PRSM. The yield from every primitive flows here.
Prism has no stablecoin. Every fee lending interest, option premium, basket mint/burn, liquidation penalty is collected in the same bStock the user transacted in. The FeeRouter splits each batch three ways into sPRSM. Triple-diversified yield: buyback-driven PRSM appreciation, basket-exposure via pINDEX, raw bStock Merkle drops.
1 sPRSM = 1.000000 PRSM · share price grows from buybacks. Deposits vest 7 d linearly.
Each batch of bStock fees is swapped to PRSM on PancakeSwap V3 (bStock → WBNB → PRSM) and deposited into sPRSM.distribute(), lifting the share price.
Same batch's middle third is used to mint pINDEX shares against the bStock; shares are forwarded to sPRSM, giving stakers diversified basket exposure on top of the PRSM appreciation.
Remaining third accumulates per-bStock in the FeeRouter merkle escrow. Weekly snapshot, claimable pro-rata by sPRSM holders in the original bStock form zero swap, zero slippage.
+Why the triple-split
Most protocols hand stakers a single yield texture (more of the gov token, or more of a stable). Prism hands sPRSM three textures simultaneously PRSM appreciation, pINDEX basket exposure, raw bStock dividends. The split is enforced by FeeRouter on every distribution call and cannot be diverted by admin.
A pure-bStock value-accrual loop. No stable ever touches the path.
Stakers get diversified exposure to the protocol's gross revenue, the basket of underlying equities, AND the gov token. Three sources of return, one staking action.
FeeRouter.collect() called by every primitive; distribute() permissionless, splits - 33 /33/34 to the three sinks. Each sink is immutable post-deployment.
- 1.Earn PRSM via airdrops + emissions (MerkleRewards).
- 2.Stake into sPRSM. Share price grows from buybacks + pINDEX donations.
- 3.Claim Merkle-drop weekly to collect your raw bStock share.
- 4.Compound by re-staking sPRSM shares auto-accrete in PRSM terms.