๐Ÿต๏ธWhy Prismic?

Welcome to the comprehensive Prismic protocol documentation.

Prismic is the primary protocol behind $pUSD, a yield-bearing, fully-backed stablecoin constructed utilizing Uniswap V3's dynamic liquidity engine and farm. This protocol proficiently deploys Prismic Protocol's $prismUSDC along with Prismic FARM, a robust farming tool, to generate lucrative yield back to Prismic investors.

Within this documentation, you will become familiar with three key components: pUSD, $PRISM, and $xPRISM.

  1. pUSD: This is our yield-bearing, fully-backed stablecoin. pUSD harnesses the power of Uniswap V3's liquidity engine, allowing for efficient and effective farming. With the stability of the US dollar and the flexibility of the crypto world, pUSD bridges the gap between traditional and decentralized finance.

  2. PRISM: This is the fundamental governance token for the Prismic protocol. As a PRISM holder, you have a direct say in the future and development of the protocol. This active participation ensures transparency and decentralization, which are at the heart of our ecosystem.

  3. xPRISM: This represents a staked claim in the Prismic ecosystem. When you stake your PRISM tokens, you receive xPRISM tokens in return. This not only signifies your investment in the project but also your potential share in the rewards generated by the Prismic FARM.

By combining these elements, the Prismic protocol offers an innovative approach to yield farming and stablecoin creation. We look forward to your participation in our protocol and can't wait to see how it evolves with your involvement.

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