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Prisma mkUSD

Prisma mkUSD

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Prisma mkUSD (MKUSD) stands out as a decentralized borrowing protocol that empowers users to mi...

Stage
Pre-seed
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

Prisma mkUSD (MKUSD) stands out as a decentralized borrowing protocol that empowers users to mint a stablecoin, mkUSD, fully collateralized by liquid staking tokens. This innovative approach ensures that mkUSD maintains its value stability while leveraging the security and efficiency of blockchain technology. Unlike traditional stablecoins, mkUSD's value is underpinned by liquid staking tokens, which are assets that earn staking rewards while remaining liquid.

Expert Insight
Verified Pre-seed project.

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