The LSD stablecoin protocol Prisma Finance has supported cbETH as collateral

2023-07-13 15:40:19

Collection

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.

source

warnning

Risk warning

Related tags

cbETH Prisma Finance

Related reading

Coinbase allows U.S. users to borrow up to $1 million in USDC by using cbETH as collateral

2026-01-23 17:49

Coinbase International has added ADA and cbETH as collateral for perpetual futures trading

2025-03-20 08:35

The supply of Coinbase cbETH has dropped to 650,000, a decrease of over 50% compared to the previous period.

2024-08-09 17:52

Scam Sniffer: A user lost over $660,000 in cbETH due to signing a Permit phishing signature.

2024-06-17 08:11

Related tags

cbETH Prisma Finance

Mention the project

Prisma Finance

Stablecoin protocol supported by LST

app_icon

ChainCatcher Building the Web3 world with innovations.