LISTA is the native cryptographically-secure fungible protocol token of Lista DAO, with transferability. It represents governance and utility functions specified in the protocol or code. LISTA is designed as an interoperable utility token, used solely for applications within the Lista DAO platform. With LISTA, users can participate in platform governance and enjoy various benefits and services provided by the protocol. This token not only enhances platform interaction and transparency but also increases users' influence and engagement in platform development.
LISTA is a multifunctional utility token, serving as a medium of exchange among participants of Lista DAO in a decentralized manner. The purpose of introducing LISTA is to provide a convenient and secure mode of payment and settlement, without reliance on a centralized third party entity or institution. LISTA is not intended to be a medium of exchange accepted by the public, only for interactions and services within Lista DAO.
LISTA does not represent any shareholding, ownership, or participation rights, nor does it entitle holders to any fees, dividends, revenue, or investment returns. It does not constitute securities in any jurisdiction. LISTA holders only have the right to use the token for interactions within Lista DAO, with no other rights. The secondary market pricing of LISTA is not dependent on the efforts of Lista DAO and there is no functionality or scheme to control or manipulate such pricing.
Lista DAO does not engage in the business of buying or selling virtual assets or digital payment tokens (including LISTA). The sale and distribution of tokens are performed solely in the initial phase to obtain project development funds, raise market/brand awareness, and build the community, not as repetitive business operations.
Additionally, LISTA provides economic incentives, encouraging users to contribute and participate in the Lista DAO ecosystem, creating a mutually beneficial system where each participant is fairly compensated for their efforts. LISTA is an integral part of Lista DAO; without it, users would lack the motivation to engage in activities or provide services. LISTA rewards are based on users' actual usage, activity, and efforts within Lista DAO, proportional to the frequency and volume of transactions. Users who do not actively participate will not receive LISTA rewards.
LISTA is compatible with BEP-20 and ERC-20 standards. Its core functions within Lista DAO include:
Decentralized community governance: Holders can propose and vote on future features, upgrades, and parameters of Lista DAO (e.g., allocation of revenue pool for ecosystem development, adding new vaults, protocol parameters, and fee levels) or provide feedback. The right to vote is limited to Lista DAO features, not its operation, management, or asset disposition, nor does it constitute any equity interest or joint venture/partnership.
Participation and interaction: Users can earn LISTA tokens by depositing, staking, transacting, or participating in governance within Lista DAO. This mechanism not only encourages user participation but also promotes platform activity and growth.
Lista DAO is an open-source liquidity protocol designed to earn yields on collateralized crypto assets (like BNB, ETH, stablecoins, etc.) and lend the decentralized stablecoin lisUSD (also known as "Destablecoin").
Lista DAO expands the proven MakerDAO model, introducing a decentralized, unbiased, collateral-backed stablecoin. The protocol uses a dual token model (lisUSD and LISTA), providing mechanisms for instant conversions, asset collateralization, borrowing, and yield farming. Lista DAO is native to the BNB Chain ecosystem, with plans to expand to multiple chains soon.
Developed by DeFi and smart contract experts, the protocol aims to position the revolutionary lisUSD Destablecoin as the most widely used stablecoin, leveraging Proof-of-Stake (PoS) rewards and yield-bearing assets.
Many stablecoin protocols are overly reliant on a single model (entirely collateralized) or go to the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either carry custodial risk or require on-chain overcollateralization. These models offer a relatively tight peg with higher confidence than purely algorithmic designs.
Purely algorithmic designs like Basis, Empty Set Dollar, and Seigniorage Shares provide a highly trustless and scalable model but lack stability, failing to achieve the early Bitcoin vision of decentralized money.
Decentralized crypto-lending models over the past decade did little to democratize financial services. Most blockchain-based lending protocols promise low fees, fast execution, and high returns but suffer from design inefficiencies, stemming from the "Stablecoin Trilemma," forcing developers to compromise on decentralization, price stability, or capital efficiency.
Lista DAO aims to solve the capital efficiency problem of overcollateralized stablecoins by allowing users to leverage their funds with a collateral debt position (CDP). Combining liquid staking, the MakerDAO model, and additional liquidity from DEX LPs, Lista avoids issues like frozen funds (fiat-backed) or lost value (algorithmic) due to price instability.
Lista is built by experienced DeFi experts and smart contract developers, aiming to position the revolutionary lisUSD Destablecoin as the most widely used stablecoin by leveraging PoS rewards, Binance Liquid Staking, and yield-bearing assets.
Lista DAO promotes blockchain technology adoption by incentivizing borrowers and stakers to become part of a new decentralized economy of scale.
Website: https://lista.org/
Twitter: https://twitter.com/LISTA_DAO
Discord: https://discord.gg/listadao
Telegram: https://t.me/ListaDAO
Purchasing LISTA tokens on the cryptocurrency exchange platform LBank is straightforward. Here's a step-by-step guide:
1. Log into your account: Ensure you're registered and logged into your LBank account, then click the "Trade" option in the top menu bar to start the trading process.
2. Search for LISTA: Use the search function within the trading platform to find "LISTA", locate the trading pair, such as LISTA/USDT, and click to enter its dedicated page.
3. Place an order: In the LISTA/USDT trading page's spot trading area, enter the amount of LISTA you wish to buy. If you want to complete the purchase immediately at the current market price, select a market order and then click the "Buy" button.
4. Confirm the order: A confirmation window will pop up. After verifying the order details are correct, confirm to place your order. Once the transaction is successful, the purchased LISTA will automatically be deposited into your LBank spot wallet.
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