📱 LIP #003 - Listing wstETH as Classic Collateral on Lista DAO

LIP #003 proposes listing @LidoFinance $wstETH as a classic collateral asset on ListaDAO for minting lisUSD. This aims to provide users with a highly liquid and popular collateral option, enhancing capital efficiency and potentially increasing the user base of Lista Protocol. 📈✹

Vote now: https://t.co/6TwpdCSZxl

Voting Period: from 21th August at 8 AM to 24th August at 8 AM, UTC +0.

This proposal includes updating our platform to support wstETH and setting risk parameters as follows:

đŸ”čLoad Limit: 5M lisUSD

đŸ”čMinimum Collateral Ratio (MCR): 150%

đŸ”čBorrow Interest Rate: 7%

đŸ”čMinimum Deposit Amount: 0.1 wstETH

By integrating wstETH as collateral:

đŸ”č Users gain access to leverage using the 8th largest crypto by market cap.

đŸ”č It increases capital efficiency by enabling more options for users to mint lisUSD.

đŸ”č It enhances liquidity and platform activity, strengthening Lista DAO's market presence.

Voting Options:

Yes: Approve listing $wstETH as classic collateral.

No: Maintain the current list of collaterals.

Thank you for your participation and support in shaping the future of Lista DAO! 🚀🌐