The TGE new lending method now adds a new way called LISTA Lending, no longer dominated by Venus alone.
Using the Lista Lending method to borrow 3 BNB to participate in the new listing. Currently, the supported collateral assets are BTC, SolvBTC, and pt-clisBNB, with WBNB being lent out, which can be converted to BNB without loss. Although currently only these 3 types of collateral assets are supported, it is expected that more will be added gradually.
If you are a holder of BTC and SolvBTC, then there is now another option, and you are no longer limited to borrowing only on Venus. Since Lista is a large holder of staked BNB, the expected interest rates will be better than Venus, and the lending interface is simple and easy to use. Venus now has a competitor and can no longer be complacent, so improvements to the currently difficult-to-use interface are expected.
【Key Highlights of Lista Lending】
Permissionless P2P lending model: Utilizing vaults and markets to provide more flexibility in collateral options.
Dynamic interest rates: Utilizing a multi-oracle system to ensure accurate and fair pricing, automatically adjusting rates based on market conditions.
- Higher supplier rates
- Lower borrower rates
Enhanced risk control: Isolating vault risks and protecting borrowers
In summary, having one more option is beneficial for us users, and the competition between projects also gives rise to better products.
(This article is part of the Square writing campaign)
