Hours after the launch of Prisma Finance, wstETH and sfrxETH have reached their debt ceiling

2023-09-01 20:43:34

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ChainCatcher message, the LSD stablecoin protocol Prisma Finance reached its debt ceiling for wstETH and sfrxETH just hours after launching on the Ethereum mainnet. Users can still mint mkUSD using rETH and cbETH as collateral.

Currently, the total value of collateral in Prisma Finance has exceeded 30 million dollars, with total debt at 16.4 million dollars, leaving only 360 mkUSD available for minting.

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