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Although market sentiment isn't great today, here's what we have: ore with an APY between 100% and 200%.
Lista recently launched a new Aster section, and the first Vault is currently offering a large subsidy with a high APY!
It seems that Lista is preparing to make a big push to develop on-chain deposit and wealth management.
⚒️ The general idea and process are as follows:
1️⃣ Lista's Aster zone offers incentives for CDL members, with current deposit APY reaching over 440%.
2️⃣ If you happen to be a CDL holder, you can directly deposit funds to enjoy an extremely high APY.
3️⃣ However, most miners have a low risk tolerance, so borrowing or hedging is often a safer option.
4️⃣ Unfortunately, neither Binance nor Aster offers CDL contracts, so hedging strategies are not an option.
5️⃣ Fortunately, Lista itself supports borrowing CDL by staking USDT, BTC, and Aster, with an annualized interest rate of less than 1%.
6️⃣ So the idea is simple: borrow it out and then deposit it back in.
🤔 At this point, some people may wonder: since the APY of deposits is as high as 440%, why did we only mention 100%-200% at the beginning?
The reason is that CDL's liquidation threshold is 50%. Based on this ratio, the cost of funds will naturally be discounted, and CDL is not a stablecoin, so leaving a safety margin is necessary.
For example, if you only mortgage 30%, then the actual APY will be reduced by 30%.
Therefore, this mine is more suitable for small investors, and large investors are unlikely to participate.
Beyond the mining itself, considering the current state of BNB Chain, especially the fact that Aster was shill by CZ yesterday, it may need to be understood within a broader context.
There's a popular saying lately: Aster is "Binance on the blockchain." However, those who frequently use the Binance app know that the app has a wealth of features, which clearly cannot be handled by a single protocol like Aster.
The financial incentives launched by Lista this time are essentially still based on the concept of "Binance on the blockchain".
What it aims to serve is likely the wealth management section within the Binance App.
In other words, Aster is merely the leader of the "Binance on Chain" in the larger context, while the specific business still needs to be distributed across various protocols of the BNB Chain.
For details, please refer to YZi Labs' description of the BNB ecosystem in their tweet the day before yesterday. @lista_dao is the only project mentioned twice.
YZi's tweet: x.com/yzilabs/status/198352804...…
Attached is a previous analysis of Binance's wealth management module: x.com/BitHappyX/status/1846750...…
Perhaps, as "Binance on the blockchain" gradually takes shape, Lista will also gradually evolve into an on-chain "Binance Wealth Management".
Note: The above is for informational purposes only and does not constitute investment advice. Please conduct your own research!
Lista's coin holder: BitHappy

BitHappy
@BitHappyX
09-18
Lista 解锁 LP 新玩法:抵押、借贷、再生息!
一句话解释:PancakeSwap 的 LP 仓位现在可以在 Lista DAO 的 CDP 区作为抵押品,用来借出 $lisUSD。
好处在于,抵押 LP 的同时,依然能继续赚取 PancakeSwap 的交易手续费,而借出的 lisUSD 还能投入到其他策略中,进一步提升资金利用率。
📝 根据 x.com/lista_dao/stat…


Suitable for users of CDL bedding set 😂
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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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