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The LSD stablecoin protocol Prisma Finance has supported cbETH as collateral

2023-07-13 15:40:19

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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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cbETH Prisma Finance

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cbETH Prisma Finance

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Prisma Finance

Stablecoin protocol supported by LST

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