Making DeFi Easier
Enjoy secure, simple and permissionless liquid staking and stablecoin lending solutions Cosmic Adventure ChallengeTotal Value Locked
$442,039,152
Collateral Value
$261,096,210
Liquid Staked
$180,942,942
Total lisUSD Borrowed
$52,506,702
Generate lisUSD
Ethereum
ETHTVL
-
MCR
110%
Rate
0%
Stake to Earn
Why Lista
SecurityWhen it comes to DeFi, safety and security
are key priorities for LISTA. All our products have undergone thorough audits by leading firms, and
we independently manage our own validator node.
Seamless UILISTA prioritizes an intuitive and
easy-to-use UI to allow an enjoyable and more accessible experience by all users.
Lucrative yield
opportunitiesMint lisUSD and
slisBNB to unlock a variety of attractive, yet sustainable yield opportunities across BNB
Chain.
Low feesBorrow lisUSD affordably against a wide
variety of collateral at little to no fees, depending on the collateral used.
Main Contributors
Toru
Co-Founder & CEO
Terry
Co-Founder & COO
Lorena
BD Lead
Bob
Product Lead
Xuan
Community Manager
Kay
Marketing Manager
Invested By
Partners
Audit
FAQ
What is Lista?
Lista DAO functions as the open-source
decentralized stablecoin lending protocol powered by LSDfi. Users can undergo staking and
liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized
collateral. Present on the BNB Chain, Lista aims to position lisUSD as the number one
stablecoin in the crypto space, leveraging on innovative liquid staking solutions.
Is Lista audited?
Yes, Lista is audited multiple times by
some of the best Web3 security auditors in the space such as Peckshield, Veridise, Slowmist,
Blocksec and Supremacy. You can find the audit reports here
What is
lisUSD?
lisUSD is Lista’s decentralized stablecoin
pegged to the USD, and is fully over-collateralized by crypto assets such as BNB, ETH, slisBNB
and wBETH. In phase 1, lisUSD leverages on the proven Liquity (for Ethereum) and MakerDAO (For
BNB chain) models for a decentralized and unbiased stablecoin product. Lista will eventually
transition both Ethereum and BNB Chain products to a Liquity code base in Phase 2, which is
expected to be in Q1 of 2024.
What is
slisBNB
slisBNB is the native yield bearing and
liquid staking token for BNB, built by Lista DAO. slisBNB appreciates against BNB in line with
BNB’s staking APR, allowing users have the freedom to earn additional yields on different DeFi
platforms while earning staking rewards passively.
What is
collateral?
Collateral is any asset which a borrower
must provide to take out a loan, acting as a security for the debt.
What does
collateral ratio mean?
This is the ratio between the dollar value
of the collateral deposited by the borrower and amount of debt borrowed in lisUSD.
The collateral ratio will fluctuate over time as the price of the collateral changes. Borrowers can influence the ratio by adjusting collateral and/or debt — i.e. adding more collateral or paying off some of your debt in lisUSD.
For example: Let’s say the current price of ETH is $2000 and you decide to deposit 1 ETH as collateral. If you borrow 400 lisUSD, then the collateral ratio for your debt position would be 2000:400 = 500%. If you borrowed 1000 lisUSD, then the collateral ratio of your debt position would be 2000:1000 = 200% instead.
The collateral ratio will fluctuate over time as the price of the collateral changes. Borrowers can influence the ratio by adjusting collateral and/or debt — i.e. adding more collateral or paying off some of your debt in lisUSD.
For example: Let’s say the current price of ETH is $2000 and you decide to deposit 1 ETH as collateral. If you borrow 400 lisUSD, then the collateral ratio for your debt position would be 2000:400 = 500%. If you borrowed 1000 lisUSD, then the collateral ratio of your debt position would be 2000:1000 = 200% instead.
What is the
minimum collateral ratio % to borrow lisUSD?
Currently, Lista offers a range of
collateral assets (BNB, ETH, slisBNB and wBETH) as collateral on BNB chain and Ethereum to
borrow lisUSD.
