Project Description:
Lista DAO is an open source liquidity protocol for earning yield on collateralized crypto assets and borrowing their decentralized stablecoin lisusD (also known as “Destablecoin”).
It utilizes a dual token model (lisUsD and LISTA) and extends the MakerDAO model to provide a decentralized, unbiased, collateral-backed stablecoin while leveraging decentralized liquidity assets.
Created by DeFi and smart contract experts, ListaDAO aims to position lisuSD as a leading stablecoin by integrating proof-of-stake rewards and yield assets, with a focus on decentralization, capital efficiency, and broader blockchain adoption.
Financing Information:
ListaDAO, formerly known as Helio Protocol, was created in 2022 and is the issuer of the over-collateralized stablecoin HAY. It aims to be the Maker DAO protocol on the BNB chain.
In August last year, Binance Labs announced a $10 million investment in Helio Protocol to help it continue its transformation into a liquidity staking platform while helping it expand to other networks.
Data information:
ListaDAO’s TVL growth rate has been very significant in recent months, and it currently ranks 4th in the BNB ecological TVL;
Source:defillama
As of June 17, the official website shows that the total TVL on the ListaDAO platform is $567 million, of which the collateral value exceeds $330 million and the liquid pledged assets are worth about $236 million.
Users can borrow the stablecoin lisUSD in an over-collateralized manner by pledging ETH, BNB native assets, or LSD assets such as slisBNB. The current annualized yield of staking the stablecoin lisUSD is 9.75%. The TVL is $26.8 million.
Token Information:
The protocol consists of two tokens:
$lisUSD (stablecoin)
$LISTA (Platform Coin)
lisUSD and LISTA support instant transfer of asset mortgage, borrowing, and yield mining.
Token Economics:
Users can perform pledge and liquidity pledge in ListaDAO. By staking various crypto assets (BNB, ETH, slisBNB, wBETH and BTCB, etc.), users can borrow lisUSD. The borrowed lisUSD is pegged to USD and can be used for many other things, such as:
lisUSD Mining
Repayment (lisUSD plus loan interest
Withdrawal of collateral
Receive Lista rewards for borrowing lisUSD
Participate in protocol governance with LISTA tokens
Token Allocation:
According to a research report released by Binance Research, Lista DAO's native token LISTA is a BEP-20 token with a total supply of 1,000,000,000. The specific distribution is as follows:
The circulating supply after listing is approximately 230,000,000 (approximately 23.0% of the total token supply). 10% of this comes from Binance Megadrop, 10% from project airdrops, and 3% from the Lista ecosystem.
