LSDFi Season — Prisma Finance. Prisma claims to be “The End Game

LSDFi Season — Prisma Finance. Prisma claims to be “The End Game

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Lybra is a project that leverages ETH liquid staking derivatives (LSDs) as collateral to mint stablecoins, taking advantage of the popularity of both LSD and stablecoin assets. It is a fork of…

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Tanaka (💙,🧡) on X: The TVL on the @PrismaFi has increased ~4x in 24 hours, from $85M to $324M, due to high APR farming on the protocol This makes me wonder whether

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LSDFi: The Spiral of Liquidity. Deep dive into LSDFi, lending., by MTS