Image source: https://lista.org/
Lista DAO is a DeFi protocol that combines BNB liquid staking with an over-collateralized debt position (CDP) model, enabling users to stake BNB to receive slisBNB and simultaneously borrow the USD-pegged stablecoin lisUSD. Lista DAO aims to address liquidity efficiency challenges and drive increased adoption of BNB in the DeFi space. The platform is supported by Binance Labs, which has invested $10 million, establishing Lista DAO as foundational infrastructure within the BNB ecosystem.
Since LISTA’s Token Generation Event (TGE) launched on Binance on June 20, 2024, the token’s market performance has drawn substantial investor attention. At launch, fueled by Binance Megadrop and airdrop campaigns, LISTA saw a rapid price spike. The current market price ranges between $0.02 and $0.04. However, it remains highly sensitive to overall market movements and staking yields, and thus carries a distinct short-term speculative character.
Real-time data shows LISTA now has a total market capitalization exceeding $80 million, with 24-hour trading volume consistently above $5 million. LISTA is listed on Gate’s spot market—click here to trade: https://www.gate.com/trade/LISTA_USDT
LISTA has a total supply of 1 billion tokens, with an initial circulating supply of 230 million, representing 23% of the total. The allocation is as follows:
The community incentives will be released gradually over 20 years, following a 1/√2 decay model, with 540,000 LISTA currently distributed per week. The protocol subjects tokens allocated to investors and the team to a one-year lock-up. Then, it releases them linearly on a quarterly basis to promote lasting stability.
Lista DAO has adopted the veToken model (veLISTA) to incentivize long-term holding and empower community governance:
Lista DAO drew inspiration from the Curve veCRV model to align user and protocol interests while advancing decentralized governance.
Since launch, Lista DAO has introduced the ListaPie module, innovation zone, and multiple protocol collaborations, further expanding its ecosystem. The platform now supports core features such as CDP-based lending, BNB liquid staking, and stablecoin stabilization mechanisms, demonstrating strong real-world application capabilities.
Looking ahead, as slisBNB and lisUSD are integrated into more use cases, demand for LISTA is expected to increase. Additionally, DAO governance will gradually be transitioned to veLISTA holders, establishing a genuinely community-governed framework. This shift is likely to attract more long-term investors.
Opportunities:
Risks:
As Lista DAO continues to enhance its functionality and community governance takes hold, LISTA—as the protocol’s core token—is expected to play a pivotal role in the evolving DeFi ecosystem. Investors interested in the BNB ecosystem, liquid staking, and stablecoin protocols should continue to monitor LISTA.