Hi! For all profit seekers, the struggle is real. Every time there's a new offering or Launchpool mining on Binance, I'm running around borrowing to gather BNB.
In recent years, Venus has dominated BNB chain lending. Except for a few exchanges that can stake and borrow some BNB, the rest have been almost monopolized by Venus!
The most hateful thing is that Venus watches as BNB is borrowed empty every time there’s a new offering, raising prices, and once it exceeds the specified borrowing limit, the rate skyrockets by 5%-29.68%, causing the interest for all borrowers to multiply by six. Scary, isn’t it? Profit seekers everywhere.
Where there is oppression, there is resistance. Today, lista_dao has risen up to open the on-chain BNB lending pool, and the lending rate cannot exceed 12.7%. This is the way for all profit seekers to survive and support!
Carefully researched the detailed information of lista_dao's lending pool and borrowed a small amount, the speed was very fast and the rate was very low. I borrowed 3 BNB and the interest was almost negligible after 5 hours. It's convenient and practical, and I will use lista_dao's lending pool more in the future.
The lending advantages of lista_dao:
1. P2P lending model: Eliminates intermediaries, allowing borrowers and lenders to connect directly without a third party profiting from the difference.
2. Dynamic interest rates: Interest rates automatically adjust according to market conditions, so borrowers don't fear being exploited, and lenders can earn reasonable returns.
3. No permission settings: Users can flexibly choose to borrow.
4. Security assurance: Multiple oracles prevent price manipulation, upgradable contracts can be optimized at any time, and isolated markets prevent risk diffusion, making user wallets more secure.
5. Ecological integration; lending, staking, and stablecoins are all involved, it’s a no-loss situation being Binance's close partner.
How to use Lista Lending to participate in Binance new coin offerings and maximize returns
1. Specific operational steps
Stake BNB to exchange for slisBNB. First, stake your BNB on Lista DAO to exchange for slisBNB. This token not only earns staking rewards but can also be used as collateral, equivalent to 'two benefits in one'.
2. Use slisBNB to borrow lisUSD and deposit slisBNB into Lista Lending as collateral to borrow lisUSD. Since LisUSD is a stablecoin with low volatility and risk.
3. Use lisUSD to participate in new coin offerings by investing the borrowed lisUSD into Binance Launchpool or Megadrop new projects to subscribe to new coins. The returns from new offerings are often considerable, especially for popular projects.
4. Earn additional LISTA rewards
Lista Lending has a veLISTA incentive mechanism. When you participate in lending, you can also earn LISTA token rewards, equating to 'interest + new offerings + rewards' for three sources of income. Previously, participating in two rounds of Lista's staking mining each yielded thousands of dollars in benefits, and with BNB bought at over 200, it tripled in value, which is also a passive income!
In conclusion, the good news for all profit seekers—lista gives us another on-chain lending option! Safe and secure, while staking and lending have low interest rates, allowing for multiple benefits!