LSDfi and CDP solution ListaDAO released a vote on the proposal "Proposal to introduce a pegged stability module using the lisUSD savings rate". The current approval rate is 100%. The vote will close on November 25th. The proposal includes the introduction of a pegged stability module (PSM) and the lisUSD savings rate (LSR) to enhance the price stability of lisUSD and provide stable returns for deposits.
PSM will initially support USDT, with a total quota of 5 million lisUSD, and will gradually increase support for FDUSD and USDC according to market demand. The maximum limit of PSM is 15 million lisUSD. The initial interest rate of LSR will be pegged to a fixed spread of 1% under the lisUSD to BNB borrowing rate and adjusted according to market demand.
Lista DAO Releases Proposal to Launch a Stability-Linked Module Using the lisUSD Savings Rate
2024-11-22 06:54:13
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