Lista DAO and Trump Family Crypto Project WLFI Collaborate to Expand the Practicality of BNB Chain Ecosystem DeFi

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PANews
05-07
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PANews reported on May 7th that, according to Cointelegraph, the decentralized stablecoin protocol Lista DAO announced a strategic partnership with the Trump family's crypto project World Liberty Financial (WLFI), with both parties aiming to enhance the DeFi accessibility and utility of the BNB Chain ecosystem. This collaboration will combine the professional advantages of both institutions, providing users with more opportunities to engage with stablecoins and advanced lending mechanisms. Currently, initial results have been achieved, with Lista Lending platform launching the USD1 lending vault service. This service allows users to borrow USD1 stablecoin at a preferential rate of 0.39% by pledging various assets (including BTCB, WBNB, slisBNB, and ETH).

In the future, both parties plan to further deepen their cooperation, including launching the USD1/lisUSD liquidity pool and accepting USD1 as collateral assets on Lista DAO's CDP platform. Users holding veLISTA tokens will enjoy borrowing rate discounts. Lista DAO stated that they will continue to develop innovative financial tools to meet users' evolving needs.

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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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