What is Lista DAO?
Lista DAO is a Liquid Staking Derivatives project on the BNB Smart Chain ecosystem. Incubated and invested 10 million USD from Binance Labs. Lista focuses on two main products: collateralized debt positions (CDP) and liquid staking. Both products focus on increasing the liquidity of assets held by users.
Information about Token Lista DAO
Token Name: Lista DAO
Ticker: LISTA
Blockchain: BNB Chain, Ethereum
Token Standard: BEP20, ERC20
Total token supply: 1,000,000,000 LISTA
Token reward on Megadrop: 100,000,000 LISTA (10% of total maximum token supply)
Initial circulating supply: 230,000,000 LISTA (23% of total maximum token supply)
What purpose is Lista token used for?
LISTA tokens are used for the following purposes:
Participate in governance and decision making on protocol development.
Encourage and reward users to participate in activities within the ecosystem.
Pay transaction and service fees on the platform.
Stake to receive rewards.
Lista DAO team
Toru Watanabe: Founder and CEO of Lista DAO.
On August 11, 2023, Binance Labs announced an investment of 10 million USD. Lista DAO has very wide partnerships such as: Pancakeswap, Venus, APX, Magpie, Wombat Exchange,... especially projects in the BNB Smart Chain ecosystem
Products of Lista DAO
Lista DAO products include:
Collateralized debt positions (CDPs) to mint stablecoins from collateral.
Liquid staking allows users to stake assets and receive rewards.
Stablecoin lisUSD is backed by collateral.
Duo token model with stablecoin lisUSD and governance token LISTA.