LIP-005: Inclusion of USDT as a Collateral Option for Borrowing lisUSD (COLLATERAL-EXPANSION)

LIP #005 proposes listing $USDT as a collateral asset on ListaDAO for minting lisUSD.

This aims to expand the range of assets available, enhancing platform flexibility and potentially increasing the user base of Lista Protocol. 📈✹

Vote now: https://t.co/mMsyYf64Tc

This proposal includes updating our platform to support USDT and setting risk parameters as follows:

đŸ”čLoad Limit: 5M lisUSD

đŸ”čMinimum Collateral Ratio (MCR): 110%

đŸ”čBorrow Interest Rate: 4%

đŸ”čMinimum Deposit Amount: 100 USDT

By integrating USDT as collateral:

đŸ”č Users gain access to leverage using the most widely used stablecoin by market cap.

đŸ”č It increases capital efficiency by enabling more options for users to mint lisUSD.

đŸ”č It enhances liquidity and platform activity, strengthening Lista DAO's market presence.

Voting Options:

Yes: Approve listing $USDT as collateral.

No: Maintain the current list of collaterals.

Thank you for your participation and support in shaping the future of Lista DAO! 🚀🌐

#USDTÂ