ListaDAO's highest bid within one hour of its launch was around 0.8. As the "BNB version of MakerDAO", its benchmark in the market is MakerDAO, but it has made bolder attempts in the design and collateral of stablecoins.

For better visualization, I marked the correlation coefficient of the data. It can be seen that the coefficients of ListaDAO and MakerDAO are at similar levels except for FDV.

Therefore, two results can be deduced👇🏻

(1) Lista's TVL level will continue to grow in the future until the coefficient difference between FDV/TVL remains at a level of about 0.4

(2) If TVL does not keep up with the growth, the overall FDV level may continue to decline from the current level (that is, the current valuation level is inflated)

From my point of view, I think the first result is more likely, because Lista has adopted more and more aggressive collateral and can absorb more assets in the market.

This is just from a data perspective, without considering the arbitrage market brought by the stablecoin design of $LISTA (demand is still uncertain)🔺