Following the launch of slisBNB last time, Lista Dao recently launched a new BNB derivative asset: clisBNB, a token launched to enhance the asset efficiency of BNB
Is this a bit confusing? Let’s review what the functions of slisBNB and clisBNB are and what problems they solve:
slisBNB: Lista DAO’s Liquidity Staking Token
The certificate obtained by the user after staking BNB. Users holding slisBNB can enjoy BNB staking rewards, while also providing liquidity in DeFi protocols, earning LP fees, and participating in Binance Launchpool rewards. Users can redeem slisBNB at any time to obtain the original BNB assets.
clisBNB: A token to enhance BNB’s asset efficiency
After users use BNB as collateral to borrow lisUSD, they will receive clisBNB, which is equivalent to BNB at a 1:1 ratio. clisBNB is mainly used to participate in Binance's new listing activities, but it cannot be traded or transferred. When the user pays off lisUSD and withdraws BNB, clisBNB will be destroyed. This design allows users to borrow more liquidity while enjoying the benefits of new listings.
In short, slisBNB solves the liquidity problem of pledged assets, while clisBNB solves the liquidity problem of loaned assets, so that your assets will not be limited to one task and can generate multiple returns at the same time.
1️⃣ Features and usage scenarios of clisBNB
1. Participate in new listings:
clisBNB can be used to buy new shares on Binance Launchpool, but it cannot be transferred or traded. After the loan is completed and lisUSD is returned, clisBNB will be automatically destroyed.
2. Double benefits:
Launchpool rewards: clisBNB holders can participate in the launch of new projects on the Binance platform and obtain token rewards.
Lending income: While holding clisBNB, users can also participate in various DeFi products by lending lisUSD on the chain to further expand their income.
3. Integration with stablecoin lisUSD:
clisBNB is generated after users borrow lisUSD by over-collateralizing BNB, allowing users to maximize the capital efficiency of BNB. lisUSD can also be used for other mining and profit-making activities
4. Restrictions on use:
clisBNB does not have trading and liquidity, and is only used for lending and new issuance related operations. Therefore, it is a temporary subsidiary certificate that focuses on helping users increase the utilization rate of BNB in the short term.
2️⃣ Summary
slisBNB emphasizes liquidity staking and long-term returns (such as LP returns and Binance rewards), while clisBNB is more inclined to new issuance and short-term lending, helping users unleash more potential for the use of BNB assets.
The versatility of Lista DAO makes the use of BNB more flexible, attracting user groups who want to expand asset utilization, making Binance's financial management system more flexible and versatile.
3️⃣ BNB portal worth mentioning
Binance has established an independent aggregation portal BNB.xyz @BNBxyz for BNB. Perhaps in the future, all BNB financial management and empowerment operations can be completed in one stop on this portal. For BNB Holders, this is quite exciting.
