The interest rate is lower than 1% to start circular arbitrage. Lista Lending launched the slisBNB mortgage minting clisBNB function

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On May 21, according to official sources, Lista DAO's lending product Lista Lending now supports using slisBNB as collateral to mint clisBNB. Users can deposit slisBNB into the lending market, mint clisBNB, delegate it to Binance's non-custodial wallet, and then circularly borrow BNB to achieve yield stacking and arbitrage. Currently, the BNB market lending rate is below 1%.

It is reported that the slisBNB price is jointly determined by the BNB oracle price and the slisbnb exchange rate, featuring strong security and stability.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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