Lista DAO is a DeFi protocol on Binance Chain. It allows users to collateralize crypto for lisUSD, a stablecoin. Inspired by MakerDAO, Lista uses a dual-token system (lisUSD and LISTA) and offers features like collateralization, borrowing, and yield farming. It aims to improve capital efficiency by using PoS rewards and yield-bearing assets, mitigating risks associated with overcollateralization and algorithmic instability. Lista plans to expand to multiple blockchains for wider DeFi integration.
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