ListaDAO (LISTA) provides a platform for users to generate returns on their cryptocurrency assets and borrow a decentralized stablecoin known as lisUSD. The protocol is inspired by the MakerDAO model but features various enhancements to improve decentralization and effectiveness. ListaDAO is currently active mainly within the BNB Chain ecosystem, and there are intentions to broaden its presence to encompass several other blockchains in the coming days.
At the core of ListaDAO is lisUSD, a decentralized stablecoin that differs from traditional stablecoins by not aiming for absolute price stability. It allows for some price fluctuations, reflecting the natural variability seen in traditional fiat currencies. lisUSD is collateral-backed, requiring users to deposit other crypto assets into Lista's collateral vault, known as CeVault, to generate lisUSD, ensuring its credibility and stability. Users can borrow lisUSD by depositing their crypto assets into CeVault, creating a loan against their collateral. Once generated, lisUSD can be used for various purposes within the crypto ecosystem, including transactions, payments, and trading on exchanges. Additionally, lisUSD can be obtained through brokers or exchanges, or by staking it through liquidity pools on decentralized exchanges (DEXs), making it a versatile and accessible asset.
LISTA has a total supply of 1,000,000,000. The current circulating supply of LISTA is 230,000,000.
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