The partnership between TrustWorks and PRISM is very essential because it would help in maintaining cross-chain compatibility while also providing users the opportunity to earn while staking rewards with their TRUST, further bringing utility to the ecosystem.
Prism ($PRISM) is the core ecosystem utility token backed by the Uniswap DEF/ETH liquidity pool tokens (LP) used in its minting process.
All products on the Prism platform are accessed using Prism in some form, making it one of the most valuable assets you can acquire in the Prism ecosystem.
Use Case & Benefits
- Medium of exchange on the Prism Bridges
- Passive income mechanism & liquidity provisioning incentive
- Access to up to 10% of all launchpad project tokens
- Access to the Prism ecosystem
- Arbitrage opportunities
- Increased volume generation for Deflect token
- Burned boosts for yield farming pools on Prism
- Future utility of being collateralized for borrow/lending products on Prism & more
Prism Network will be providing much-needed infrastructure support for the Trust works ecosystem. By supplying staking pools, and liquidity farming pools.
PRISM will be hosting the following staking pools featuring $TRUST:
- bPRISM / TRUST - 90-day duration
- BUSD / TRUST - 60-day duration
- BNB / TRUST - 90-day duration
- CAKE / TRUST - 60-day duration
To ensure the fair launch of these pools, a 24-hour pre-staking period will take place starting 5/15/21. Rewards will begin to be emitted from the pools starting 5/16/21.
ABOUT TRUST WORKS
TrustWorks is a development company focused on the areas of blockchain, AI, and financial technologies. TrustWorks have been working with public and private sector organizations since 2018.
Follow trust works on Twitter, https://twitter.com/trustworkglobal_nft