#LISTA This is Binance's own son, everyone must catch it
#LIST On June 20, 2024, Binance Exchange welcomed a new star - Lista coin.
Lista (LISTA) is a liquidity pledge and decentralized stablecoin protocol with an initial price of $0.565.
Since its launch, its price has soared from a low of 0.563U to a high of 0.80285U on the day, and is currently stable at around 0.68U, an astonishing increase of more than 3,300%.
#ListaDAO The successful listing on Binance and other platforms is a critical moment for LISTA, as it will expand its influence to cover a wider range of cryptocurrency traders and enthusiasts.
Introducing Lista
Lista coin, full name "ListaDAO", is a decentralized stablecoin lending protocol based on the BNB chain ecosystem, supported by LSDfi.
Initially known as Helio Protocol, it aims to provide MakerDAO-like services for the BNB chain, bringing a novel liquidity staking solution to the cryptocurrency space.
Through ListaDAO, users can stake BNB and other assets, earn PoS staking returns, and obtain liquidity certificates slisBNB.
At the same time, users can also mint stablecoins lisUSD with various LSD assets as collateral.
This innovative stablecoin lending model makes Lista coins unique in the cryptocurrency market.
Lista's listing strategic move and market impact
Lista (LISTA) is a decentralized stablecoin and liquidity staking protocol that recently began trading on several well-known cryptocurrency exchanges with an initial price of $0.565. Prior to the listing, DWF Labs, as the market maker of LISTA DAO, carefully planned the strategic transfer of 10 million LISTA tokens.
The move is aimed at enhancing the liquidity of centralized exchanges (CEX) and ensuring smooth and efficient transactions for investors. The token transfer is distributed across several major exchanges. Bitget received 2.5 million $LISTA, while Binance received 2 million. MEXC received 1.5 million $LISTA. Gate.io and KuCoin each received 850,000 $LISTA.
Listing on these major exchanges is a key milestone for LISTA, increasing its visibility and adoption in the cryptocurrency community. Investors and market participants will be closely watching how LISTA performs during the initial trading phase, with particular attention paid to DWF Labs’ role in maintaining market stability and facilitating liquidity.