It’s time to initiate the Buy & Burn program 🔥

In this article, we will go over the program, how it works, and when the users can expect it.

According to the PRISM token economics, 100% of the fees earned by the aggregator is going into buyback of PRISM on the market, after which, it is split in the following way:

50% of PRISM bought gets burned

50% of PRISM bought gets airdropped to single-sided stakers of PRISM.

Since single-sided staking is upcoming, until it’s released, we will be conducting 100% buyback & burn.

How it works

We will continuously buy back PRISM token with the fees earned throughout every month, and burn it at the end of the monthly period.

In Q2 2022, we will switch from monthly to weekly burns.

First Burn Date

First Burn will be conducted on 14:00 UTC, December 30, 2021.

Each burn session will be announced through our Twitter & Discord.

To stay updated on the progress of PRISM, follow us on socials and join our Discord:

Twitter — https://twitter.com/prism_ag

Discord — https://discord.gg/prism-ag

Trade on Solana with the best prices:

Website — https://prism.ag