Prisma Finance Launches Liquidity Reward Token “smkUSD”

The LSD stablecoin protocol, Prisma Finance, announced the launch of the liquidity reward token "smkUSD" for mkUSD on Twitter. Prisma Finance stated that the stable pool is an important part of the Prisma system, which can achieve efficient settlement and help maintain the system's solvency. It is reported that more than two-thirds of the mkUSD supply is stored in the stable pool, providing stability for the Prisma protocol. SmkUSD will represent the mkUSD deposited in the stable pool and can be used for re-collateralization and rebalancing.