Lista DAO is an open-source liquidity protocol that allows you to profit from collateralized crypto assets and borrowing the project's stablecoin. At the time of writing this review, the developers promise returns of up to 10% per annum.
According to the project team, their main goal is to make DeFi more accessible.
Lista DAO operates in the BNB Chain ecosystem, but the developers plan to integrate other blockchains. First on the list is Ethereum, according to the protocol’s website.
Why is everyone talking about Lista DAO?
The project attracted attention thanks to the IFO of its own LISTA token. The developers plan to use it to pay rewards and manage the protocol. Let's look into the details.
The Lista DAO team offered users a protocol model with two tokens. The first is lisUSD, which is a decentralized, asset-backed stablecoin that its developers call “Destablecoin.”
Is LISTA worth investing in?
LISTA has the advantage of being supported by the largest crypto exchange Binance. Few projects can boast of such partners. However, you should not make an investment decision based solely on the support of well-known companies. It is necessary to independently study all the details of the Lista DAO protocol.
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