Many people don’t know that in the process of holding BNB, funds can actually be used flexibly, rather than just leaving it to watch its rise and fall. Through multiple strategies, this article tells you how to combine staking, lending and mining to improve the utilization rate of each fund and make your BNB earn more and faster than others!

This is a super simple clisBNB deposit guide to teach you how to use BNB to participate in Lista DAO and earn more income. Are you ready? Let's get started!

Connect your wallet
First open the Lista DAO platform and link your Binance web3 wallet (note that you must use the Binance wallet to participate in mining)

Go to CDP dashboard
Find the Lista DAO CDP dashboard, which is where you deposit your BNB. Simply put, it is your "collateral management center".

Select BNB and click Deposit
Click the “Deposit” button and select the BNB you want to use as collateral. Confirm that everything is correct and click on it.

Enter the amount of BNB you want to deposit
Fill in the amount of BNB you want to deposit in the input box. It depends on your mood to deposit how much, but remember not to invest all your savings!

Check the delegate address
If you are using the Binance Web3 MPC wallet, skip the "Delegate clisBNB to" option and click "Deposit". After the deposit is completed, clisBNB will be automatically sent to your Binance wallet.

Specify the destination address (if not using Binance wallet)
If you are not using the Binance Web3 MPC wallet, you must first check the "Delegate clisBNB to" checkbox and then fill in your Binance Web3 MPC wallet address (because subsequent earnings must be managed through this wallet).

Confirm your deposit and view the results
Once the transaction is successful, you will be able to see clisBNB in ​​your Binance Web3 MPC wallet. At this point, you have completed the entire process.

clisBNB is tied to your BNB deposit and cannot be transferred to another wallet address. To change it, you must withdraw your BNB first (note that it takes 7-15 days to unlock). When unlocking, clisBNB will be destroyed. After you have completed the clisBNB deposit, you can use it to participate in Binance's Launchpool event! Remember to look at the wallet address carefully when depositing and choose the right wallet to avoid subsequent troubles.

Let's talk about how to use the borrowed lisusd

Put it into the liquidity pool for mining:
Pair lisUSD with USDT, put it into the liquidity pool for mining, and earn mining income, which is equivalent to using borrowed money to make money again! 💥If you want to do this, you must consider the fluctuation of the exchange rate and the impermanent loss💥

Lend it out and earn interest:
Lend lisUSD to other platforms and earn deposit interest, which can bring additional income.

arbitrage:
If there is a price gap between lisUSD and other stablecoins, you can earn the difference by buying low and selling high.

Convert to stablecoins for investment:
Exchange lisUSD for other stablecoins, and then put it into a liquidity pool or project with higher annualized returns to continue investing.

Amplify the operating lever:
Use the borrowed lisUSD to buy BNB, pledge it and borrow again to increase the loan amount. This is equivalent to using the same principal to do more operations and earn more income, but the risk will also be higher.

Participate in governance or receive airdrops:
Sometimes holding lisUSD will gain governance voting rights in the platform, or get additional rewards (like the third quarter airdrop).

Prepayment:
If the borrowing interest rate rises, you can also pay back the unused lisUSD to reduce interest expenses.

ListaDAO's clisBNB gameplay can obtain higher overall returns through a dual-income strategy (Launchpool mining + borrowing and reinvestment), but it requires a higher sensitivity to the market and operational flexibility. In actual operation, you can choose the most suitable strategy based on your risk tolerance and profit goals.
#ListaDAO将Launchpool收益引入DeFi