yPRISMA Overview

What is yPRISMA?

yPRISMA is Yearn's latest liquid locker, built for Prisma Finance's governance token (PRISMA). Let's review the basics of liquid locker tokens like yPRISMA:

They represent 1 vePRISMA max-locked to Yearn
They are not redeemable for the underlying locked PRISMA
They have no transfer restrictions and thus can always be swapped in DEX pools

Governance for Prisma is controlled by vePRISMA, a locked token position that grants users voting power, fee revenue, and boosted PRISMA emissions.

Because all PRISMA emissions come as locked vePRISMA, it is often inconvenient for users who want to avoid managing their position or want to cash out. yPRISMA aims to offer users a tokenized version of this position, giving them instant liquidity and auto-managing governance participation to maximize yield.

Earn Yield on yPRISMA

Yearn has 2 ways to earn yield on your yPRISMA; depositing to the YearnBoostedStaker contract to earn mkUSD or depositing to the yPRISMA Auto-Compounder V3 vault to earn more yPRISMA. The intricacies and details are documented here. Once you know which path you want to take, you can follow the step by step guide here.

More questions Anon? Head over to the FAQ.

Addresses

Core Protocol

Name	Address
PRISMA	`0xdA47862a83dac0c112BA89c6abC2159b95afd71C`
yPRISMA	`0xe3668873d944e4a949da05fc8bde419eff543882`
YearnBoostedStaker	[`TBC`](add link)
yvyPRISMA Vault/Token	[`TBC`](add link)
yvmkUSD-A Vault/Token	`0x04AeBe2e4301CdF5E9c57B01eBdfe4Ac4B48DD13`

Expired Farms and Contracts

Name	Address
*yPRISMA Staking (yvmkUSD-A rewards)	`0xE3EE395C9067dD15C492Ca950B101a7d6c85b5Fc`
*yPRISMA Staking (wstETH rewards)	`0x774a55C3Eeb79929fD445Ae97191228Ab39c4d0f`
*yPRISMA Staking (dYFI rewards)	`0x93283184650f4d3B4253ABd00978176732118428`
*yPRISMA LP Staking (yPRISMA rewards)	`0x6806D62AAdF2Ee97cd4BCE46BF5fCD89766EF246`
*yCRV Staking (yPRISMA rewards)	`0x84c94d739e075b3C7431bdb1A005F0412DF828a5`

*expired