Trustworks (TRUST) partners with Prism Network for Smart-Contract Infrastructure

2 min readMay 14, 2021

Trustworks (TRUST) has entered an infrastructure partnership with Prism Network for smart contracts, cross chain networking, and staking pools.

The initial phase of this collaboration will be utilising Prism Network farming as a service infrastructure to host TRUST liquidity farming pools.

The objective of this collaboration is to merge DeFi & NFT landscape and offer a true incentived model for both communities. Trustworks is creating an NFT governance ecosystem, with the help of PRISM Network, both communities will be able to benefit from each others strengths.

Staking Pools

There will be five initial pools on the Prism Network Platform running for a total duration of 12 weeks.

24 hour pre-staking will commence on Saturday 15th May, to ensure a fair pool launch.
Staking pool will begin emitting rewards on Sunday 16th May.
We will release a follow up article and staking guide once 24 hour pre-staking is available.

1. bPRISM/BNB -> 35,000 TRUST

Duration – 70 days

2. bPRISM/TRUST -> 50,000 TRUST

Duration – 90 days

3. BNB/TRUST -> 65,000 TRUST

Duration – 90 days

4. BUSD/TRUST -> 25,000 TRUST

Duration – 60 days

5. CAKE/TRUST -> 25,000 TRUST

Duration – 60 days

Global Boosts (boosts every pool you stake in)

Historically minted PRISM by locking DEF/ETH LP in the Prism Minting Contract on Ethereum Main-Net.

5% – 15 historically minted PRISM

10% – 30 historically minted PRISM

25% – 75 historically minted PRISM

50% – 150 historically minted PRISM

Local Boosts: (boosts only this pool)

Spend Boosts once pools are live to increase your yield.

CAKE
BNB
bPRISM
BUSD

Future Collaboration

Both projects understand that design patterns in the DeFi space are blending into the NFT marketplaces.

Trustworks has taken a bold step by introducing NFT governance and DAO mechanics embedded in a passive income model, providing a decentralized governance environment for its app users. Prism will support Trustworks in the implementation of its NFT governance and integration of a truely seamless DAO framework.

About Prism Network

Prism Network is a Universal DeFi servicing hub with its own bridging and cross-chain infrastructure that provides services for projects on Ethereum, Binance Smart Chain, Polygon, TomoChain & xDAI via its cross chain token PRISM.

Prism Network gives developers and projects the tools, resources and infrastructure to integrate with any of these networks seamlessly.

Prism Network website – https://prismnetwork.io

Prism Network Discord – https://discord.gg/2zQPe92psr

Prism Network Twitter – https://twitter.com/prismnetwork_io