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BTC $79,103.71 -1.05%
ETH $2,488.53 -0.34%
BNB $739.44 -1.31%
XRP $1.40 -1.29%
SOL $103.61 -2.67%
TRX $0.3343 -0.27%
DOGE $0.0896 +0.19%
ADA $0.2190 -0.19%
BCH $259.97 +1.18%
LINK $12.74 +2.86%
HYPE $84.99 -3.32%
AAVE $131.57 -1.42%
SUI $0.8209 +2.85%
XLM $0.1895 +2.82%
ZEC $1,156.81 -5.25%

The LSD stablecoin protocol Prisma Finance has supported cbETH as collateral

2023-07-13 15:40:19

ChainCatcher news, the LSD stablecoin protocol Prisma Finance has supported cbETH as collateral. Users can obtain the native over-collateralized stablecoin acUSD by collateralizing cbETH, while the staking rewards of cbETH can be used to repay the borrowed acUSD through a self-repaying mechanism, gradually reducing the liquidation ratio and balancing the lending rates.

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