Functional analysis of slisBNB and clisBNB: Concise version
1. slisBNB: Liquidity Staking Token
slisBNB is Lista DAO’s liquidity staking token, representing the certificate obtained by users after staking BNB. It brings two major benefits to users:
Staking income: Users holding slisBNB can obtain BNB staking rewards.
Liquidity: In addition to staking rewards, users can also stake slisBNB into DeFi protocols, earn liquidity provision (LP) fees, and participate in Binance Launchpool’s rewards activities.
If users want to get back their original BNB assets, they can redeem slisBNB at any time.
2. clisBNB: A tool to improve asset efficiency
clisBNB is a token launched to improve the efficiency of BNB assets. It is generated through BNB mortgage, and the process is as follows:
Users use BNB as collateral to borrow lisUSD (Lista DAO’s stablecoin).
While lending, users will receive clisBNB of 1:1 value, which can be used to participate in Binance's new listing activities (not tradable or transferable).
When the user pays off lisUSD and withdraws BNB, clisBNB is automatically destroyed.
The purpose of this design is to allow users to enjoy the liquidity brought by lending and participate in new listing activities to obtain additional benefits.
Core Differences
slisBNB: Mainly solves the liquidity problem of pledged assets, so that the pledged BNB can not only obtain pledge income, but also can be used as a liquid asset in DeFi and Launchpool activities.
clisBNB: Mainly solves the liquidity problem of loan assets, allowing users to borrow lisUSD while using clisBNB to participate in new issuances to achieve double benefits.
Specific application scenarios of clisBNB
Participation in new listings: clisBNB allows users to participate in Binance Launchpool new listings, but cannot be traded or transferred. When the user returns lisUSD, clisBNB will be destroyed.
Double benefit:
Launchpool rewards: Users holding clisBNB can participate in new projects on the Binance platform and obtain token rewards.
Lending income: At the same time, users can borrow lisUSD and use the stablecoin to earn additional income in DeFi products.
Integration of lisUSD: By pledging BNB to borrow lisUSD and then generate clisBNB, users can maximize the efficiency of BNB usage. lisUSD can also be used for other DeFi activities to further expand returns.
Usage restrictions: clisBNB cannot be traded and can only be used for lending and new issuance. Therefore, it is a temporary token that helps users increase the usage rate of BNB in the short term.
Summarize
slisBNB: Highly liquid, suitable for long-term gains such as staking rewards, LP returns, and Launchpool rewards.
clisBNB: focuses on new issuance and short-term lending, helping users unleash more BNB usage potential and achieve double benefits.
Lista DAO makes the use of BNB more flexible through slisBNB and clisBNB, suitable for users who want to improve asset utilization.
Future Outlook: BNB Portal
Binance has established a dedicated aggregation portal for BNB - BNB.xyz. In the future, all BNB-related financial management and asset management functions may be completed in one stop on this portal, which is a very exciting tool for BNB holders. #ListaDAO将Launchpool收益引入DeFi #多军的反击
