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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.
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Chillista😏
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Update Alert!🚀 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. 3⃣Minting cap for lisUSD now up to 60M. Get ready for more flexibility and opportunities!
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Just hopped off a call with your Assets, they need some action🥊 Why snooze when you can get all of the action from our staking pools!
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🌟 Something BIG is brewing... 😼 Even our office cat’s been on overtime for this one!
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