Why did Binance's top female investor in the AMA talk about the stablecoin track? Because institutions believe that stablecoins are a market with more than 100 million users.
BNB Chain has been developing stablecoin projects, and ListaDAO combines Maker Dao's overcollateralization and algorithmic stablecoin rebase mechanism.
LISUSD is Lista DAO's decentralized stablecoin, using decentralized liquid pledged crypto assets as collateral. Unlike traditional stablecoins, LISUSD does not rely entirely on an absolute price peg to a fiat currency, but allows a certain amount of price fluctuations to better reflect the actual market situation. While maintaining decentralization, it provides a relatively stable value storage and transaction medium.
$LISTA is Lista DAO's governance token, which is used for the following functions:
· Governance: LISTA token holders can vote on the governance decisions of the protocol.
· Protocol incentives: When users borrow lisUSD with collateral or conduct liquidity mining in lisUSD and slisBNB pools, they can get LISTA tokens as rewards.
· Voting: Users can lock their LISTA tokens into veLISTA and vote for the collateral they want to use to mint lisUSD and the liquidity pools they want to get higher LISTA token emissions.
· Fee sharing: Users who lock LISTA for veLISTA will also be eligible for fee sharing.
Another core product of Lista DAO is liquidity staking, where users can stake crypto assets and get corresponding liquidity tokens to improve the efficiency of fund use.
Users can stake crypto assets such as BNB and get liquidity staking certificates (such as sLISBNB). These certificates can not only be used within the Lista DAO platform, but also on other DeFi platforms for lending, providing liquidity, etc., while still receiving staking rewards.
Liquidity staking separates the returns and liquidity of the staked assets, allowing users to flexibly use these assets for other DeFi activities while enjoying the staking returns.
When users stake BNB into the liquidity staking contract of Lista DAO, sLISBNB corresponding to the number of staked BNB will be generated.
Users can use sLISBNB for lending, liquidity provision, and other operations on various DeFi platforms while still receiving income from BNB staking.
