Overcollateralized borrowers deposit funds into Prisma Finance and receive mkUSD stablecoin.

Prisma Finance is a non-custodial stablecoin protocol built on Ethereum. Prisma Finance was founded by an anonymous team and launched in the fall of 2023.

PRISMA tokenholders own & govern the protocol. They currently take all of the total fees paid by borrowers (revenue). Prisma Finance’s investors include Michael Egorov, OKX Ventures, and Frax Finance.

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Prisma Finance

# Prisma Finance Maximum token supply Methodology

## 1. Overview

The Prisma Finance maximum token supply metric represents the theoretical maximum number of tokens that can ever exist for the Prisma Finance protocol. This is a static protocol parameter that defines the hard cap on token issuance, set at 300 million tokens. The metric provides a daily time series showing this constant maximum supply value from the token's launch date forward, serving as a reference point for calculating metrics like token supply utilization rates or remaining mintable tokens.

## 2. Data sources

This metric does not derive from blockchain transaction data or external price feeds. Instead, it relies on:
- **Protocol specifications**: The maximum token supply limit as defined in the Prisma Finance protocol documentation or token contract
- **Token launch information**: The official launch date when the Prisma Finance token became active
- **Governance or whitepaper documentation**: Sources that establish the 300 million token hard cap

## 3. Step-by-step calculation

### Component A: Static configuration setup
- **Purpose**: Define the fundamental parameters for Prisma Finance's maximum token supply
- **Logic**: The calculation establishes three core static values. The `timestamp` is set to August 30, 2023 at midnight UTC, representing the token's launch date. The `timestamp_grain` is configured as 'day' to indicate daily reporting frequency. The `token_supply_maximum` is hardcoded as 300,000,000, representing the maximum possible tokens that can exist for this protocol.
- **Key fields**: `timestamp` (launch date), `timestamp_grain` (reporting frequency), `token_supply_maximum` (300 million token limit)

### Final aggregation
- **Time series generation**: The finalize macro applies a fill-forward strategy to create a daily time series from the launch date to present
- **Standardization**: The data is formatted into the standard Token Terminal metric structure with project identifier 'prismafinance'
- **Final calculation**: No mathematical calculation occurs - the metric simply repeats the static maximum supply value of 300,000,000 tokens for each day since launch, providing a constant reference point for the protocol's token supply ceiling

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

Prisma FinancePRISMA

Maximum token supply

Maximum token supply

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