Recently, the market has been average, and to increase income, I started researching on-chain protocols, looking for reliable and relatively stable income channels. After a long period of observation, I discovered a platform with long-term stable returns above 10%, which is simply amazing! This platform is—Lista DAO!
What is Lista DAO?
Lista DAO is a decentralized autonomous organization (DAO) operating on the BNB chain, aiming to become an important part of the DeFi ecosystem by providing liquidity staking, liquidity support, and CDP mechanisms. It is committed to building a transparent, secure, and continuously innovative platform, regularly undergoing audits to ensure safety.
It has received support from Binance Labs, obtaining a strategic investment of 10 million dollars, and officially launched its governance token LISTA on Binance on June 20, 2024. Additionally, Lista DAO has partnered with well-known protocols such as Etherfi, Renzo Protocol, Stakestone, Bouncebit, and Solv Protocol to expand its ecosystem and enhance user value.
What are the core features?
Liquidity Staking
Lista DAO provides liquidity staking services for BNB, allowing users to stake BNB and receive slisBNB, a liquidity staking token. Users can earn staking rewards while maintaining asset flexibility, similar to the design of Lido DAO. slisBNB can be used in DeFi liquidity pools or other activities, addressing the pain points of traditional staking lock-ups.
CDP Protocol
The CDP mechanism of Lista DAO is similar to MakerDAO, allowing users to lock various assets (such as BNB, ETH, slisBNB, and wBETH) as collateral to mint lisUSD—a fully over-collateralized decentralized stablecoin pegged to the US dollar.
Users can use lisUSD to participate in liquidity provision, yield farming, or perp DEX trading, enjoying low fees and rich incentives, such as liquidity rewards and farming returns.
Lista Lending
The latest Lista Lending is a decentralized, permissionless P2P lending protocol launched by Lista DAO, aiming to enhance DeFi lending efficiency. It went live on April 7, 2025, and is known as a high-performance open lending platform, featuring:
Flexible vaults and markets: Providers deposit assets (such as USDT) into the vault, and the system matches borrowers across markets, offering higher interest returns and lower borrowing costs.
Dynamic interest rates: Through a multi-oracle system, interest rates are automatically adjusted based on market utilization, ensuring fairness and efficiency.
Risk control: Isolating vault risks; if the collateral value falls below the loan-to-value ratio (LLTV), liquidation is triggered to protect fund safety.
veLISTA Benefits: Users who lock LISTA tokens as veLISTA can gain additional benefits, such as higher interest rates or governance rights.
Currently, the total locked value (TVL) of Lista has exceeded 1 billion dollars, with an additional 110,000 BNB deposits, and borrowing rates ranging from 1.95% to 2.34%, with new liquidity reaching 60 million dollars.
Governance and Tokens
Lista DAO achieves community governance through the LISTA token, allowing holders to participate in key decisions. The uses of LISTA include:
Governance: Voting to determine the direction of protocol development.
Incentives: Staking assets to borrow lisUSD or providing liquidity in the lisUSD/slisBNB pool can earn LISTA rewards.
Voting Rights: Locking LISTA to become veLISTA allows participation in choosing collateral assets and liquidity pools.
Revenue Sharing: veLISTA holders can share in protocol revenue.
LISTA in Lockup
The value chain on which I discovered super value returns
On such a powerful DeFi platform backed by the BNB chain, I found stablecoin products in the Lista DAO wealth management section, with very impressive returns!
The specific operation is: mint USDT into lisUSD to obtain annual yield from the LISTA emissions of Lista DAO, then stake lisUSD to earn additional staking annual yield. The sum of both yields results in a long-term annual yield rate stabilizing above 10%, which is incredibly appealing!
In the current market situation, this product is especially suitable for investors seeking stable returns. The strength of Lista DAO is evident, with high security and backed by Binance Labs and the BNB chain, making it a highly reliable DeFi platform. Wealth management enthusiasts should not miss this opportunity!
Looking at it, projects like Lista DAO, which integrate liquidity staking, stablecoin lending, and P2P lending while achieving community-driven governance through the LISTA token, aim to become leaders in DeFi on the BNB chain. Particularly, the launch of Lista Lending has further enhanced its market influence, especially in the context where the BNB chain lending market is not yet saturated, indicating tremendous future potential.
For me, this platform is not only a yield tool but also a robust choice in the current market situation. Give it a try; stable returns are waiting for you!
