The entire DeFi world is looking for the perfect combination of stablecoin yields and liquid staking. The emergence of #ListaDao leading on-chain liquidity for USD1 has shown me the answer! @ListaDAO
ListaDAO is not just a protocol; it is a liquidity hub built on networks like BNB Chain and Ethereum. At its core is the groundbreaking 'liquid staking and decentralized stablecoin' protocol. Users can earn returns by staking various mainstream assets (such as BNB, ETH, etc.) while also borrowing against their over-collateralized stablecoin — **lisUSD**.
This brings a win-win situation:
✅ For holders: Unlock liquidity of staked assets, no longer troubled by 'lock-up', and enjoy multiple yields from a single asset.
✅ For the ecosystem: lisUSD, as a capital-efficient and decentralized stablecoin, is becoming a strong competitor in the #USD1 track, injecting greater liquidity into the entire on-chain world.
Even more exciting is that $LISTA tokens serve as the governance tokens of the entire ecosystem, allowing holders to collectively decide the fate of the protocol and share in the growth dividends.
I have added ListaDAO to my watchlist. Do you see potential in LisUSD as a new choice for on-chain stablecoins? Feel free to share your thoughts in the comments!