Prisma Finance will modify the debt ceiling of four types of collateral assets before the launch of governance token.

BlockBeats reported on November 1st that the LSD stablecoin protocol, Prisma Finance, announced the launch of its governance token PRISMA on November 2nd at 00:00 UTC. In addition, the debt ceiling for four types of collateral assets will be adjusted before the token launch, lowering the minimum collateralization ratio for wstETH, rETH, and sfrxETH. Meanwhile, before the launch of PRISMA, the borrowing and lending interest rate will be set at 1%.