Add PRISMA/WETH to the gauge controller

Gauge Proposals
#1

Summary:

Prisma is a new DeFi primitive focused on unlocking the full potential of Ethereum liquid staking tokens (LSTs).

Prisma allows users to mint a stablecoin (mkUSD) fully collateralized by liquid staking tokens. The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX, and PRISMA on top of their Ethereum staking rewards.

Prisma’s codebase is completely immutable, based on Liquity, in order to create a robust protocol and truly decentralized stablecoin with favorable and flexible collateral parameters to make it attractive for those wanting to get more from their LSTs without tail risks from other stablecoins. The Prisma DAO will be in charge of parameters, emissions, and protocol fees.

Prisma has completed three audits from Nomoi, MixBytes and Zellic.

Prisma has previously received a seed investment from Curve Finance, Convex, Frax, LlamaNodes and many others.

There are currently two gauges with mkUSD on Curve (mkUSD/crvUSD and mkusd/FRAXBP). mkUSD has a supply of $40m and a TVL of over $80m.
The protocol was also approved to lock CRV which it has done in the past few weeks.

References/Useful links:

• Website
• Documentation
• Github Page
• Communities: Twitter, Discord
• Audits
• Intro post
• Setting Prisma apart

Protocol Description:

mkUSD is the stable coin issued by Prisma; it is minted using LSTs including: frxETH, rETH, stETH and cbETH
PRISMA is the governance token for the Prisma DAO.

Motivation:

Prisma Finance has acquired in an OTC deal and on chain over 2M CRV which we have locked with the intention of voting for our own pools.
PRISMA/ETH pool will be on Curve, incentivized by PRISMA tokens as directed by PRISMA voters
PRISMA token is launching on Thursday 2nd at midnight UTC

PRISMA address is 0xda47862a83dac0c112ba89c6abc2159b95afd71c

Specifications:

  1. Governance: The Prisma DAO will launch at the same time as the Prisma token, on Thursday 2nd at midnight UTC.

  2. Oracles: Prisma uses Chainlink oracles as well as a custom Frax oracle (also used by crvUSD)

  3. Audits: GitHub - prisma-fi/audits: Audits for Prisma Finance.

  4. Centralization vectors: Prisma is fully decentralized with minimal admin controls outlined here https://docs.prismafinance.com/governance/admin-functions

Vote

https://dao.curve.fi/vote/ownership/479

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