LISTA coin is the native crypto protocol token of Lista DAO.
1. Project Background:
- Lista DAO was formerly known as Helio Protocol, which was created in 2022. It was the issuer of the over-collateralized stablecoin HAY and aimed to become the MakerDAO protocol on the BNB chain. Later, after development and transformation, it became a composite project integrating "liquidity pledge protocol + decentralized stablecoin lending protocol".
2. Token Function:
- Governance function: LISTA coin holders can propose governance proposals and vote, and have decision-making power on the project's future features, upgrades, and some key parameters (such as allocating income pools for ecosystem development and growth, adding new vaults, protocol parameters and fee levels, etc.), ensuring that the protocol develops according to the needs and preferences of the community.
- Incentive mechanism: When users participate in specific activities of the protocol, such as borrowing its decentralized stablecoin LISUSD with collateral or participating in liquidity mining in the LISUSD and SLISBNB mining pools, they can receive LISTA coins as rewards, thereby encouraging users to actively participate in the protocol and increase liquidity and stability.
3. Issuance:
- The total issuance is 1 billion. The initial circulation is 230 million, and the issuance on Binance's token issuance platform Megadrop is 100 million.
4. Project advantages and features:
- High security: The project regards safety and security as its top priority. All products are thoroughly audited by leading companies, and it independently manages its own validator nodes to ensure the safety of users' assets.
- User-friendly interface: Prioritize providing an intuitive and easy-to-use user interface that allows users to operate and interact easily.
- Rich income opportunities: Through operations such as minting LISUSD and SLISBNB, users are provided with multiple opportunities to release BNB chain income. Whether it is mining or other forms of income acquisition, users have multiple options.
- Low borrowing costs: Users can borrow LISUSD at a low cost and with a wide range of collateral, with low fees or even zero fees in some cases.
In general, LISTA coin plays an important role in the Lista DAO ecosystem, and the project has certain influence and development potential in the BNB chain ecosystem.
#ListaDAO将Launchpool收益引入DeFi
