What is Lista DAO, Binance Megadrop’s 2nd Project.
The cryptocurrency world is continuously evolving, with new projects and innovations emerging to enhance financial systems and provide unique opportunities for investors. One such innovative project is Lista DAO, the second project to be featured on the Binance Megadrop
Lista DAO is an open-source liquidity protocol designed for earning yields on collateralized crypto assets and borrowing a decentralized stablecoin called lisUSD. This protocol operates on the BNB Chain ecosystem and aims to expand to multiple chains in the near future. The core functionality of Lista DAO is based on a dual token model comprising lisUSD and LISTA tokens
As of the latest update, Lista DAO has a Total Value Locked (TVL) of $320 million according to DefiLlama. This figure represents the total amount of assets locked within the protocol, highlighting its growing popularity and user trust.