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Mint Prism
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Lock DEF/ETH LP to mint PRISM
FromBalance: 0.0
Estimated PRISM minted: 0
Cost to Mint PRISM:$26.21
Cost to Buy PRISM:$14.37
Cost to Buy bPrism$23.32
Currently cheaper to Buy Prism over Minting
To
PRISM info
Prism is minted by locking DEF/ETH LP in the Deflect DEF/ETH LP vault, effectively burning it forever. This is a one-way conversion, meaning you can’t go back and convert your Prism back into DEF/ETH LP later on. The conversion rate will be locked in at 0.000005 DEF/ETH LP:1 Prism.
One of the Deflect token’s flagship features is its fee redistribution mechanism, which splits a portion of all Deflect transactions among Deflect holders.
Prism further amplifies this effect and benefits Deflect holders by virtue of requiring Deflect to be bought and then supplied into the liquidity pool, a two-step process that is incentivised to be done more over time as Prism market value continues to surpass its underlying DEF/ETH LP value.
Prism minters get a share of the 0.25% fee from all chains that PRISM is traded on relevant to the % of prism supply they have historically minted
Please read our latest medium article for more information.
- 0.25% share of all PRISM volume on Ethereum Network
- 0.25% share of all bPRISM volume on BSC
- 0.25% share of all mPRISM volume on Polygon Network
- 0.25% share of all aPRISM volume on Avalanche Network
- 0.25% share of all fPRISM volume on Fantom Network
Global Stake bonus
When you mint prism you can get global boost on every single pool your in. Global boosts boost every single pool you stake in, regardless of network.
- 15 historically minted prism = 5% global boost
- 30 historically minted prism = 10% global boost
- 75 historically minted prism = 25% global boost
- 150 historically minted prism = 50% global boost
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