Ronny Ragu

@prismassets maxi 📐
TG/ Ronny_Ragu
IG/ Ronny.ragu

[Ronny Ragu @Ronny_Ragu]

PRISM UPDATE — SIMPLE VERSION Since we are all not on the same wavelength as @Hash_hopes

@prismassets is building an RWA exchange.

Meaning you could trade REAL-WORLD ASSETS onchain instead of just crypto.

🏠 Real Estate
🥇 Gold
💎 Diamonds
⛏️ Nickel & Cobalt
🪨 Rare Metals
📈 Stocks
🏦 Treasuries
🎨 Art

tons more.

BUT HERE’S THE BIG PART: THE PRISM DEX 👇

A DEX is basically a crypto marketplace with no middleman holding your money.

Prism is building one specifically around real-world assets.

Right now, tokenized assets are scattered across different chains, issuers and exchanges.

Prism wants to bring them together.

Think of it like this:

Amazon has millions of products from different sellers.

Prism wants to do that with INVESTMENTS.

Find the asset → verify it’s real → see the price/liquidity → TRADE IT → all through Prism.

And the DEX could let people provide liquidity to these markets and earn rewards for doing it.

So Prism isn’t just building a website that lists RWAs.

🔥 They’re trying to build the actual MARKETPLACE where RWAs are bought, sold and given liquidity.

As more assets come onchain…

More assets → more traders → more liquidity → bigger marketplace.

🍋 Amazon for RWAs + an exchange underneath it.

[Prism Assets @prismassets]

https://t.co/a7brLMhTxA

[Ronny Ragu @Ronny_Ragu]

@Hash_hopes Go ahead yall grill our fearless leader!! Transparency and ability to communicate to dev are big around here !! 🤝

[Hash @Hash_hopes]

hey fam,

(consider this tweet an ama and ask me anything about prism protocol, prism L3 or anything around the product)

im currently working on finetuning V5 for launch but here’s a few things i wanted to share:

the whole purpose of v5 is to make the site very smooth and less confusing for users.

but that’s not it, we are also working on adding better verification of each asset, multiple liquidity pools aggregated for similar assets under one router, every feature and tool will be upgraded with better efficiency and also better rewards.

this version along with the trading competition will act as our first onboarding event and allow us to move on auto pilot for a while.

when i say verification, it’s not a simple verification.

It will be multiple layers of asset verification, proof of reserves, better osint and self verification by issuers too.

enterprise grade verification for each asset in our protocol.

also perps will go live, futures and options will go live, dex v2 will go live, higher emissions and rebates will go live, and efficient trading flow too.

not everything at once of course, one by one.

and a better developer environment will be built for prism test net and more dapps will go live.

but when i keep saying more, we are not focusing on just increasing numbers here lol

anything that’s not up to industry standard or not efficient will be instantly delisted from the protocol.

more dex pools, more transparency layers, better docs and guides etc.

this version should mark the beginning of prism as a mainstream platform for RWAs just like how every other protocol takes over and dominates one particular space.

whatever, we keep shipping.

let’s build.

[Ronny Ragu @Ronny_Ragu]

@Oliv21703 @Ocean_4549 🙌🤝

[dub @Oliv21703]

robinhood:0x20024e485c0b22b42855589700721b28320a7777 update
Hmm... looks like a double bottom leading to ATH tonight...
Next target 27.8m overnight imo

[Ronny Ragu @Ronny_Ragu]

@BitmanTW @fomo 🙌🫶

[Ronny Ragu @Ronny_Ragu]

@Hash_hopes @JohannKerbrat @prismassets @vladtenev we will see you soon

[Ronny Ragu @Ronny_Ragu]

@StarPlatinum_ Brother !!

[Ronny Ragu @Ronny_Ragu]

@Hash_hopes Imma give you a dapp

[Hash @Hash_hopes]

the first dapp is now live on prism testnet.

prism rwa futures now live at: https://t.co/WWy7f30g5t

so here are a few things i wanted to share (please read these very carefully):

prism protocol now operates multiple tools and products.

the website will be very smooth and very user friendly in V5 and a user wont be confused or exhausted because we are neatly restructuring it.

the real trading and transactions occur on the site: https://t.co/Fkvj3rZE3B only

and the other link is for testnet.

so whats the difference?

testnet is where we test dapps first before migrating them into Prism chain mainnet.

the real product stays at: https://t.co/Fkvj3rZE3B
testing happens on testnet: https://t.co/WWy7f30g5t

so here's how it works in simple words:

- people trade on prism protocol
- we test the products on testnet for prism L3 compatibility
- products will be migrated to prism mainnet
- people continue trading on prism protocol as usual

for a user, testnet makes no difference because they can continue using prism as usual.

so does a user need to bridge funds to Prism mainnet?

no, you can keep trading exactly like how you used to do it before.

but $PRISM is on robinhood and the asset is on another chain, how is gas paid?

your $PRISM tokens will automatically get locked in a vault on Robinhood Chain, and the Prism chain credits you the same amount to spend on fees (1:1 escrow)

for example, it's like paying cash and receiving chips in return to play with in a casino, but everything is automatic and you dont have to do anything.

what if a user doesnt have $PRISM and we dont want to push them to mandatorily own it to use the protocol?

they pay the gas in native tokens and we pay the equivalent gas in $PRISM so that a user doesnt have to touch $PRISM at all while the equal amount of gas in $PRISM is spent too

i hope this clears 90% of your doubts haha

letsgoooooo, pls lemme know if you dont understand anything at all.

https://t.co/OzIbN1C4Qc

[Ronny Ragu @Ronny_Ragu]

@prismassets Crank it out ser

[Prism Assets @prismassets]

The first DApp is now live on the Prism Testnet.

Prism RWA Futures is now live at: https://t.co/9JCPmJ4JNW

You can now connect your wallet, receive test tokens, and try it out.

[Ronny Ragu @Ronny_Ragu]

@reddherringX @redemptionarcc 👀👀😭

[Ronny Ragu @Ronny_Ragu]

@redemptionarcc @AdamOnChainX 20x for them still

[Ronny Ragu @Ronny_Ragu]

@Oliv21703 @SNiobrara88618 Coded billions

[Ronny Ragu @Ronny_Ragu]

One of the best with the TA. Salute @Oliv21703 Prism coded billions

[dub @Oliv21703]

robinhood:0x20024e485c0b22b42855589700721b28320a7777 update
So now that we broke 19m and retested it, I think we can go to 30m 😎

[Ronny Ragu @Ronny_Ragu]

@BitmanTW @prismassets Winter is coming brother !

[Bitman @BitmanTW]

TL;DR: @prismassets launched its L3 testnet on Robinhood Chain.

- robinhood:0x20024e485c0b22b42855589700721b28320a7777 will be the native gas token
- Prism plans to move its RWA marketplace, perps, lending, and other products there in phases
- Its own chain gives those products dedicated blockspace and network-level compliance rules
- It’s still a testnet; the products haven’t migrated yet

Wouldn’t be surprised if @vladtenev notices this soon…

[Ronny Ragu @Ronny_Ragu]

@prismassets Goated brother

[Prism Assets @prismassets]

https://t.co/qlhYmU0aN3

[Ronny Ragu @Ronny_Ragu]

@Hash_hopes Prism = best thing since sliced bread