Prisma Finance: PIP-009 proposal passed, sfrxETH debt limit increased to 50 million mkUSD
The LSD stablecoin protocol Prisma Finance tweeted that the PIP-009 proposal has officially been passed, and the debt ceiling for sfrxETH has been raised from the previous 33 million mkUSD to 50 million mkUSD. mkUSD is Prisma Finance's over-collateralized stablecoin, and users can use the liquid staking tokens wstETH, rETH, cbETH, and sfrxETH for collateral and minting. According to data from the Prisma Finance official website, the debt ceilings for these liquid staking tokens are currently 200 million mkUSD, 60 million mkUSD, 7 million mkUSD, and 0 mkUSD, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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