Lista DAO releases proposal for "Proposal to launch a pegged stable module using lisUSD savings rate"
the LSDfi and CDP solutions Lista DAO have proposed a vote on the "suggestion to launch a stable module linked to the lisUSD savings rate" and currently have a 100% approval rate. The proposal includes introducing the Peg Stability Module (PSM) and lisUSD savings rate (LSR) to enhance the price stability of lisUSD and provide stable returns for deposits. Initially, PSM will support USDT with a total quota of 5 million lisUSD, and gradually increase support for FDUSD and USDC based on market demand. The maximum limit for PSM is 15 million lisUSD. The initial interest rate of LSR will be linked to the fixed interest rate differential of lisUSD against BNB borrowing rate minus 1%, and will be adjusted based on market demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
We know memecoins, but what are contentcoins?
Want Speed, Scale, and Security? Qubetics, Polkadot, and Flare Are the Best Cryptos to Join TodayFlare: Turning Blockchain Data Into Actionable Utili
Discover the best cryptos to join today with updated insights on Qubetics, Polkadot, and Flare. Compare presale stats, utility, token price, and community growth.Qubetics: Redefining Web3 Utility with Power and PrivacyPolkadot: Modular Strength with a Battle-Tested NetworkFinal Thoughts: Should You Back the Next Web3 Power Move?
XRP price consolidates and maintains expectations of growth towards US$ 5
Ethereum Resurrected? ETH Reacts Strongly and Analysts Point to Possible Path to $10.000
Trending news
MoreCrypto prices
More
