According to BlockBeats, Lista DAO has announced a partnership with BounceBit on July 4th. As part of this collaboration, Lista DAO will support BounceBit's BBTC as collateral. This move allows users to borrow lisUSD under Lista's innovation zone.
The partnership is a strategic move for both entities. For Lista DAO, it provides an opportunity to expand its services and offer more options to its users. On the other hand, BounceBit gets a chance to increase the utility of its BBTC tokens.
The collaboration is expected to benefit the users of both platforms. They can now use BBTC tokens as collateral to borrow lisUSD, which can be used for various purposes. This development is a significant step towards enhancing the functionality and user experience of both platforms.