Lista Lending is live, what does this mean?

It's better to farm BNB!

In the past, when everyone participated in IDOs, if you didn't hold BNB and didn't want to bear the short-term risk of BNB's decline, there were only two ways to raise BNB.

One was contract hedging, which is inconvenient for small investors. For example, a small investor might only have 1000 USD and can't even fill 3 BNB, and hedging would require at least half of it, which reduces the profit.

The other option was borrowing and lending, by depositing money to borrow BNB. Venus was quite useful before, but with the revelations from the Australian master, it turned out that Venus was so unscrupulous, directly giving you interest multiplied by 6 times when participating in IDOs.

Originally, many people are participating in IDOs now, which reduces profits, and if the interest is too high, it might even lead to a loss.

After a long drought, sweet dew has arrived, Venus Lending is here! The timing is just right.

What are its benefits?

1. Loan parameters are set during deployment.

Unlike Venus, which raises interest rates when there is a profit to be gained.

2. Multiple oracle designs.

Utilizes multiple oracle systems to gather data from different sources, verify asset prices, and ensure that funds remain stable during market fluctuations.

It should be noted that there is a lot of selling pressure on BNB when the IDO ends. Many small investors likely prefer extreme operations, raising the borrowing rate to the maximum. If the pricing is inaccurate at this point, it could lead to your position being liquidated. You originally came to farm, and losing the principal would be unfortunate.

3. Safe and easy to use.

Whether you are a newcomer to DeFi or a seasoned finance expert, you can easily get started. The UI design is simple and elegant, easy to understand. Users can decide how much to borrow, how long to repay, and can also set up automatic trading to seize more opportunities.

In short, next time during the Binance wallet IDO, you can use Lista Lending.

Of course, it would be even better if you stocked up on some BNB when the price is down, so you won't need to borrow.