According to Odaily, Lista DAO has announced the launch of its veLISTA and veToken governance model. LISTA, the governance token of Lista DAO, is distributed to users participating in various protocol activities. Users can lock their LISTA tokens to mint veLISTA, with a maximum lock-up period of 52 weeks, enabling them to actively engage in protocol governance, including initiating proposals and voting.
Holders of veLISTA are also eligible to receive a portion of the protocol's revenue based on their holdings. Lista DAO's revenue sources include early claim fees from LISTA, upcoming lisUSD mining, borrowing fees, and ETH withdrawal fees. On the other hand, the costs for Lista DAO encompass the lisUSD staking pool, the Risk Buffer Fund, and operational expenses.
Lista DAO aims to establish an open and transparent decision-making process using LISTA, leveraging community governance to drive its operations. To achieve this goal, the organization plans to gradually transfer decision-making power to the community, ensuring a fully decentralized and empowered governance model.
