Hey everyone! Today, Da Shuai wants to talk about Lista DAO, which is a very promising decentralized finance (DeFi) protocol on the BSC chain. With innovative liquidity staking, collateralized debt positions (CDP), and BNBFi products, Lista DAO has been incredibly popular over the past year and is changing the future of the BSC chain's DeFi ecosystem!
On January 14, Lista DAO and Berachain joined forces to launch the Berachain Vault, providing BSC users with a new channel to enter the Berachain ecosystem while unlocking a bunch of rewards. How does it work? It's simple, you just need to deposit BTCB into the Lista DAO Vault on BSC, and these assets will be sent to the Ethereum network, becoming Berachain's beraSBTC, stored in their treasury. This way, you can easily participate in Berachain's Proof of Liquidity (PoL) mechanism.
Moreover, there are multiple rewards for participating. First is the basic reward from Berachain, then there are Stake Stone points (STO), with a reward pool of 8.25 million STO waiting for everyone. If you are an early participant, there is an additional reward of 4.25 million STO tokens. Don't forget, Lista also has its own rewards. Starting from January 15, if you deposit, you can get additional LISTA token incentives.
The launch of the Lista DAO Vault not only makes it easier for BSC users to enter Berachain but also lays the foundation for the future integration of cross-chain DeFi ecosystems. As the Berachain treasury matures, more yield products (like Pendle) will be added, greatly enhancing the asset appreciation potential for everyone.
Now let's talk about Lista's achievements last year, which were truly impressive. The total locked value (TVL) skyrocketed from $111 million to $1.1 billion, nearly a 9-fold increase! The liquidity staking of BNB also increased by 1052.21%, with a TVL reaching $389 million. The total collateralized assets in CDP also exceeded $550 million, with net debt growth being astonishing, reaching 13798.58%.
In terms of product innovation, Lista's three core products, slisBNB, CDP, and BNBFi, have achieved significant results. slisBNB has been widely integrated into mainstream DeFi protocols, supporting high-yield strategies. CDP allows users to collateralize assets to borrow lisUSD, fully unlocking asset value. BNBFi allows staked or collateralized BNB to participate in Binance Launchpool activities, creating multi-dimensional yields for users.
In terms of security and governance, Lista has also excelled. They introduced a multi-oracle architecture to ensure the stability of lisUSD, deployed TimeLock contracts to enhance protocol transparency and security. Community governance is also very active, completing 12 key proposals last year and locking 2.8 billion veLISTA.
Let's talk again about its future. The positioning of Lista DAO is to become the liquidity center in the DeFi ecosystem. They plan to be the liquidity hub of the BSC chain, expanding asset support to drive DeFi integration and innovating yield strategies to enhance user experience. They will also build a cross-chain ecosystem, deepen community governance, and upgrade security and transparency.
How's it going? After hearing so much, are you more interested in Lista DAO?
