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Cooperation ListeDAO & WLFI: Expanding DeFi on BNB Chain
Advanced Partnership List in DeFi
On May 7, a prominent piece of information was announced: Lista DAO, a decentralized stablecoin protocol, announced a strategic partnership with World Liberty Financial (WLFI) of the Trump family. This collaboration aims to enhance the accessibility and practicality of the BNB Chain ecosystem in the DeFi sector.
Cooperation and Benefits
With the combined expertise of the two organizations, users will have additional opportunities to access stablecoins and advanced lending mechanisms. The initial results of the collaboration are impressive, with Lista Lending launching the USD1 lending vault service. This service allows borrowing stablecoin USD1 at a preferential interest rate of 0.39%, by collateralizing various assets such as BTCB, WBNB, slisBNB, and ETH.
Future Strategy
USD1 holders have a special opportunity to deposit into the platform, participate in Lista DAO's BNBFi launchpool strategy. In the future, the project will expand with many new features such as USD1/lisUSD liquidity pools and accepting USD1 as collateral on Lista DAO's CDP platform. This is especially useful for veLISTA Token holders when they will enjoy preferential loan interest rates.
Next Steps
The DAO list affirms its commitment to developing innovative financial tools to meet the changing needs of users. This is a significant step in enhancing the power of cryptocurrency in the modern financial ecosystem.
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