It’s a BEP-20 and ERC-20 compatible token. It shall also be used to promote decentralized governance, where holders can propose and vote on proposals to determine upcoming upgrades, features, and parameters of the protocol.
The total supply will be 1,000,000,000. The token distribution looks like this:
Lista DAO functions as a open-source liquidity protocol for earning yields on collateralized Crypto assets #BNBToken , ETH, Stablecoins, and other cryptocurrencies) and borrowing of our decentralized stablecoin, lisUSD, also known as a "Destablecoin".
BENEFITS OF LISTA:
•Collateralise BNB.
•Borrow lisUSD
•Farm lisUSD
•Repay the loan (lisUSD + borrowing interest)
•Withdraw collateral
•Claim rewards in LISTA for borrowing lisUSD.
•Participate in protocol governance, using LISTA tokens
•It uses and expands the proven MakerDAO model for a decentralized, unbiased, collateral-backed destablecoin.
In Liquid staking:
•In the rapidly evolving landscape of decentralized finance (DeFi), Lista DAO has emerged as a pioneering force with its innovative liquid-staking protocol.
•This protocol not only enhances the yield potential of staked cryptos but also introduces a novel decentralized stablecoin, lisUSD.
•Today, Lista DAO stands at the forefront of the liquid staking narrative, aiming to revolutionize how users interact with collateralized assets across blockchain platforms.
