On April 13, according to official news, Lista DAO's lending product Lista Lending launched USD1 Vault, which is the first application of Trump's crypto project WLFI's USD stablecoin USD1 on BNB Chain. USD1 Vault provides a USD1 quota worth 20 million US dollars. Users can pledge BTCB to borrow USD1 with an interest rate as low as 0.93%. wBNB and slisBNB collateral will be launched soon. So, what is so special about Lista Lending that makes it the preferred choice of the presidential project? Let's find out~
1.List/Lending List
@ListaDAO is the leading BNBFi protocol on BNB Chain, providing overcollateralized decentralized stablecoins (CDP), BNB LST and Lista Lending, as well as a series of innovative DeFi solutions to help users get more benefits from Binance Launchpool, Megadrop and HODLer Airdrops. As the first project to bring DeFi BNB into Binance Launchpool, their TVL (locked volume) has soared 896.92% this year to $1.1 billion, and is now the fourth largest protocol on the BNB chain in terms of TVL! In addition, they have also launched various rewards, such as issuing LISTA tokens, which is quite fun.
The BNB chain ecosystem is really lively now, with meme coins, stablecoins, DEX and dApp. However, the TVL on the entire chain is 5.32 billion US dollars, and the lending protocol only accounts for 1.855 billion. Compared with the big players on Ethereum, there is still a lot of room for improvement. Lista DAO saw this opportunity and launched Lista Lending: a decentralized lending protocol in a P2P model.
This new product is different. It does not use the traditional large capital pool model. Whether you are a large or small retail investor, you can play with it. There are many collateral options, flexible interest algorithms, and reliable liquidation mechanisms, all of which are designed to make the lending market on the BNB chain active. It can also be linked with other functions of Lista DAO (such as lisUSD CDP, slisBNB, etc.) to create a more complete DeFi ecosystem.
To put it bluntly, Lista DAO is going to add some oomph to the BNB chain! Their lending protocol is both flexible and secure, and it may really ignite the entire BNB chain’s DeFi market!
2.How does Lista Lending work?
1. Vault – A “smart wallet” that earns interest on your savings
Each vault is dedicated to storing one type of asset (such as USDT), and then the money is loaned out to multiple lending markets to earn interest.
Who can deposit money? Anyone can! Individuals, institutions, DAOs, and even hedge funds who want to earn passive income can deposit money.
Who manages the money? There are professional curators who keep an eye on it to ensure the safety of funds, but the funds can be deposited and withdrawn freely without a lock-up period.
Is it transparent? All operations are on-chain, publicly traceable, and risks are controllable.
2. Market: Lenders and borrowers are matched freely
Each market is an independent "lending pool", such as USDT/BNB (mortgage BNB to borrow USDT).
Risk isolation: The collapse of one market will not affect other markets. It’s safe!
Free creation: Anyone can open a new market without waiting for official approval.
3. Supplier – Someone who saves money and earns interest
Lazy mode: deposit directly into the vault and let the system automatically help you match the lending market to earn income.
Expert Mode: Choose your own market, invest funds accurately, and earn higher interest.
4. Borrower - Mortgage loan, flexible choice
Want to borrow money? Choose a market and pledge your assets (e.g. BNB to borrow USDT).
Interest rates are adjusted dynamically: if more people borrow, the interest rate goes up; if fewer people borrow, the interest rate goes down.
The collateral ratio (LLTV) is fixed: the proportion you can borrow when borrowing money is determined at the beginning and will not change suddenly.
User operation process (super simple version)
1. Deposit money into a safe (earn interest as a "bank")
For example, if you deposit USDT into the vault, the system will automatically help you invest in different markets to earn interest.
2. P2P matching lending (Treasury acts as a matchmaker)
Jinku helps you find borrowers and lend them directly peer-to-peer (P2P) with higher interest rates!
3. Borrowing money with collateral (being a “borrower”)
Choose a market (for example, USDT/BNB), pledge BNB and borrow USDT.
The mortgage rate is fixed and there is no need to worry about sudden changes.
4. Automatic interest rate adjustment (market determined)
More people borrow → interest rates go up; fewer people borrow → interest rates go down.
