What is Prism

Article Summary, Automatically Generated By AI

Summary of PRISM

  • PRISM is a dex aggregator on Solana with a user-friendly interface that auto-routes transactions across multiple liquidity sources for best prices.
  • Features: simple swap interface and advanced DEX based on order books.
  • PRISM Token Utility:

    • Governance
    • Fee Structure: 20% to PRISM Host, 40% to buy & burn PRISM, 40% airdropped to PRISM stakers
    • Swap Fee Discounts for PRISM stakers (Tiers TBA)
    • Stakers get tickets in trading competitions
  • Numbers and Figures:
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About Prism: Illuminating the Future of Blockchain

PRISM is a cutting-edge decentralized exchange (DEX) aggregator on Solana, boasting a sleek and intuitive interface that seamlessly auto-routes transactions across multiple liquidity sources to ensure optimal pricing. The platform offers a dual-pronged approach, featuring a user-friendly swap interface for simplicity, alongside a comprehensive, full-fledged DEX based on order books for advanced users.

The Multifaceted Utility of PRISM Tokens:

  1. Governance

  2. The Prism Fee Structure is as follows: 20% of fees are allocated to the Prism Host (the platform integrating and hosting the Prism UI), 40% are utilized for buying and burning PRISM, and the remaining 40% are airdropped to PRISM stakers.

  3. PRISM stakers are eligible for discounted swap fees, with tiered benefits to be announced in due course.

  4. Stakers are entitled to receive tickets for participation in trading competitions.

Governance and Decision-Making Framework

The Prism Fee Structure is as follows: 20% of fees are allocated to the PRISM Host, the platform responsible for integrating and hosting the Prism UI. Meanwhile, 40% of fees are utilized for the buyback and burning of PRISM, and the remaining 40% are airdropped to PRISM stakers.

Exclusive Swap Fee Discounts for Loyal PRISM Stakers (Tiered Benefits to be Revealed Soon)

Participants in the staking process are rewarded with tickets that grant them entry into trading competitions.

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