Convert Optimism OP to YieldFi yPRISM YPRISM

Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more

YieldFi yPRISM is a tokenized yield vault that provides on-chain access to PRISM, a multi-strategy yield portfolio managed by FalconX’s quantitative asset management arm, Monarq, and tokenized by OpenEden. yPRISM represents a user’s proportional share of assets deposited into the PRISM pre-deposit vault on YieldFi. During the pre-deposit phase, assets are held in yield-bearing stablecoin instruments and later allocated into PRISM once the main strategy is activated. The vault enables users to participate in structured yield products using blockchain-based infrastructure while maintaining transparent accounting, on-chain settlement, and standardized tokenized ownership.