LIP #013 - Proposal to to add mCAKE, mLISTA, and mwBETH as collateral options in the Innovation Zone
This proposal aims to include mCAKE, mLISTA, and mwBETH as collateral options in the Innovation Zone on Lista DAO. By integrating these assets simultaneously, the proposal seeks to broaden the range of available collateral, promote innovation, and attract more on-chain users to the ecosystem, as these assets are key components of the Magpie ecosystem.
Vote now: https://t.co/BNw2jWZMsG
Voting Period: Now - Monday 13th January 2025 4:30 PM (UTC+8)
About mCAKE, mLISTA, and mwBETH:
- mCake:
Cakepie is a SubDAO established by Magpie to enhance the long-term sustainability of PancakeSwap.
- mLISTA:
Listapie is an advanced SubDAO developed by Magpie to enhance the enduring viability of Lista DAO’s CDP and liquid staking services.
- mwBETH:
Eigenpie is a Liquid Restaking Platform within EigenLayer that allows users to restake their assets to validate new services while earning rewards and maintaining liquidity through LRTs.
Benefits (Pros)
Earn yields by holding these tokens while simultaneously accessing liquidity through lisUSD.
Enhance the utility of lisUSD and attract users from the Magpie ecosystem to Lista DAO.
The inclusion of these collaterals is expected to increase Total Value Locked (TVL) and improve overall utility within the Innovation Zone.
Downside (Cons)
Adoption and liquidity challenges during market volatility.
Voting Options
Yes: Approve the addition of mCAKE, mLISTA, and mwBETH as collateral options in the Innovation Zone, according to the specified parameters.
No: To keep current collateral options.