Lista DAO is a liquidity staking and decentralized stablecoin lending protocol. Users can stake and provide liquid staking on Lista, as well as borrow lisUSD using a range of decentralized collateral.
LISTA is the governance token of Lista DAO, serving the following functions:
Governance: LISTA token holders can vote on governance decisions for the protocol.
Protocol Incentives: Users receive LISTA tokens as rewards when they borrow lisUSD with collateral or engage in liquidity mining in the lisUSD and slisBNB pools.
Voting: Users can lock their LISTA tokens as veLISTA and vote on the collateral they wish to use for minting lisUSD, as well as the liquidity pools where they want higher LISTA token emissions.
Fee Sharing: Users who lock their LISTA into veLISTA are also eligible for fee sharing.
The protocol consists of the following major components that work together:
Decentralized Stablecoin lisUSD
BNB Liquid Staking Token slisBNB