📢 LIP #004 - Inclusion of FDUSD as a Collateral Option for Borrowing lisUSD (COLLATERAL-EXPANSION)
LIP #004 seeks to integrate FDUSD as a new collateral option for borrowing lisUSD on ListaDAO. This aims to provide users with a stable and widely-used asset, enhancing capital efficiency and potentially increasing the user base of Lista Protocol. 📈✨
Vote now: https://t.co/dxj5EwXkjI
Voting Period: [Aug 23rd ~ Aug 26th 8:00 AM, UTC +0].
This proposal includes updating our platform to recognize FDUSD as eligible collateral and setting risk parameters as follows:
🔹Minimum Collateral Ratio (MCR): 110%
🔹Loan Limit: 5M lisUSD
🔹Loan Interest Rate: 7%
🔹Minimum Deposit Amount: 100 FDUSD
By adding FDUSD as collateral:
🔹 Users gain access to leverage using a stablecoin with a significant market cap.
🔹 It increases capital efficiency by enabling more options for users to mint lisUSD.
🔹 It enhances liquidity and platform activity, strengthening Lista DAO's market presence.
Voting Options:
Yes: Approve the inclusion of FDUSD as classic collateral.
No: Maintain the current list of collaterals.
Thank you for your participation and support in shaping the future of Lista DAO! 🚀