What is Lista DAO (LISTA)?
Lista DAO operates as an open-source decentralized stablecoin lending protocol powered by LSDfi. Users can participate in staking and liquid staking on Lista and borrow lisUSD against a variety of decentralized collateral. LISTA is the native utility token, utilized for: - **Governance**: Holders of the LISTA token can participate in governance decisions of the protocol. - **Protocol Incentivization**: Users can earn LISTA tokens as rewards when they borrow lisUSD against collateral or engage in liquidity farming within the lisUSD and slisBNB pools. - **Voting Gauge**: Users have the ability to lock their LISTA tokens as veLISTA, allowing them to vote on the collaterals they prefer for minting lisUSD and the liquidity pools they wish to support with higher emissions. - **Revenue Sharing**: Users who lock their LISTA tokens in veLISTA become eligible for revenue sharing. LISTA comprises: 1. A stablecoin pegged to the USD, fully over-collateralized by crypto assets such as BNB, ETH, slisBNB, and wBETH. In Phase 1, lisUSD relies on the established MakerDAO models to offer a decentralized and unbiased stablecoin product. Lista plans to eventually transition into Liquity’s code base in Phase 2 on both Ethereum and BSC, anticipated in the second quarter of 2024. 2. The BNB liquid staking token slisBNB: slisBNB serves as Lista DAO’s native yield-bearing and liquid staking token for BNB. slisBNB appreciates relative to BNB in accordance with BNB’s staking APR, granting users the ability to earn additional yields on various DeFi platforms while passively receiving staking rewards.














