Pryzm, a pioneering Layer 1 blockchain built for yield tokenization, has officially announced the launch of its Price Discovery Event (PDE). Breaking with traditional fundraising models, Pryzm’s community-first token distribution eliminates private sales entirely, giving retail investors a level playing field through an innovative mechanism called a Liquidity Bootstrapping Pool (LBP).
Developed by Refracted Labs, a team blending Wall Street pedigree with deep DeFi expertise, Pryzm is redefining how users interact with yield-bearing assets. Its vision is simple but powerful: to democratize access to advanced financial tools and reshape the token launch process into something truly equitable.
A Fair Launch Built for the People
Pryzm’s launch strategy flips the script on conventional token distribution. Rather than selling tokens to private investors before the public has access—often at discounted rates with early unlock privileges—Pryzm’s PDE removes these barriers altogether. There are no venture capital allocations, no private investor rewards, and no insider deals. Instead, the entire token supply designated for the public launch is made available through a community-first event.
The core of this process is Pryzm’s Liquidity Bootstrapping Pool, which uses the platform’s proprietary PulseTrade module. PulseTrade enables users to participate in a fully automated dollar-cost-averaging (DCA) process. Participants simply set a maximum price they are willing to pay for $PRYZM tokens, and the protocol gradually executes purchases over time. This reduces emotional trading decisions and helps mitigate price volatility—making the price discovery process both smoother and more transparent.
“Traditional token launches favor institutional investors over retail participants. Our PDE reverses this by ensuring community members get first access at fair prices,” said Olly, CEO of Refracted Labs. “This approach aligns with our mission to bring professional-grade financial tools to everyday investors.”
The PDE not only helps stabilize prices during the initial distribution but also encourages genuine community involvement by ensuring that early holders are not dominated by insiders looking to exit at the first opportunity. In doing so, Pryzm aims to build a stronger, more resilient ecosystem from the outset.
Advanced Yield Tools for Everyday Investors
Pryzm’s innovations extend far beyond its novel launch mechanism. At its core, the blockchain is designed to tokenize yield-bearing assets in a way that allows users to access, trade, and optimize their returns more effectively. Using Pryzm’s framework, users can split yield-generating assets into two components: principal tokens, which reflect price exposure, and yield tokens, which represent future interest earnings. This modular design allows users to tailor their investment strategies with greater precision and flexibility.
Additionally, Pryzm supports a suite of cross-chain DeFi tools, including liquid staking derivatives, advanced limit order functionality, and restaking protocols for compounded yield. Built on the Cosmos SDK with full IBC (Inter-Blockchain Communication) interoperability, Pryzm is engineered to work seamlessly with other blockchain ecosystems, expanding its utility and user base.
The team behind Pryzm isn’t just innovating—they’re building with a roadmap that reflects deep financial acumen and long-term vision. Upcoming features include:
- Seal: A fixed-term money market allowing users to lock in returns over set periods.
- Hedgehog: A non-recourse options protocol that introduces new hedging strategies for yield-bearing assets.
- Squirrel: A high-efficiency cross-chain orderbook that will further enhance liquidity and user control.
These features, combined with the platform’s native tools, are designed to bring DeFi to a new level of sophistication—while remaining accessible to non-institutional users.
Founded in 2022, Refracted Labs brings together former executives and technologists from leading financial institutions like Goldman Sachs and JPMorgan with seasoned blockchain engineers. The result is a platform that merges the best of traditional finance with the open, decentralized ethos of Web3.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