5. Pay back or be liquidated
Pay back the money on time → Get back the mortgaged assets.
The stock price drops too much and you don’t want to pay it back? The system will automatically sell the collateral to repay the debt and protect the depositors.
6. Withdraw funds at any time (flexible withdrawal)
The deposited money can be withdrawn at any time (as long as there is money in the vault).
Once the borrower has paid off the loan, the collateral is automatically returned.
Summary: What’s so great about Lista Lending?
✅ P2P lending: There are no middlemen to make a profit from the price difference, and the interest rate is more affordable.
✅ Risk isolation: If one market collapses, other markets will not be affected.
✅ Freely create a market: Anyone can open a lending pool, and the gameplay is more open.
✅ Dynamic interest rate: the market adjusts automatically and you won’t suffer any loss.
✅ Transparent and secure: on-chain operation and supervision by professional curators.
Simply put: If you want to earn interest, deposit money into the vault; if you want to borrow money, pledge assets. The interest rate is fair, safe and transparent. This is a new way to borrow and lend on the BNB chain! 🚀
3. What Lista Lending means to us retail investors
Compared with traditional lending platforms, the biggest advantage of Lista Lending is that it allows ordinary users to save more money and make more money! Its interest rate algorithm will automatically adjust according to market supply and demand. Borrowers can get lower interest rates, and depositors can earn higher returns. Moreover, because it is a direct P2P match, there is no middleman commission, so everyone is more cost-effective.
Lista DAO is particularly smart in the field of lending. It uses the model of risk isolation + free market creation to make capital utilization more efficient. At the same time, it can also link with other DeFi projects on BNB Chain (such as DEX, Meme coin) to bring more liquidity to the entire ecosystem. Now the lending market of BNB Chain still has a lot of room for growth. Lista can fill this gap, allowing the BNB ecosystem to change from "mainly speculating on coins" to "lending + trading" and develop more steadily.
If you want to use Lista Lending to participate in Binance IPOs and earn more, you can do this:
Deposit BNB and exchange it for slisBNB to earn interest
Pledge slisBNB to borrow lisUSD (be careful not to pledge too little to avoid liquidation)
Take lisUSD to mine on Binance Launchpool
In this way, you can earn three benefits at the same time: lending spread + slisBNB interest + new tokens, so cool!
In terms of security, Lista Lending has also been fully upgraded, such as using multiple oracles to prevent price manipulation and fixed lending rules to prevent black swans. For borrowers, liquidation is fairer and they will not be "slaughtered" suddenly; for liquidators, they can find arbitrage opportunities based on accurate data; and for the entire BNB ecosystem, because each lending market is independent, the collapse of one will not affect others, and the system is more robust.
Simple summary: Lista Lending allows you to borrow money cheaper, save money and earn more, while also allowing you to safely play with the BNB ecosystem, stable! 🚀
4. Summary
The operation of Lista Lending can be summarized as a decentralized P2P lending ecosystem, the core of which is to achieve efficient matching of funds through smart vaults and market mechanisms. Specifically, users can deposit assets into specific vaults (such as USDT vaults) as suppliers. These vaults are managed by professional curators and will intelligently allocate funds to multiple lending markets to earn interest. The entire process is completely on-chain and has no lock-up period, ensuring transparency and liquidity.
Each market is an independent risk isolation pool. For example, the USDT/BNB market allows users to pledge one asset (such as BNB) to borrow another asset (such as USDT). The market creation is completely open and does not require approval. The interest rate is adjusted dynamically in real time according to supply and demand, and multiple oracles are used to ensure price accuracy, while the fixed loan-to-value ratio (LLTV) and automatic liquidation mechanism ensure the solvency of the system.
Borrowers can freely choose the market for mortgage lending and repay the collateral at any time. If the value of the collateral falls below the threshold, liquidation will be triggered; suppliers can withdraw principal and income at any time. The entire process directly connects the borrower and lender through the P2P model, which not only provides higher returns for depositors, but also reduces financing costs for borrowers. Finally, a flexible, secure and efficient open financial infrastructure is built on the BNB chain. #ListaLending革新BNBChain借贷