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Prism
@prism_lp
one v4 pool. five thousand facets.
8 Following    2.4K Followers
Community has made a linktree including all ecosystem links and products, making it easier for holders to navigate, will be updated in real time as we launch more products in the future🌈
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Very interesting initiative from the community, moving on the Prism ecosystem will have more contributors and builders instead of being tied to a single dev or party. We aim to grow into a decentralized ecosystem that provide the right incentives to attract more contributors, and most importantly always drive value back to $Prism holders🌈
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In less than one month, $Prism has streamed over $130K to our holders from swaps through auto-fee distribution using Uniswap V4 hooks. Over 14 whole Prism has been bought back and burned permanently. We look forward to increase these parameters with more ecosystem apps launching such as @spectrumindexes V2 and @giveagiiift. All of the apps in Prism eco has a built-in 10% fee on the contract level for buying back and burn $Prism, making sure value flows back to all $Prism holders. You can keep tracking on how Prism eco is doing on our community dashboard: Gprism🌈
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Creating the onchain index industry is a huge priority for the Prism Ecosystem and with Spectrum Mini, the path is laid out for this new burgeoning asset class onchain, made possible with @Uniswap V4 Hooks. The Global TradFi Index industry: $15 Trillion The Global Onchain Index industry: $0 Trillion It's soon time to even the playing field.
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Some of the exciting new features about the upcoming @spectrumindexes V2: - Versioned Baskets (Allowing Redeem In Kind and Migration allowing a creator to add, remove and re-weight assets) - USDC Pool Pairs Accepted - More Flexible Fee Logic (Creator 0-30% fees, Operator Fee Switch) - Redeem In Kind Redemption - USDC pools allow for xStocks and Onchain RWAs - V2 FE software handles complexity of adding assets to a basket including pool address and fee logic - V2 FE has social elements allowing influencers and ecosystems to tag themselves as the creator of a basket - V2 FE has smart discovery features Gspectrum🌈
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