DeFi is the single most important use case in crypto.
And yet, 99% of the world is sleeping on it.
Recently, I came across @ListaDAO and found it really amusing.
Here's why it could disrupt $10T banking industry and you should pay attention to it: ๐
Since crypto inception, DeFi has stood out to be the most important use case in crypto.
To this date, DeFi has grown to be a $100B industry, but it still has 50x-100x potential.
And I think Lista Dao will be the biggest winner.
In this article, I'll cover
โฌ Lista Dao Overview
โฌ Features
โฌ Recent product launch
โฌ Backing and fundraising
โฌ Tokenomics
โฌ Stats
So let's start.
๐๐ถ๐๐๐ฎ ๐๐ฎ๐ผ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
โบ A BNBfi protocol that empowers users to tap into Binance launchpool rewards through three product suits liquid staking, CDP and lista lending.
โบ It aims to provide unique solutions for managing and leveraging cryptocurrencies such as BNB, ETH, and various stablecoins.
โบ It facilitates the borrowing of its decentralized stablecoin, lisUSD, also referred to as a "destablecoin," which enables users to access liquidity without liquidating their assets.
โบ Its native token is $LISTA, which acts as its gas token.
๐จ๐ป๐ถ๐พ๐๐ฒ ๐๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐
โบ Dual-Token Model (lisUSD and LISTA): Utilizes lisUSD as a decentralized "destablecoin" for borrowing and LISTA for governance and incentives, enhancing flexibility in DeFi operations.
โบ Liquid Staking with slisBNB: Allows users to stake BNB and earn rewards while maintaining liquidity through slisBNB, usable across DeFi platforms
โบ Collateralized Debt Positions (CDPs): Enables users to lock assets like BNB, ETH, or stablecoins to mint lisUSD, optimizing capital efficiency without liquidating holdings.
โบ Destablecoin Innovation: lisUSD balances decentralization and stability, allowing slight price fluctuations unlike traditional stablecoins, addressing the Stablecoin Trilemma (price stability, decentralization, and capital efficiency).
โบ Lista Lending: Replaces rigid lending pools with asset-specific vaults, improving capital efficiency and risk isolation on the BNB Chain.
โบ Yield Farming Opportunities: Users can provide liquidity to lisUSD and slisBNB pools on DEXs, earning fees and LISTA rewards.
โบ Dutch Auction Liquidation: Ensures loan security by liquidating under-collateralized lisUSD via Dutch auctions, returning excess to borrowers.
โบ Flash Loan Integration: Supports flash loans for lisUSD, enabling advanced DeFi strategies like arbitrage without upfront collateral
๐ฅ๐ฒ๐ฐ๐ฒ๐ป๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ฎ๐๐ป๐ฐ๐ต
1๏ธโฃ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ข๐ฌ๐ญ๐ ๐๐๐ง๐๐ข๐ง๐
โ Lista Lending is a decentralized, flexible protocol built to maximize BNB Chainโs DeFi potential.
โ Within 2 months of its launch, Lista Lending has already surpassed $๐ต๐ฌ๐ฌ๐ in TVL.
๐๐ข๐ฌ๐ญ๐ ๐๐๐ง๐๐ข๐ง๐ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฌ
โข Permissionless P2P Lending: Employs a flexible vault-and-market system, allowing users to freely choose diverse collateral types for peer-to-peer lending.
โข Adaptive Interest Rate Mechanism: Leverages a multi-oracle system for precise, market-driven pricing, dynamically adjusting rates to offer competitive returns for lenders and cost-effective borrowing rates.
11/
โข Robust Risk Management: Features isolated vault structures to contain risks and borrower protection mechanisms to safeguard against liquidations and market volatility.
Now let's see how it works.
โช๏ธ Deposit Assets into a Vault: Suppliers deposit a loan asset, the vault allocates the loan asset across these markets to earn yield over time.
โช๏ธ Vault Matches Supplier and Borrowers (P2P): The vault actively matches suppliers and borrowers in its markets, enabling P2P lending of assets like USDT, yielding higher supplier interest and lower borrower costs.
