Understanding cvxPRISMA

Information regarding the cvxPRISMA and how to use it in Convex Finance

cvxPRISMA is tokenized vePRISMA

  • If a user deposits PRISMA into Convex, that PRISMA is locked forever on the platform as vePRISMA.

  • A tokenized version of vePRISMA,, cvxPRISMA, is returned to the user at a 1:1 rate.

  • cvxPRISMA conversion is unidirectional. Liquidity pools may exist that allow users to swap cvxPRISMA for PRISMA tokens.

cvxPRISMA Staking

  • cvxPRISMA can be staked on Convex to receive a portion of fees one would get for staking their vePRISMA on Prisma Finance, as PRISMA.

Additionally, users staking cvxPRISMA may receive the platform native token CVX.

PreviousConvex for Prisma FinanceNextConvex for PRISMA Boosts

Last updated