What is the project about?
Prismic offers 3 primary services, concentrated liquidity management executed by our team for liquidity providers that seek less attention from their positions or better performance than they have, single stake delta neutral vaults, on top of GMX, and a yield-bearing native stablecoin pUSD, having Gains Network gDAI and one of our stablecoin vaults receipt, prismUSDC as backing.
Our project also possesses an Arbitrage mechanism in place for pUSD to help maintain price stability and revenue source for the projects and its users.
What makes your project unique?
Our project seeks to enhance the experience of Arbitrum DeFi users by offering a range of minimal-effort options to generate yields.
From our stablecoin to the delta neutral vault and the concentrated liquidity management, they all have a shared trait which is yield generation without user action. This trait allows users to dedicate their time to other funds management or different tasks that require their attention while we dedicate ours to our project, potentiating a better market presence.
History of your project.
Prismic Protocol is going live in August 2023, presale will take place from the first of the month to the fourth.
What’s next for your project?
Secure Prismic Protocol has a household name on Arbitrum.
What can your token be used for?
PRISM token can be staked for a portion of the revenue generated by the protocol operations
