First of all, I want to congratulate Lista DAO. As of the time I completed this draft, the total locked lending volume has reached an astonishing $1,721,365,820, with a total locked value of $3,648,253,261. Such a luxurious achievement is impressive, and behind it lies the strong capabilities of Lista DAO in terms of capital reserves and security guarantees.
As a high-performance and advanced open P2P lending platform, Lista DAO users can lock collateral to mint the stablecoin lisUSD, which enhances the utilization of their assets. This is a secure form of asset leverage and has also received support from Binance Labs, with a strategic investment of $10 million since its launch.
On June 20, 2024, during the official TGE of Lista DAO's governance token LISTA, I felt quite regretful that Binance did not have an alpha at that time. It was a pity to miss the early investment opportunity, but one of the laws of blockchain is that an outstanding coin will always give you an opportunity to get on board. This time, 20% of the total LISTA supply was burned, and the price has risen in response to the market, forming LISTA's deflationary model. Subsequent demand growth and milestone events will be reflected very intuitively in the price.
It is worth mentioning that the collaboration between Lista Lending and World Liberty Financial positions it as a top-tier on-chain hub with a valuation of USD1. The role and importance of the governance token LISTA are self-evident, and the demand for subsequent trading and application interactions will once again add to the core value of the token, driving more projects to settle in for cooperation. I believe that in future use cases, LISTA will become the most core part of Lista DAO.
The large-scale one-time burn of 20% of LISTA is a strong signal; it will become an important milestone in the history of Lista DAO's development. Currently, I see it as an excellent entry point for investors and users. Everyone knows that a certain platform token recently burned has increased by 5X, so don't miss out easily.