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:

🔹Load Limit: 5M lisUSD

🔹Minimum Collateral Ratio (MCR): 110%

🔹Borrow Interest Rate: 4%

🔹Minimum Deposit Amount: 100 USDT

By integrating USDT as collateral:

🔹 Users gain access to leverage using the most widely used stablecoin by market cap.

🔹 It increases capital efficiency by enabling more options for users to mint lisUSD.

🔹 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! 🚀🌐