defi: News of Lista DAO (LISTA) - June 2024 Price Update - 13.88% Breakout Crypto News and Analysis

defi: News of Lista DAO (LISTA) - June 2024 Price Update - 13.88% Breakout Crypto News and Analysis

< Show Article: News of Lista DAO (LISTA) - June 2024 Price Update - 13.88% Breakout Crypto News and Analysisarticle avatarAbdullahi Saleh Saidu

Cute, funny and a little bit crazy!!!

Explore the Core.

LISTA is the native utility token that is used for: * Governance: LISTA token holders can vote on protocol’s governance decisions. * Protocol Incentivization: Users can earn LISTA tokens as rewards when they borrow lisUSD against collaterals or do liquidity farming in lisUSD and slisBNB pools. * Voting gauge: users can lock their LISTA tokens as veLISTA and vote for the collaterals that they want to use to mint lisUSD and the liquidity pools that they want to provide LP with higher emissions. * Revenue sharing: Users who lock their LISTA for veLISTA will also be eligible for revenue sharing. LISTA includes: 1. stablecoin pegged to the USD, and is fully over-collateralized by crypto assets such as BNB, ETH, slisBNB and wBETH. In phase 1, lisUSD leverages on the proven MakerDAO models for a decentralized and unbiased stablecoin product. Lista will eventually transition into Liquity’s code base in Phase 2 on both Ethereum and BSC, which is expected to be in Q2 of 2024. 2. BNB liquid staking token slisBNB: slisBNB is Lista DAO’s native yield bearing and liquid staking token for BNB. slisBNB appreciates against BNB in line with BNB’s staking APR, allowing users have the freedom to earn additional yields on different DeFi platforms while earning staking rewards passively.

article avatarOla Victoria

Spot the Main Event:

Trading is now live for lista_dao $LISTA on Binance. $LISTA/USDT will be listed in Innovation Zone on 2024-06-20 10:00 (UTC). Lista DAO is a project that makes DeFi easier by providing secure, simple and permissionless LSDfi and CDP solutions.

article avatarAdekanmi Owojori

Freelancer , Copy Writer and Crypto lover

Explore the Core.

Lista DAO functions as the open-source decentralized stablecoin lending protocol powered by LSDfi. Users can undergo staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral. LISTA is the native utility token that is used for: * Governance: LISTA token holders can vote on protocol’s governance decisions. * Protocol Incentivization: Users can earn LISTA tokens as rewards when they borrow lisUSD against collaterals or do liquidity farming in lisUSD and slisBNB pools. * Voting gauge: users can lock their LISTA tokens as veLISTA and vote for the collaterals that they want to use to mint lisUSD and the liquidity pools that they want to provide LP with higher emissions. * Revenue sharing: Users who lock their LISTA for veLISTA will also be eligible for revenue sharing. LISTA includes: 1. stablecoin pegged to the USD, and is fully over-collateralized by crypto assets such as BNB, ETH, slisBNB and wBETH. In phase 1, lisUSD leverages on the proven MakerDAO models for a decentralized and unbiased stablecoin product. Lista will eventually transition into Liquity’s code base in Phase 2 on both Ethereum and BSC, which is expected to be in Q2 of 2024. 2. BNB liquid staking token slisBNB: slisBNB is Lista DAO’s native yield bearing and liquid staking token for BNB. slisBNB appreciates against BNB in line with BNB’s staking APR, allowing users have the freedom to earn additional yields on different DeFi platforms while earning staking rewards passively.

article avatarAliu adinoyi

Student

Spot the Main Event:

$LISTA/USDT got listed in Innovation Zone on 2024-06-20 10:00 (UTC). Lista DAO is a project that makes DeFi easier by providing secure, simple and permissionless LSDfi and CDP solutions. Bitget Will List Lista DAO (LISTA)

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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