Lista DAO is a decentralized lending protocol on Ethereum, focusing on the financialization of **liquid staking tokens (LST)**, helping users release liquidity without unstaking. Users can deposit LSTs such as stETH and rETH into the protocol as collateral to borrow stablecoins like USDC, meeting funding needs while continuing to earn staking rewards.

The protocol manages risks through over-collateralized lending and a dynamic interest rate model, with collateralization rates typically ranging from 70% to 80%, and has a liquidation mechanism in place for safety. Lista DAO is governed by the community, with profits coming from lending interest, part of which is used for repurchasing and burning LISTA tokens, creating deflationary incentives.

As a key infrastructure in the LSDFi ecosystem, Lista DAO enhances the capital efficiency of LSTs, connecting stakers, liquidity providers, and DeFi users, and promoting the further development of the Ethereum ecosystem @ListaDAO #ListaDao $LISTA