โช๏ธ Borrowing with Collateral: In a USDT/BNB market, borrowers select the market, deposit ETH as collateral to borrow USDT, with the market locking the collateral and issuing USDT based on predefined loan parameters like LLTV and collateral type set at deployment.
โช๏ธ Rates Adjust Automatically: Lista Lending's markets automatically adjust interest rates based on supply and demand (utilization rate) and employ a multi-oracle system to fetch accurate price feeds, ensuring fair loan valuations and protection against price manipulation.
โช๏ธ Repay or Get Liquidated: Borrowers can repay loans with accrued interest at any time to fully recover their collateral, but if the collateral value falls below the LLTV ratio, the system triggers liquidation by selling the collateral to cover the loan, ensuring vault solvency and supplier protection.
โช๏ธ Withdraw Your Funds: Suppliers can withdraw deposits with earned interest anytime if the vault has sufficient liquidity, while borrowers regain their collateral upon fully repaying the loan.
๐๐ฎ๐ฐ๐ธ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐๐๐ป๐ฑ๐ฟ๐ฎ๐ถ๐๐ถ๐ป๐ด
โข Lista DAO has raised $๐ญ๐ฌ.๐ญ๐ through 1 funding round and 1 IDO.
โข It's backed by crypto's biggest VC, YZI Labs (Formerly Binance Labs).
๐ง๐ผ๐ธ๐ฒ๐ป๐ผ๐บ๐ถ๐ฐ๐
Lista DAO native token is $LISTA.
โช๏ธ Market Cap: $๐ฐ๐ญ ๐ ๐ถ๐น๐น๐ถ๐ผ๐ป
โช๏ธ FDV: $๐ฎ๐ฏ๐ณ ๐ ๐ถ๐น๐น๐ถ๐ผ๐ป
โช๏ธ Total Supply: ๐ญ ๐๐ถ๐น๐น๐ถ๐ผ๐ป
๐๐จ๐ค๐๐ง ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ
โบ Governance Participation
โบ Community incentive rewards upto 45%
โบ Voting Gauge for Collateral and Liquidity
โบ Revenue Sharing
โบ Staking and Yield Farming
โบ Transaction Fees
โบ Access to Financial Products
โบ Campaign Rewards
In Jan 2025, they approved LIP O16 (Lista freeze), which allowsย users to lock their $LISTA tokens in a smart contract, essentially freezing them for a period of time.
This mechanism aims to increase the value of the $LISTA token by reducing the supply of freely available tokens in the market.
It also implements a revenue freeze, where a percentage of the platform's revenue is also locked in the smart contract, further increasing the value of $LISTA
๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ ๐ฆ๐๐ฎ๐๐
โช๏ธ TVL: $๐ฎ.๐ฌ๐ฎ ๐๐ถ๐น๐น๐ถ๐ผ๐ป
โช๏ธ BNB Staked: ๐ด๐ฏ๐ฐ,๐ฒ๐ฎ๐ฏ
โช๏ธ LisUSD Supply: $๐ฒ๐ฏ.๐ฎ ๐ ๐ถ๐น๐น๐ถ๐ผ๐ป
โช๏ธ Active Loan: $๐ฏ๐ฎ๐ต ๐ ๐ถ๐น๐น๐ถ๐ผ๐ป
โช๏ธ slisBNB Holders: ๐ฏ๐ฏ๐ฌ,๐ญ๐ฒ๐ฌ
โช๏ธ Total Holders: ๐ฑ๐ฒ,๐ฏ๐ฎ๐ด
Why am I bullish on $LISTA?
โบ Quarterly unlocks of $7.5M, which is equivalent to its daily volume.
โบ MCap/TVL ratio of 0.02, which is lowest among all DeFi projects with > $500M TVL.
โบ Consistent upgrades and product launches, along with rising network activity.
โบ Strategic partnership with Trump's DeFi project, World Liberty Financial.
โบ Audited by top security firms, so secure and safe to use.
Imagine looking back a year from now and realizing you ignored a DeFi project backed by Binance Labs, already liveย with over $2B TVL, and solving real pain points in crypto lending and stablecoins.
Iโm not saying go all in.
But sleeping on $LISTA might just be the biggest opportunity cost this cycle.
