The first time I truly realized the significance of Lista DAO was during a period of intense market volatility. That day, the price of BNB suddenly dropped, and there was a sense of tension in the community. Many people were worried about their positions being liquidated, but some calmly said, 'Don't be afraid, we have USD1.'
I nervously opened the Lista DAO interface. Collateralizing, borrowing, monitoring health factors—these steps seemed like cold operations, yet at that moment, they gave me a strange sense of reassurance. USD1 did not come out of thin air; it had collateral like BNB supporting it, which made me feel it was not as fragile as some algorithmic stablecoins.
More importantly, that day I saw someone in the community group being liquidated, but instead of being angry like before, they said, 'This is the rule. Liquidation is not the end, but a necessary step for the system to maintain stability.' At that moment, I suddenly realized that the significance of Lista DAO is not only to provide liquidity but also to allow the entire community to accept and trust that 'rules are order.'
Later, I gradually realized that USD1's presence in the BNB ecosystem was becoming stronger. It appeared in trading pairs, in the borrowing market, and even in some gaming applications. Someone in the community joked, 'In the future, in the world of BNB, if you don't spend USD1, you can't even be considered a true participant.'
For me personally, USD1 is no longer just a stablecoin; it has become a kind of symbol—a currency that belongs to the community itself. It makes me feel that we no longer need to rely entirely on external USDT or USDC, but can have a financial cycle controlled by ourselves. This sense of belonging is something I rarely felt in the past in the crypto world.
