Prisma Finance initiates new proposal discussion to restore the protocol and restart lending transactions

Prisma Finance announced on X platform that a new proposal discussion has been initiated to restore the protocol and restart lending transactions. If approved, Prisma Finance will resume normal functionality, including full Vault management and deposits to the stable pool. Prisma DAO can continue to drive demand for mkUSD and ULTRA. In addition, before restoring the protocol, Prisma Finance will ensure that it is safe for all users. According to temperature checks and the method of receiving snapshots, on-chain voting may be launched within 2 to 6 days. Previously, Prisma Finance suspended the protocol after a vulnerability affected many users' personal vaults and stated that the remaining funds were safe.

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