Prisma Finance July 31, 2023
Prisma Finance
Findings Impact LevelCount
Critical1
High0
Medium0
Low1
Informational2
Prepared by
About
Prisma is a new DeFi primitive focused on unlocking the full potential of Ethereum liquid-staking tokens (LSTs).
Prisma allows users to mint a stablecoin (acUSD) fully collateralized by liquid staking tokens. The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX, and PRISMA on top of their Ethereum staking rewards.
Executive Summary
Zellic conducted a security assessment for Prisma Finance from July 3rd to July 28th, 2023. During this engagement, Zellic reviewed Prisma Finance's code for security vulnerabilities, design issues, and general weaknesses in security posture.