Recently, LISTALending launched with a minimum BNB lending interest rate of 1.75%. What kind of project is this? Today, let's explore its underlying Binance genes:
Lista DAO (formerly Helio Protocol) has a multi-layered cooperative relationship with Binance, covering investment, token issuance, ecological support, and more.
1. Binance Investment
Binance Labs Investment: In August 2023, Binance's venture capital arm, Binance Labs, invested $10 million in Lista DAO (then still Helio Protocol) to support its transformation into a liquid staking platform (LSDfi) and expansion into a multi-chain ecosystem.
Strategic support: This investment helped Lista DAO consolidate its position in the BNB Chain ecosystem and promote the development of its stablecoin (lisUSD) and liquid staking (slisBNB) business.
2. Binance Megadrop Launch
Lista DAO is the second project in the Binance Megadrop program (the first project was BB), where users can earn LISTA token airdrops by staking BNB and completing Web3 tasks.
Token Distribution: Binance Megadrop allocated 10% of the total supply of LISTA (100 million tokens), which was fully unlocked on the launch day.
3. Binance Exchange Listing
Lista (LISTA) was officially launched on Binance Exchange on June 20, 2024, with an initial price of $0.565, achieving a first-day increase of up to 3300%, and its market capitalization quickly surpassed $150 million.
Market-making support: DWF Labs (the market maker for Lista DAO) transferred 2 million LISTA tokens to exchanges like Binance to enhance liquidity.
4. BNB Chain Ecological Synergy
Lista DAO is a core DeFi protocol on the BNB Chain, closely integrated with the Binance ecosystem, for example collaborating with THENA (a leading DEX on BNB Chain) to launch liquidity pools, further promoting the use of lisUSD and LISTA.
Former Binance CEO CZ has publicly expressed optimism about the BNB Chain DeFi ecosystem (including Lista DAO).
5. Long-term ecological cooperation
Lista DAO's stablecoin (lisUSD) and liquid staking token (slisBNB) occupy an important position on the Binance Smart Chain (BSC), with TVL once exceeding $550 million.
In April 2025, Lista DAO announced the launch of a lending product, Lista Lending, further expanding its financial business, potentially forming deeper links with the Binance ecosystem.
Summary
The relationship between Lista DAO and Binance covers multiple aspects such as capital support, exchange listing, and ecological synergy. Binance provides critical development support through investment, Megadrop, and exchange resources, while Lista DAO has become an important liquid staking and stablecoin protocol on the BNB Chain. Given this background, are you sure you don't want to participate in the lending project?
