LIVE🔥🔥🔥 What is Lista ($LISTA)?
The second project officially participates in Binance Megadrop.
⏩ What is Lista DAO (LISTA)?
Lista DAO is an LSDfi (Liquid Staking Derivatives) protocol built on BNB Chain. It allows users to profit from collateralized crypto assets (such as BNB, ETH, stablecoins) and borrow decentralized stablecoin lisUSD (“Destablecoin”).
At the same time, it also expands the MakerDAO model with a dual token system (lisUSD and LISTA) and provides conversion, collateral, borrowing, and yield farming mechanisms.
The project was renamed from Helio Protocol and was established in 2022 with the goal of becoming the 2nd Maker DAO on the BNB chain. July 4, 2023. In July 2023, Helio merged with Synclub and launched LSDFi Foundation - the origin of Lista DAO.
At the same time, the project's token was also changed from HELIO to LISTA and the stablecoins were also changed to tokens prefixed with lis. That's why we have the name Lista DAO now.
⏩ Lista product
Destablecoin (LisUSD)
Destablecoins are assets that do not aim to achieve absolute price stability with fiat currencies such as the USD, allowing for some price fluctuations due to exchange rate and interest rate differences. It uses an over-collateralized model backed by crypto assets, similar to DAI, but differs in that it is completely decentralized and does not attempt to maintain value in a specific fiat currency. .
In Lista DAO, this destablecoin is called lisUSD and supports BNB, ETH, stablecoins and other crypto assets.
Unlike stablecoins such as USDT, DAI, USDD and PAXG, destablecoins are not intended to stabilize prices but allow fluctuations like traditional currencies.
Lista DAO allows users to mortgage and borrow lisBNB tokens from two types of assets:
- Classic Collateral: Assets such as ETH, BNB, wBETH on BNB Chain and can integrate native ETH on
- Ethereum.Innovation Zone: Liquid restaking token and liquid staking token assets such as weETH, ezETH and STONE on BNB Chain.
CrabCoin Synthetic!
LIVE
