CDP stablecoin and LSDfi provider ListaDAO has introduced a range of updates to strengthen its ecosystem, improve stability, enhance user experience, and expand utility. The updates include the Peg Stability Module (PSM), the Direct Deposit lisUSD Module (D3M), slisBNB-to-clisBNB minting, lisUSD Meme Fundraising initiatives, and a redesigned user interface (UI).
The lisUSD PSM is designed to bolster liquidity and stability within the ListaDAO ecosystem. Users can now mint lisUSD at a 1:1 ratio using USDT, with plans to support USDC and FDUSD in the near future. Depositing USDT into the module allows users to earn competitive APRs ranging from 41% to 283%. To ensure controlled issuance and system stability, the initial lisUSD rollout is capped at 5 million. Additionally, users benefit from a 0% fee when converting USDT to lisUSD. For those with existing lisUSD, the migration to the new Lista Savings Rate (LSR) pool can be done manually, with support provided until June 30, 2025. The LSR pool has a cap of 30 million lisUSD to maintain sustainable growth.
The D3M enhances lisUSD’s utility by seamlessly integrating it with third-party lending pools. This credit-based minting system optimizes lending rates dynamically, improves capital efficiency by maximizing fund usage, and broadens lisUSD’s applications across the decentralized finance (DeFi) space. The initial phase of the rollout is capped at 2.5 million lisUSD.
1/7. Lista DAO 2024: The Final Sprint
Pushing boundaries with transformative updates on @BNBCHAIN! Here's an overview:
1⃣ Peg Stability Module
2⃣ Direct Deposit lisUSD Module
3⃣ slisBNB minting clisBNB
4⃣ lisUSD Meme Fundraising
5⃣ New UI
Visit Now: https://t.co/PDiQ9GhqRg pic.twitter.com/H3eRLptRMp
— Lista DAO (@lista_dao) November 28, 2024
ListaDAO Launches SlisBNB-To-ClisBNB Minting, Advances MEME Fundraising
The slisBNB-to-clisBNB minting feature simplifies and enhances mining capabilities. This update allows users to convert slisBNB to clisBNB at a ratio of 1:0.9709. It maximizes the utility of slisBNB, enabling users to borrow lisUSD while simultaneously earning Binance Launchpool rewards. This feature also creates opportunities for higher yields and adds new layers of utility to slisBNB and clisBNB within the ecosystem.
The lisUSD Meme Fundraising initiative opens new opportunities for projects to leverage lisUSD and slisBNB pairs. Tokens launched with these pairs will receive marketing support, and some may qualify for LISTA emissions, further promoting innovation and engagement within the ecosystem.
ListaDAO has also unveiled a redesigned user interface. The new UI is sleek and intuitive and integrates all of the platform’s key features, making it easier for users to navigate and engage with the ecosystem effectively.
ListaDAO is committed to transforming the DeFi landscape. By prioritizing accessibility, innovation, and user-focused solutions, it strives to simplify DeFi processes and make them more approachable for a diverse range of users.
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