IMPORTANT ANNOUNCEMENT:
Due to ongoing market volatility we have reluctantly decided to delay the $PRISM launch by 1 week, pushing the launch date to 1st February 2022.
Due to ongoing market volatility we have reluctantly decided to delay the $PRISM launch by 1 week, pushing the launch date to 1st February 2022.
As a decentralised application we feel it’s important that the $PRISM governance token is widely distributed & we want to ensure that everyone who wants to participate in the $PRISM launch has the opportunity to do so.
Following feedback from the PRISM community, we understand that many prospective participants’ priorities are currently focused on managing risk elsewhere & that a new token launch, at this time, would be a distraction.
We were ready to deploy & given this delay we will continue building in order to have additional token functionality at the Phase 2 launch.
Phase 2 is the launch of PRISM swap & initially we intended on just launching with the $PRISM / $UST LP.
Phase 2 is the launch of PRISM swap & initially we intended on just launching with the $PRISM / $UST LP.
With this additional runway we expect to have PRISM governance staking available, as well as the $PRISM / $xPRISM LP at the Phase 2 launch, which is planned to go live following the Phase 1 PRISM Forge event, on 6th February.
We hope that you understand the decision to delay the launch, the decision was taken with the best interests of the community at heart. If you have any questions or comments, come and talk to us in the PRISM telegram or discord channels.
As a reminder of the initial launch schedule & the various phases involved, please see the launch announcement article here: prism-protocol.medium.com/prism-launch-a…
The article will be updated with the new dates & changes shortly.
The article will be updated with the new dates & changes shortly.
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