Prisma Finance has reached a debt ceiling of 30 million USD, with total collateral value exceeding 55 million USD

2023-09-15 22:05:58
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ChainCatcher news, the LSD stablecoin protocol Prisma Finance's wstETH, rETH, cbETH, and sfrxETH treasury has reached a total debt of $30 million hard cap after increasing the debt ceiling, with a total collateral value of $55.87 million.

ChainCatcher previously reported that the LSD stablecoin protocol Prisma Finance announced on social media that the new debt ceiling has been enabled, raising the debt ceiling for wstETH, rETH, and sfrxETH from 6 million mkUSD to 9 million mkUSD, and increasing the cbETH debt ceiling from 2 million mkUSD to 3 million mkUSD.

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