Pryzm is the layer one blockchain for yield optimization. Built using the Cosmos SDK, Pryzm has been part of the Interchain Builders program’s first cohort, collaborating closely with the team for over two years.
Pryzm builds tools to manage volatile prices and unstable yields, helping users to optimize profits, unlock and tokenize future yield, and manage risks.
The team is strongly aligned with the success of ATOM, using it as their primary asset for gas fees, leveraging the LSM module, restaking ATOM to secure their chain, and enabling liquid voting with ATOM.
Pryzm initially requested $390,000 but revised the proposal to $50,000 with specific milestones.
This grant supports Pryzm’s efforts to grow daily active users, trading volume, and TVL while launching key initiatives like the Pryzm Photons Campaign and Yield Launch Platform. These innovations aim to enhance ATOM’s utility through yield trading, liquid staking, and user engagement, driving value to the Cosmos ecosystem.