ListaDAO's lending product Lista Lending has launched the USD1 Vault, the first application of the Trump crypto project WLFI's stablecoin USD1 on the BNB Chain.
@ListaDAO is a leading BNBFi protocol on the BNB Chain, offering over-collateralized decentralized stablecoins (CDP), BNB LST, and Lista Lending, along with a series of innovative DeFi solutions, helping users gain more rewards from Binance Launchpool, Megadrop, and HODLer Airdrops.
The new lending product Lista Lending from BNB Chain's LSDFi project Lista DAO has sparked a 'frenzy' in the market right after its launch, with the first phase valued at $10 million in BNB fully borrowed in less than an hour. In just 4 days since its launch, Lista Lending's total deposits exceeded $189 million, and the peak borrowing amount exceeded $120 million.
The product is so popular that even CZ couldn't help but retweet and comment: 'Lista Dao is 🔥'.
On April 14, CZ suggested investors on the platform after the OM drop this morning, 'Do not chase narratives. Stick to the fundamentals: projects with users, revenue, and profit.'
Projects with users, revenue, and profit are indicators that only exchanges and DeFi projects in the sector align with.
Lista DAO is a steadfast builder on the BNB Chain, deeply engaged in BNBFi. Previously, users could only lend stablecoins lisUSD through Lista DAO, which not only had a limited lending product that could not satisfy users' diverse needs for BNB participation in Binance's new projects but also did not allow for earning on the collateralized assets. The emergence of Lista Lending addresses this shortcoming and has become a new growth engine for Lista DAO.
Lista Lending has already generated a chemical reaction with existing Lista DAO products. From a price perspective, since the launch of Lista Lending on April 11, its token LISTA has continuously risen, and on April 13, boosted by CZ's retweet, the price peaked at $0.2.
#ListaLending革新BNBChain借贷 Provides a new solution for users, developers, and the entire BNB Chain DeFi ecosystem. Whether Lista Lending can take on this burden and whether Lista DAO can become the king of the DeFi sector, we will wait and see.
#ListaLending revolutionizes BNB Chain lending