPrisma, and swapping to get >50% Currently up to 43k cvxPrisma can be swapped above 50% ![](https://storage.googleapis.com/papyrus_images/530076078ec6326793954adf47632d25558091b9c80098dcfad55693d4756908.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 25](https://twitter.com/0xTommyGenesis/status/1724966104437510499)[ 7:42 PM • Nov 15, 2023 ](https://twitter.com/0xTommyGenesis/status/1724966104437510499) Did you convert ? [![User Avatar](https://storage.googleapis.com/papyrus_images/4e987b53342423ee2bb769818182eb8be480e147be756573b4a4717b4fd6881f.jpg)](https://twitter.com/CryptoGrills) [Grills (¤,¤) 🦇🔊🐻⛓️](https://twitter.com/CryptoGrills) [@CryptoGrills](https://twitter.com/CryptoGrills) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CryptoGrills/status/1725062812886585822) .[@ConvexFinance](https://twitter.com/ConvexFinance) showing how managing a liquid wrapper is done. $cvxPRISMA/ $PRISMA peg went from 50%+ discount to a mere 12% in just a week! This is why I'm always super comfy converting to $CVX-wrapped assets. Great incentives, and pegs always find their way back eventually. ![](https://storage.googleapis.com/papyrus_images/d3a978924da49c2ceb42326e52aaafcd8b59ee918bedfbfa8180c874c8a67af0.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 34](https://twitter.com/CryptoGrills/status/1725062812886585822)[ 2:06 AM • Nov 16, 2023 ](https://twitter.com/CryptoGrills/status/1725062812886585822) Check below for some 💦 [![User Avatar](https://storage.googleapis.com/papyrus_images/02229c9c23d1066c53dd580a11d9b9266d267ede49d75aacc33ff4c627736df2.jpg)](https://twitter.com/yearnfi) [yearn](https://twitter.com/yearnfi) [@yearnfi](https://twitter.com/yearnfi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/yearnfi/status/1725095074306851143) ![🚨](https://abs-0.twimg.com/emoji/v2/72x72/1f6a8.png) yPRISMA Farm Alert ![🚨](https://abs-0.twimg.com/emoji/v2/72x72/1f6a8.png) The farms on [yprisma.yearn.fi](https://t.co/ZyW3S92sQ5) will receive 3 more weeks of incentives, beginning today at noon UTC! Deposit yPRISMA --> dYFI Rewards (new!) Deposit yPRISMA --> wstETH Rewards (continued) ![](https://storage.googleapis.com/papyrus_images/c0f9b7cc6ec5cdf9d376cc4c37a793d2e27548bb0fc2d9bae30cfb3037c9aa2b.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 73](https://twitter.com/yearnfi/status/1725095074306851143)[ 4:14 AM • Nov 16, 2023 ](https://twitter.com/yearnfi/status/1725095074306851143) Summer party !!!! [![User Avatar](https://storage.googleapis.com/papyrus_images/02229c9c23d1066c53dd580a11d9b9266d267ede49d75aacc33ff4c627736df2.jpg)](https://twitter.com/yearnfi) [yearn](https://twitter.com/yearnfi) [@yearnfi](https://twitter.com/yearnfi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/yearnfi/status/1725156160129368338) And they said yield was dead? Curious... ![](https://storage.googleapis.com/papyrus_images/807879f121d1ffa474c55b065cfc3a1f52abb84025c5726e4ec57e921f926cdd.jpg) [![User Avatar](https://storage.googleapis.com/papyrus_images/02229c9c23d1066c53dd580a11d9b9266d267ede49d75aacc33ff4c627736df2.jpg)](https://twitter.com/yearnfi) [yearn](https://twitter.com/yearnfi) [@yearnfi](https://twitter.com/yearnfi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/yearnfi/status/1725095074306851143) ![🚨](https://abs-0.twimg.com/emoji/v2/72x72/1f6a8.png) yPRISMA Farm Alert ![🚨](https://abs-0.twimg.com/emoji/v2/72x72/1f6a8.png) The farms on [yprisma.yearn.fi](https://t.co/ZyW3S92sQ5) will receive 3 more weeks of incentives, beginning today at noon UTC! Deposit yPRISMA --> dYFI Rewards (new!) Deposit yPRISMA --> wstETH Rewards (continued) ![](https://storage.googleapis.com/papyrus_images/c0f9b7cc6ec5cdf9d376cc4c37a793d2e27548bb0fc2d9bae30cfb3037c9aa2b.