On BNB chain, users can borrow lisUSD against the following collateral types:
Crypto assets:
Requirements:
BNB LSTs:
Requirements:
ETH LSTs:
Requirements:
On Ethereum, users can borrow lisUSD against the following collateral types:
Crypto assets:
Requirements:
On BNB chain, users can borrow lisUSD against the following collateral types:
Crypto assets:
- BNB
- ETH
Requirements:
- Minimum Borrow: 15 lisUSD
- Minimum Collateral Ratio: 150%
- Minimum Collateral Deposit: 0.1 BNB , 0.1 ETH
BNB LSTs:
- slisBNB (ListaDAO)
Requirements:
- Minimum Borrow: 15 lisUSD
- Minimum Collateral Ratio: 150%
- Minimum Collateral Deposit: 0.1 slisBNB
ETH LSTs:
- wBETH (Binance)
Requirements:
- Minimum Borrow: 15 lisUSD
- Minimum Collateral Ratio: 150%
- Minimum Collateral Deposit: 0.1 wBETH
On Ethereum, users can borrow lisUSD against the following collateral types:
Crypto assets:
- ETH
Requirements:
- Minimum Borrow: 15 lisUSD
- Minimum Collateral Ratio: 110%
- Minimum Collateral Deposit: 0.1 ETH
What fees are
involved when users borrow lisUSD?
For borrowers, the borrowing interest may
vary depending on the type of collateral used.
On BNB chain:
On Ethereum:
On BNB chain:
- For loans against ETH and BNB tokens, the borrowing interest will be set at 0% APY
- For loans against slisBNB and wBETH,borrowing interest will be set at 1.5% APY
On Ethereum:
- For loans against ETH, there will be a one time fee of 0.5% when loans in lisUSD are taken out. Borrowing interest will be set at 0%.
How can users
earn on Lista?
Users can earn with Lista in a variety of
ways. They can liquid stake their BNB into slisBNB, which accrues BNB staking rewards. They
can provide liquidity for slisBNB and lisUSD in various liquidity pools such as PancakeSwap,
Wombat Exchange, ThenaFi, Curve and Uniswap to further earn trading and LP fees.
Do refer to our point system article here to learn how you can be eligible for our airdrop
Please note that while we strive to maintain price stability, lisUSD may not always be perfectly pegged to the USD, and it can deviate slightly in both directions under stressful market conditions.
Do refer to our point system article here to learn how you can be eligible for our airdrop
Please note that while we strive to maintain price stability, lisUSD may not always be perfectly pegged to the USD, and it can deviate slightly in both directions under stressful market conditions.
Will my position
be liquidated on Lista?
Yes, liquidations are a common concept in
lending protocols like Lista, and thus, users need to be aware that their loan positions are
at risk of being liquidated if they no longer have sufficient collateral to maintain the MCR
of the loan.
For example, if you are a borrower, and the value of your collateral drops below the MCR of 150%, liquidation will occur. You will still keep your borrowed lisUSD, but your borrowed position will be closed and your collateral will be used to compensate liquidators.
For example, if you are a borrower, and the value of your collateral drops below the MCR of 150%, liquidation will occur. You will still keep your borrowed lisUSD, but your borrowed position will be closed and your collateral will be used to compensate liquidators.
Are users at risk
of losing their funds?
As a non-custodial system, all the tokens
sent to the protocol will be held and managed by smart contracts without the interference of
any person or legal entity. That means your funds will only be subject to the rules set forth
in the smart contract code.
Although Lista DAO has rigorously designed our platform and audited our code, there may be additional unforeseen risks, and thus not all risks can be fully excluded.any DeFi protocol and investment carries risk. Lista DAO has made our code and audit reports available online, and users are welcome to assess the risk themselves.
Although Lista DAO has rigorously designed our platform and audited our code, there may be additional unforeseen risks, and thus not all risks can be fully excluded.any DeFi protocol and investment carries risk. Lista DAO has made our code and audit reports available online, and users are welcome to assess the risk themselves.