The project can be introduced in one sentence: Lybra on bnbchain.
BINANCE issued an announcement announcing that it will launch the Binance Megadrop project - LISTA (Lista), and will be the first platform to list this token.
LISTA Project BackgroundLISTA is the merger of LIquid STAking, the driving force behind our stablecoin. Following the merger with Synclub and the investment from Binance Labs, our unwavering commitment lies in leveraging liquidity staking as the cornerstone of our products and technology.
What is LISTA?
Project name: Lista DAO
Token abbreviation: LISTA
Total Tokens: 1 billion LISTA
Initial circulation: 23% of total tokens
Listing time: Listing after Megadrop is completed
Introduction: Lista DAO, a major player in the decentralized finance (DeFi) space focusing on collateralized debt positions (CDPs) and liquid staking, is about to engage the crypto community by unveiling its Cosmic Adventure Challenge (CAC) and launching lisBNB. CAC promises an immersive and rewarding experience, giving participants the opportunity to earn points and receive a share of the highly anticipated LISTA airdrop. At the same time, as a tokenized version of staking BNB, lisBNB is expected to revolutionize DeFi strategies within the ListaDAO ecosystem.
What is more important to understand is that the yields we offer on lisUSD are sustainable because they are driven by the income we generate from our liquidity staking collateral. Every week, the team distributes our liquidity staking rewards to various DEXs and mining pools as a portion of the APY received by stakers. In this way, we are able to sustainably generate real yields and provide real value to our users. This is relatively advantageous because some other CDP protocols do not have liquidity staking and do not perform any yield-generating operations on their collateral. As mentioned earlier, Lista is able to do this securely and we self-manage our own validator node Synclub. Our liquidity staking capabilities position lisUSD as a decentralized stablecoin with multiple deep liquidity options and attractive and sustainable liquidity farming opportunities.