LIP-009: Peg Stability Module (PSM) and lisUSD Savings Rate (LSR) Implementation

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.