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Prisma is a decentralized borrowing protocol that allows users to mint a stablecoin, mkUSD, that is fully collateralized by liquid staking tokens.In addition to the collateral, the loans are secured by a Stability Pool containing mkUSD and by fellow borrowers collectively acting as guarantors of last resort. Learn more about these mechanisms under liquidations.Prisma as a protocol is non-custodial, immutable, and censorship-resistant.
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