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Prisma FinancePrisma Financeby0xcaD9653550286Eb1D4779D622A6a5218b446b57CPrisma Finance

[PIP-036] Unpausing Prisma Protocol - re-enable borrowing post-security incident

Voting ended almost 2 years agoSucceeded

Unpausing the protocol is a critical part of the path to recovery and it will reestablish normal functionality, including complete Vault management and deposits into the Stability Pool.

Nothing has changed in the market demand for stablecoins overcollateralized by LSTs and LRTs. After undertaking the safety precautions outlined below and enacting this proposal, the Prisma DAO can continue to drive demand for mkUSD and ULTRA and work with other protocols to further the DeFi space.

Read more: https://gov.prismafinance.com/t/unpausing-prisma-protocol-re-enable-borrowing-post-security-incident/159/1

Off-Chain Vote

Yes
116.71M vePRISMA100%
No
0 vePRISMA0%
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Discussion

Prisma Finance[PIP-036] Unpausing Prisma Protocol - re-enable borrowing post-security incident

Timeline

Apr 04, 2024Proposal created
Apr 04, 2024Proposal vote started
Apr 07, 2024Proposal vote ended
Jan 11, 2025Proposal updated