Convert your Prisma tokens to $RSUP!
You can now convert your $Prisma, $cvxPrisma and $yPrisma to $RSUP tokens and stake them to earn Resupply fees.
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URGENT NOTICE for vePRISMA holders who want to break their lock in time to claim their RSUP tokens!
To successfully break your Prisma Locks, you must unlock next week before the snapshot on 27th of March UTC using the unlock tool linked below. If you fail to complete the unlock before this time, your best option is to wait for your vePRISMA to fully unlock in order to claim your RSUP tokens. Ensuring you unlock on time is critical to gaining access to your assets. If your vePRISMA is currently frozen you must unfreeze them this week to be able to break locks next week in time before 27th.
To unlock use this tool:
https://t.co/dHWi8pno6f
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Resupply Deployment Rollout Roadmap
Resupply contracts are now live, but you can’t quite interact with them just yet! Don’t worry; the fun is about to begin! Be on the lookout for the official launch announcement next week! In the meantime, here is the schedule for the Resupply rollout.
PIP-48: Final Prisma Shutdown Actions
- increase interest rates to 50%
- eliminate all unclaimed PRISMA emissions
- reimbursement of 200 crvUSD (debt gas compensation) to PSM users
https://t.co/GjWqt7rP60
mkUSD and ULTRA PSMs are now live🌈
For users with outstanding debt, close your position using crvUSD at 1:1 rate.
https://t.co/SmHYs9CvHi
- Acquire enough crvUSD to close your vault
- approve PSM contract to adjust your trove
- approve PSM contract to spend your crvUSD
- repay your loan - if fully repaid, it will close your vault and you will receive your collateral back.
📢 mkUSD and ULTRA PSMs are now live
...just as market rates for @PrismaFi stablecoins are soaring above $1.25
if you are a borrower with open loan(s), you may now visit the PSM app to repay using crvUSD at a 1:1 rate.
https://t.co/gL5V3twjUn
Are there other ways to obtain RSUP? Yes, $PRISMA, $cvxPRISMA, and $yPRISMA will all be convertible to vesting $RSUP as detailed in the blog and resupply docs.
https://t.co/gKLlZfTKzD
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📢 mkUSD and ULTRA PSMs are now live
...just as market rates for @PrismaFi stablecoins are soaring above $1.25
if you are a borrower with open loan(s), you may now visit the PSM app to repay using crvUSD at a 1:1 rate.
https://t.co/gL5V3twjUn
New Snapshot vote🌈
This proposal aims to address the upward depeg of Prisma stablecoins by introducing two Peg Stability Modules (PSMs), and a simple UI for interactions.
https://t.co/vUwC1bx3IQ
The plan for shutting down $PRISMA and transitioning to $RSUP. Those with open loan positions on Prisma, please read carefully!
https://t.co/A3roUIbKru
introducing 🦛
- new protocol + stablecoin by @yearnfi / @ConvexFinance
- built to maximize stablecoin yield
- features novel redemption mech
- synergies with eco partners @CurveFinance@fraxfinance
- new gov token RSUP
- replaces @PrismaFi
- PRISMA holders can redeem for RSUP
We're competing in @defiapp's Degen Arena as team Prisma! 🏆
https://t.co/28xNyKecsA = instant x-chain swaps, yield farming and perps, all in one.
Plus:
-No gas
-No bridges
-Self-custody
-No KYC
Access beta + points farming ONLY by joining our team.
Follow @defiapp + stay tuned for more updates.