💥Community Incentives: 1️⃣ veLISTA Holders: Currently fixed at 250K LISTA/week. 2️⃣ LPs & lisUSD Pool: Enjoy 62.5K LISTA/week. 3️⃣ Total Emission: 312.5K weekly, approx 1.25M LISTA/month. 4️⃣ Future emission rates will be decided through DAO voting
💥Governance Power: 1/Vote on Proposals: Vote on pivotal decisions directly on our Snapshot platform. 2/Raise Proposals: The team will incorporate good ideas brought up by the community 3/Voting gauge: vote on collaterals for lisUSD, and choose LPs for higher emissions. (Q3)
💥How to get your $veLISTA? Lock $LISTA on Lista DAO: Choose your lock period from 1 week to 52 weeks. The longer you lock, the more $veLISTA you get! 📈 🔹 Lock for 52 weeks = 52 veLISTA 🔹 Lock for 20 weeks = 20 veLISTA 🔹 Lock for 1 week = 1 veLISTA
LIP #009 proposes the introduction of the Peg Stability Module (PSM) and the lisUSD Savings Rate (LSR) to enhance the price stability of lisUSD and provide a stable yield for deposits.
Vote now: https://t.co/cik4ueu04T Voting Period: 1:40 PM, Nov 22, 2024 to 1:40 PM, Nov 25, 2024(UTC)
Proposal Summary: This proposal introduces two key functions:
1⃣Peg Stability Module (PSM): Provides bidirectional exchange between lisUSD and USDT to enhance price stability. 2⃣lisUSD Savings Rate (LSR): Provides stable yields for lisUSD deposits.
The PSM will initially support USDT, with a total allocation of 5 million lisUSD, and will gradually add support for FDUSD and USDC based on market demand. The PSM's maximum limit is capped at 15 million lisUSD. The initial interest rate for LSR will be pegged to a fixed spread of 1% below lisUSD’s borrowing rate against BNB and adjusted based on market demand.
Voting Options: Yes: Approve the launch of the Peg Stability Module (PSM) and lisUSD Savings Rate (LSR). No: Reject the proposal, keeping PSM and LSR off the Lista DAO platform. Thank you for your participation and support in shaping the future of @Lista_DAO.
1⃣To better adapt to market conditions, we're shifting from a fixed R0 to a dynamic R0 for our AMO. This change means we can adjust more flexibly, ensuring our platform remains stable and efficient.
2⃣Borrowing cap for lisUSD with BNB collateral increased to 50M.
When unstaking slisBNB: 1️⃣ BNB Chain Regulations: The 7-day unstaking period is a preset rule by BNB Chain. 2️⃣ All transactions are managed by smart contracts, and no manual intervention is possible.
🔄 Tips: To avoid waiting during your next unstaking, consider swapping slisBNB directly for BNB or depositing in @VenusProtocol for more flexibility
Start your week the right way! 💼 Enjoy access to our exclusive liquidity pools on @PancakeSwap and @ThenaFi_ 🚀 You also get to enjoy Lista emissions and CAC S3 points! 💸🎯
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