So
@prism_lp is one of the smartest things I've seen on CT as of late.
Here's the simple version: the token itself is the liquidity position. You just hold $PRISM in your wallet.
No staking, no extra contracts, nothing complicated.
Every full unit automatically gives you one of the 5,000 Prism NFTs that owns a piece of the main LP pool. Swaps on that pool send fees straight to the holders. Super clean. And it gets better. When people trade the index tokens built on top, some of those NFTs get burned forever. That makes your share bigger over time.
They've already paid out over $130k in real fees to holders in the first month, and more is coming.
Then there's Spectrum. It's a launchpad where anyone can create their own on-chain baskets or ETFs in one click. Think AI projects, gold mixes, whatever. The people who make them earn a cut, the basket holders earn fees too, and Prism holders get the biggest piece.
No management fees, you actually get paid to hold the basket. It's simple ownership that actually works. Hold the token, earn real yield, watch the supply shrink. This is what good DeFi primitives should feel like. Definitely one to watch.
DYOR of course.
Shoutout to
@OGDfarmer for bringing this on my timeline.