In this article, we answer questions such as what is Lista Token, its features, advantages, what it does, tokenomics, whitepaper, etc., which took part in the Binance Megadrop event.
What is Lista DAO?
Lista DAO is a platform for generating returns on collateralized Crypto assets ( $BNB , $ETH , Stablecoins and other cryptocurrencies) and borrowing our decentralized stablecoin lisUSD, also known as “Destablecoin” It functions as an open source liquidity protocol for
It uses and extends the proven MakerDAO model for a decentralized, neutral, collateral-backed stablecoin.
The protocol is based on a dual token model (lisUSD and #lista ) and supports instant conversions, asset collateralization, borrowing, yield farming, etc. It consists of a number of supporting mechanisms. We are native to the BNB Chain ecosystem and have plans to expand to multiple chains. near future.
The protocol was created by DeFi and smart contract experts to position the revolutionary premium lisUSD Destablecoin as the most widely used coin by leveraging Proof-of-Stake (PoS) rewards and yield-generating assets.
Why Lista?
Many stablecoin protocols have become overly dependent on one model (fully collateralized) or gone to another extreme (fully algorithmic with no backing).
Collateralized stablecoins either carry custody risk or require over-collateralization on-chain. These models provide a very tight fixation with higher confidence than purely algorithmic designs.
Purely algorithmic designs such as Basis, Empty Set Dollar, and Seigniorage Shares provide a highly unreliable and scalable model that captures Bitcoin's initial vision of decentralized money but lacks stability.
Unfortunately, the decentralized crypto lending model we have seen over the last decade has done little to democratize financial services. Most blockchain-based lending protocols promise low fees, fast execution, and high returns, but they continue to suffer from inefficiencies in design resulting from the “Stablecoin Trilemma.” This trilemma forces stablecoin developers to focus on mechanisms that can sacrifice decentralization, price stability, or capital efficiency.
The aim behind Lista DAO is to propose a solution to the capital efficiency problem arising from the over-collateralized stablecoin experience by allowing users to leverage their funds with a collateralized debt position (CDP). Thanks to a combination of Liquid Staking, the functionality of the MakerDAO model and additional liquidity from LPs on DEXs, Lista will avoid problems such as frozen funds (fiat-backed) or loss of held value (algorithmic) due to price instability.
Lista was created by experienced DeFi experts and smart contract developers to position the premium revolutionary lisUSD destablecoin as the most widely used coin by leveraging Proof-of-Stake (PoS) rewards, Binance Liquid Staking, and yield-generating assets.
Lista DAO aims to help mainstream adoption of blockchain technologies by encouraging borrowers and stakers to become part of the new decentralized economy of scale.
Lista DAO allows users to:
Collateralize BNB.
Borrow LisUSD
farm listUSD
Repayment of the loan (lisUSD + borrowing interest)
Withdrawal of collateral
Claim rewards on LISTA to borrow LisUSD (coming soon)
Participate in protocol governance using LISTA tokens (coming soon)
What is Lista Token - Coin?
The native cryptographically secure exchangeable protocol token of Lista DAO (LISTA) is a transferable representation of the attributed governance and utility functions specified in the Lista DAO protocol/code, designed to be used solely as an interoperable utility token.
LISTA is a functional, multi-purpose token that will be used as a medium of exchange in a decentralized manner between participants in the Lista DAO. The aim of introducing LISTA is to provide a convenient and secure mode of payment and settlement between participants interacting within the ecosystem on Lista DAO without any intermediary such as centralized third party organization/institution/credit.
It is not, and is not intended to be, a means of exchange accepted by the public (or any segment of society) for payment of goods or services or payment of a debt; nor is it intended or intended to be used by any person as payment for any goods or services not exclusively provided by the issuer.
LISTA in no way represents any share, ownership, participation, right, title or interest in the Lista DAO, any affiliate or any other company, organization or enterprise, and LISTA does not entitle its token holders to any remuneration, dividend promise .
Lista Tokenomics
Binance Megadrop: 10.00% of the total token supply
Airdrop: 10.00% of the total token supply
Investors & Advisors: 19.00% of the total token supply
Team: 3.50% of the total token supply
Community: 40.00% of the total token supply
DAO Treasury: 8.00% of the total token supply
Ecosystem: 9.50% of the total token supply
