Redeeming PRISMA for Vesting RSUP tokens

Converting PRISMA, cvxPRISMA, and yPRISMA tokens

The Redeem PRISMA feature allows users to convert their Prisma-based tokens (PRISMA, cvxPRISMA, and yPRISMA) into a vesting allocation of RSUP tokens. This process allows Prisma token holders to convert to RSUP tokens. This can be found here below the Stake RSUP section. In order to see this section you must have a wallet with Prisma, cvxPrisma, or yPrisma connected.

Features of the Redemption System

• Token Conversion for RSUP tokens:

  • Users can convert PRISMA, cvxPRISMA, and yPRISMA into RSUP tokens.

  • Conversion occurs at a fixed 11.54:1 ratio.

  • Vesting duration: 5 years, meaning RSUP tokens will unlock gradually over this period of time.

• Custom Recipient Option:

  • Users can toggle "Use custom recipient" to send redeemed RSUP tokens to another wallet address.

Redemption Options

Redeem Prisma / cvxPRISMA / yPRISMA tokens

• Users can input a custom amount or use the "Max" button for full redemption.

• The process requires an "Approve" step before finalizing the redemption process.

How to Redeem

1. Enter the desired amount of Prisma, cvxPRISMA or yPRISMA tokens.

2. Click "Approve" to allow token conversion.

3. Once approved, select "Redeem for Vesting RSUP" to initiate the vesting process.