1/What is Lista DAO?
Lista DAO, formerly known as Helio Protocol, is an open-source liquidity protocol built on BNB Chain that allows users to earn profits by collateralizing crypto assets such as BNB, ETH, stablecoins, and more, and borrowing lisUSD, the protocol's centralized stablecoin, also referred to as "destablecoin".
2/The Trump family DeFi project WLFI announces collaboration with Lista DAO (LISTA)
On May 7th, the decentralized stablecoin protocol Lista DAO announced a strategic partnership with the cryptocurrency project World Liberty Financial (WLFI) – an initiative related to the family of former US President Donald Trump. The goal of this collaboration is to expand the accessibility and practical applicability of decentralized financial (DeFi) solutions within the BNB Chain ecosystem.
The combination of Lista DAO and WLFI aims to leverage the expertise of both parties to provide users with more opportunities to access various stablecoins as well as advanced lending mechanisms. One of the initial outcomes of this collaboration is the launch of the Lista Lending platform, which has officially introduced the "lending vault" service for the stablecoin USD1. With this feature, users can collateralize multiple types of assets such as BTCB, WBNB, slisBNB, and ETH to borrow USD1 at a preferential interest rate of only 0.39%. Additionally, holders of USD1 can also deposit this stablecoin into the platform to participate in Lista DAO's BNBFi Launchpool strategy, enhancing passive income.
Lista DAO emphasizes that it will continue to develop more innovative financial tools to meet the ever-changing needs of DeFi users worldwide.
