Recently, Binance's top investor expressed optimism about the stablecoin track in an AMA, which attracted the attention of the industry. Binance has been committed to brand building, expanding traffic and improving trading scenarios, among which the stablecoin business is an important development direction. At present, Binance is developing multiple stablecoin projects, such as GrizzlyFi$GNHY, Pancake IFO project Wombat and ListaDAO. Among them, ListaDAO is a hybrid algorithmic stablecoin, which is characterized by increased liquidity pledge and liquidity of liquidity providers on decentralized exchanges, which helps to enhance capital efficiency and reduce the risk of fund freezing.

ListaDAO contains two tokens, lisUSD (stablecoin) and LISTA (platform coin). LISTA is the governance token of Lista DAO, which is used for protocol governance, protocol incentives, voting and fee sharing. The total amount of LISTA is 1 billion, with an initial circulation of 230 million. The initial price of the launch is expected to be 0.3u/piece. Referring to the stablecoin project $ENA launched on Binance in the first half of the year, the market value of LISTA is expected to reach more than 100 million to 300 million US dollars, and the listing price should be between 0.43-1.5u.