Surface Layer
The Surface Layer is the user-facing interface for PRISM.
It does not define financial truth. It reads protocol state, explains it clearly, and helps users make decisions based on risk preference.
Dashboard
The dashboard displays:
- NAV per tranche.
- Vault allocation.
- User positions.
- Profit and loss.
- AMM market price.
- Difference between NAV and market price.
- Credit event history.
- Loss cascade visualization.
Strategy Interface
PRISM can expose strategy presets for users who do not want to manually choose tranche weights.
Example presets:
| Strategy | Allocation Bias | User Intent |
|---|---|---|
| Conservative | Prime-heavy | Lower-risk exposure |
| Balanced | Prime + Core | Mixed yield and protection |
| Aggressive | Alpha-heavy | Higher-risk residual upside |
These presets are interface-level tools. They do not change the underlying protocol rules.
Position Readout
For each user position, the Surface Layer should show:
- Token balance.
- Current NAV redemption value.
- Estimated AMM exit value.
- Unrealized gain or loss.
- Exposure to future losses.
- Position in the capital stack.
Demo Experience
The main PRISM demo should make the financial mechanics visible:
- Deposit into a tranche.
- Accrue yield.
- Observe waterfall distribution.
- Trigger default.
- Watch the loss cascade.
- Observe AMM repricing.
- Withdraw or trade.
The goal is not only to show transactions. The goal is to show credit risk becoming legible.