TechFlow news, LSD stablecoin protocol Prisma Finance announced it will launch its governance token PRISMA on November 2nd, with a total supply of 300 million tokens. The distribution is as follows:
- 186 million (approximately 62% of the total supply) will be managed by the Prisma DAO to reward specific actions and liquidity pools within the Prisma protocol.
- 60 million (20%) will be distributed to core contributors, linearly unlocked over 12 months starting from TGE.
- 30 million (10%) will be distributed to early supporters, linearly unlocked over 12 months starting from TGE.
- 15 million (5%) will be held in the Prisma DAO treasury.
- 9 million (3%) will be distributed to veCRV voters and Prisma Points holders.
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