$LISTA
《I'm an expert in borrowing money, understand Lista Lending with three questions》
Why has the price of Lista recently increased?
Answer: Because of business upgrades, Lista DAO has recently launched Lista Lending and has received recognition and support from CZ.
What is Lista Lending?
Answer: It is used for borrowing and in the future, when Binance has new token generation events, you can use Lista to borrow BNB for the new projects.
What are the advantages of Lista Lending?
Answer: Previously, the largest on-chain lending platform was Venus. As the number of people participating in new token events on Binance increased over the years, the platform started monopolistic behavior, particularly modifying the interest curve: when the number of people increases, the interest rate can soar from 5% to 29.68%. This is very steep and amounts to blatant profiteering. Sometimes, even after not eating the new tokens, you can end up losing out. However, with Lista for borrowing, the maximum lending rate is capped at 12.7%.
During this round of altcoin decline, the price of Lista has stabilized and has not dropped significantly, thanks in part to the project's efforts and support from Binance. If you believe that Bitcoin will reach 100,000, and there will be another round of increases for altcoins, Lista is still worth considering for investment.