Prisma Finance launches first proposal to increase wstETH debt limit to 200 million mkUSD

Stablecoin protocol Prisma Finance has announced the release of its first proposal, PIP 001, which aims to increase the debt ceiling of the wstETH treasury from the current 100 million mkUSD to 200 million mkUSD, allowing more users to participate in the minting of mkUSD. The proposal is currently open for voting and is expected to end on November 4, 2023, with a current approval rate of 100%.

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