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 64](https://twitter.com/yearnfi/status/1725156160129368338)[ 8:17 AM • Nov 16, 2023 ](https://twitter.com/yearnfi/status/1725156160129368338) **From the community** ====================== Cool summary [![User Avatar](https://storage.googleapis.com/papyrus_images/dd2ab96a4eb7f6fdcaa1069a8e0b4a45f57dea6bb47653d319b0052a02a51e95.jpg)](https://twitter.com/lurkaroundfind) [John Galt](https://twitter.com/lurkaroundfind) [@lurkaroundfind](https://twitter.com/lurkaroundfind) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/lurkaroundfind/status/1723715548041682954) What do you get when you combine [@LiquityProtocol](https://twitter.com/LiquityProtocol) and [@CurveFinance](https://twitter.com/CurveFinance)? [@PrismaFi](https://twitter.com/PrismaFi)! It issues a stablecoin backed ETH LSTs, and uses ve tokenomics to direct incentives to vaults. Prisma will be talked about a lot in the coming months. Sooner you learn about it the better ![👇](https://abs-0.twimg.com/emoji/v2/72x72/1f447.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 18](https://twitter.com/lurkaroundfind/status/1723715548041682954)[ 8:53 AM • Nov 12, 2023 ](https://twitter.com/lurkaroundfind/status/1723715548041682954) Nice to watch [![User Avatar](https://storage.googleapis.com/papyrus_images/af40ee00f06e920c07b4d68181e32c162c46dfd2158419201c4dcaebf2c5fd16.jpg)](https://twitter.com/leviathan_news) [Leviathan News](https://twitter.com/leviathan_news) [@leviathan\_news](https://twitter.com/leviathan_news) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/leviathan_news/status/1724444651057201440) Leviathan Livestream! The Prisma WARS Begin!! with Richard [leviathannews.xyz/redirect/3295](https://t.co/LdaWp2VqPv) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 4](https://twitter.com/leviathan_news/status/1724444651057201440)[ 9:10 AM • Nov 14, 2023 ](https://twitter.com/leviathan_news/status/1724444651057201440) Time to do some homework [![User Avatar](https://storage.googleapis.com/papyrus_images/d1f3f7136eb2d40e21ec674cd96fea6b6e4ea43228bb704c2562705b80197586.jpg)](https://twitter.com/Tetranode) [TΞtranodΞ 🦇🔊](https://twitter.com/Tetranode) [@Tetranode](https://twitter.com/Tetranode) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Tetranode/status/1723401057131536669) A little [@PrismaFi](https://twitter.com/PrismaFi) math on (almost) delta-neutral $ETH yields Deposit staked ETH to mint mkUSD and get 1337 APY in delta-neutral fashion, and fish for liquidation in the process! ![](https://storage.googleapis.com/papyrus_images/fa4e9d10443c242a83a04c08efddc0ce252b780e6f3c5cbd850c1befae6fd996.png) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 61](https://twitter.com/Tetranode/status/1723401057131536669)[ 12:03 PM • Nov 11, 2023 ](https://twitter.com/Tetranode/status/1723401057131536669) For the Chinese community [![User Avatar](https://storage.googleapis.com/papyrus_images/2c48c20088f761f997e56d33d2038450665b15cf04690faa9e5a607099daf555.jpg)](https://twitter.com/mrblocktw) [區塊先生 🐡 ⚠️ (rock #58)](https://twitter.com/mrblocktw) [@mrblocktw](https://twitter.com/mrblocktw) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/mrblocktw/status/1725207699670044699) [@PrismaFi](https://twitter.com/PrismaFi) LSD 賽道第一站！![🦙](https://abs-0.twimg.com/emoji/v2/72x72/1f999.png) 影片： [youtu.be/GInM9o59mnY](https://t.co/gNYqnGe6Ii) 收益：[defillama.com/protocol/prism…](https://t.co/7suUv54Q9f) Dune：[dune.com/mrblock\_buidl/…](https://t.co/pKI9BfSSRd) ![](https://storage.googleapis.com/papyrus_images/1961db3105473e802d30fa663a4f60729dbb9adb445fa5b7b6c2b0c8e055770f.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 20](https://twitter.com/mrblocktw/status/1725207699670044699)[ 11:42 AM • Nov 16, 2023 ](https://twitter.com/mrblocktw/status/1725207699670044699) **Support this newsletter** =========================== If you want to support this newsletter and my work, you can donate on [Gitcoin](https://explorer.gitcoin.co/#/round/424/0x98720dd1925d34a2453ebc1f91c9d48e7e89ec29/0x98720dd1925d34a2453ebc1f91c9d48e7e89ec29-234) (also good to hunt airdrops: [**here**](https://explorer.gitcoin.co/#/round/424/0x98720dd1925d34a2453ebc1f91c9d48e7e89ec29/0x98720dd1925d34a2453ebc1f91c9d48e7e89ec29-234) ![](https://storage.googleapis.com/papyrus_images/d5db98ac8be8964195c77be30bb546998d3d5d8bcbeb208c016f76152dbcfc6b.jpg) --- *Originally published on [Cryptouf](https://paragraph.com/@cryptouf/prisma-digest-3)*