PRYZM

What is PRYZM?

PRYZM is a **Layer‑1 blockchain built on the Cosmos SDK**, meticulously designed to revolutionize yield management. It enables organizations to **deconstruct yield‑bearing assets** into discrete components—principal, yield, and governance—providing precision over financial exposure and portfolio composition :contentReference[oaicite:1]{index=1}.

At its core is a **refraction engine** that splits yield-bearing tokens—such as liquid staking coins or DeFi cTokens—into principal tokens (pTokens) and yield tokens (yTokens). This allows businesses to separate and monetize future yield independently of the underlying asset, unlocking capital efficiency and tailored risk strategies :contentReference[oaicite:2]{index=2}.

PRYZM supports **interchain liquid staking** with its ICStaking module, enabling secure staking of assets like ATOM, INJ, and ETH, while generating tradable derivatives such as cATOM. Governance activities are also tokenized: pGov and Treasury modules enable management of voting and protocol decisions using modular, chain-level tools :contentReference[oaicite:3]{index=3}.

Under the hood, PRYZM leverages **Tendermint consensus with Cosmos SDK** and is optimized for **Optimistic Execution**—delivering sub‑second block times (~0.4 s in testing) and scalable IBC interoperability for cross‑chain yield operations :contentReference[oaicite:4]{index=4}.

The blockchain is supported by **specialized AMMs** tailored for yield and principal token trading—such as Yield AMM and WAMM—alongside advanced trading utilities like FlowTrade, PulseTrade, limit orders, DCA tools, and restaking options, enabling institutions to program sophisticated DeFi strategies with precision and efficiency :contentReference[oaicite:5]{index=5}.

PRYZM’s modular architecture is fully **permissionless and interoperable**, supporting yield tokenization for any asset across Cosmos and beyond via IBC, while offering permissionless onboarding and governance tokenization capabilities :contentReference[oaicite:6]{index=6}.

Integration with Cryptoworth

By integrating PRYZM with Cryptoworth, finance teams can automatically ingest pToken/yToken transactions, staking operations, governance activity, and trading events. Cryptoworth constructs a structured subledger—capturing:

• Principal vs. yield separation
• Liquid staking denominated returns
• Trading activities (mint, trade, burn)
• Governance token utilization

This enables **automated cost basis and income allocation**, clean subledger entries, and exportable journals compatible with QuickBooks, NetSuite, or ERP systems—empowering accurate, audit-ready accounting workflows.

Learn More

• PRYZM Official Website
• PRYZM Developer Documentation
• PRYZM GitHub Repositories

Frequently Asked Questions

How do pTokens and yTokens work in PRYZM?

When you deposit a yield-bearing asset—such as a liquid staking token—PRYZM uses its refraction engine to split it into pTokens (principal) and yTokens (future yield). The pToken represents your original capital and can be redeemed at maturity, while the yToken represents the right to future yield over a defined period :contentReference[oaicite:7]{index=7}. Cryptoworth tracks each token separately, assigning cost basis to pTokens and income recognition to yTokens—simplifying yield reporting. Learn about structured financial workflows at our Crypto Accounting Software page.

Can I integrate PRYZM yield data into existing ERP systems?

Yes. Cryptoworth captures all PRYZM-related events—staking, minting, trading, yield collection, and governance transfers. It compiles these into formatted journal entries and subledger reports, ready for import into QuickBooks, NetSuite, or your ERP—ensuring consistent, auditable financial reconciliation. Discover more in our Crypto Audit pillar page.

What governance actions does Cryptoworth support for PRYZM?

PRYZM governance is modular: pGov tokens empower voting, and treasury management can transfer platform-level value. Cryptoworth identifies these events—such as delegation, voting proposals, and treasury allocations—and marks them as governance activity within the subledger. These entries are exportable for tracking governance influence and resource flows, aligning with the Accounts Receivable Automation Software approach.