ChainCatcher news, Lista DAO has released a proposal titled 'Utilizing lisUSD Savings Rate to Launch Peg Stability Module', which currently has a voting support rate of 100%. Voting will end on November 25.
The proposal includes introducing a Peg Stability Module (PSM) and a lisUSD Savings Rate (LSR) to enhance the price stability of lisUSD and provide users with deposit returns. Initially, the PSM supports USDT with a total quota of 5 million lisUSD, and support for FDUSD and USDC will gradually increase in the future, with a maximum limit of 15 million lisUSD. The initial interest rate for LSR is pegged to a fixed spread of 1% below the borrowing rate of lisUSD against BNB and will be dynamically adjusted based on market demand. Additionally, a 2% fee will be charged for exchanging lisUSD for USDT, while exchanging USDT for lisUSD will be fee-free.