Richard (0xbabaramdass) is Head of Business Development at Prisma Finance.
In this episode, we spotlight the new leverage dApp for LRTs, PrismaLRT. Prisma is the 3rd largest CDP protocol for borrowing in DeFi on Ethereum and now just launched a new product to support borrowing stablecoins against LRT collateral, including eETH by ether.fi. Learn more of the basics behind how PrismaLRT works and how DeFi users are getting paid PRISMA emissions to open vaults onchain.
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Timestamps
0:00 - Intro
5:54 - Prisma vs PrismaLRT
9:44 - Progress in LRT deposits
10:53 - Incentives, stability pool, and LPs for ULTRA
13:02 - Maverick mid-roll
14:11 - Expanding to L2s and tokenized stability pool deposits
17:46 - Prisma and PrismaLRT governed by PRISMA
18:10 - Closing
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? Guest Links ?
► Prisma Finance website: https://prismafinance.com/
► Prisma on Twitter: https://twitter.com/PrismaFi
► Richard on Twitter: https://twitter.com/0xbabaramdass
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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. As of this recording, both DeFi Dad and Nomatic remain active contributors to Prisma Finance DAO and hold PRISMA. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.