About Lista DAO (LISTA)
Lista DAO functions as an open-source liquidity protocol for earning yields on collateralized crypto assets like BNB, ETH, stablecoins, and other cryptocurrencies as well as borrowing the decentralized stablecoin lisUSD, also known as a “Destablecoin”. The protocol uses and expands the proven MakerDAO model for a decentralized, unbiased, collateral-backed destablecoin.
Lista DAO is built by DeFi and smart contract experts with the aim to position the world-class revolutionary lisUSD Destablecoin as the most widely used one, by leveraging Proof-of-Stake (PoS) rewards and yield-bearing assets. The protocol aims to provide open and fair funding and yield options for crypto users. Lista DAO allows users to utilize various features such as borrowing and repaying lisUSD, adding collateral, and claiming rewards.
For more information, visit the official website of Lista DAO (LISTA) at https://lista.org/
Challenges, Opportunities, and Utilities
Many existing stablecoin protocols currently suffer from over-reliance on a single model, such as being fully collateralized by centralized assets or solely relying on algorithmic mechanisms without any collateral. This can introduce risks of centralization if collateralized by centralized assets, or investors’ values may be lost due to price instability if relying solely on algorithms. In addition, the existing decentralized lending models have not fully democratized crypto financial services.
Existing lending protocols promise low fees, fast execution and high returns but still experience inefficiencies due to the “Stablecoin Trilemma” which forces the focus on one aspect only, namely decentralization, price stability or capital efficiency. Lista DAO aims to address these issues by combining Liquid Staking, MakerDAO’s functionality, as well as liquidity from DEXes to avoid problems such as frozen funds or lost values due to price fluctuations.
Lista DAO (LISTA) has several opportunities, which are :
- Integrate Liquid Staking, MakerDAO’s functionality, and liquidity from DEXes to avoid problems such as frozen funds or lost values due to price fluctuations.
- Positioning lisUSD as the most widely used world-class revolutionary destablecoin, by leveraging Proof-of-Stake (PoS) rewards and yield-bearing assets.
- Allowing users to utilize various features such as borrowing and repaying lisUSD, adding collateral, and claiming rewards.
Not only opportunities, Lista DAO (LISTA) also has uses, here are the uses:
- LISTA tokens are used for decentralized community governance. Token holders can provide input and vote on proposals to determine new features, upgrades, and future rules for Lista DAO.
- LISTA tokens are given out as rewards for active users on Lista DAO, like depositing or staking assets, making transactions, and being involved in decision making.
- LISTA tokens can be traded on DEXs to improve capital efficiency, borrow funds, or earn compounding returns.
Investors of Lista DAO (LISTA)
Raising $210,100,000, LISTA is backed by investors such as: Binance Labs and others.
Crypto Asset Ranking Information
As of June 24, 2024, Lista DAO (LISTA)’s ranking on CoinMarketCap is #299, with a market cap of USD 158,860,481. The estimated circulating supply is 230,000,000 LISTA with a maximum supply of 1,000,000,000 LISTA
How to Buy Lista DAO (LISTA) on INDODAX
Now that you’ve discovered more about Lista DAO (LISTA), you can start investing in Lista DAO (LISTA) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy Lista DAO (LISTA) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for LISTA in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired LISTA purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in Lista DAO (LISTA) on INDODAX now!
