ListaDAO

**Trust Wallet has integrated the Lista DAO U Vault**, enabling users to deposit stablecoins and earn up to 25% APY directly through the wallet interface. **Key Features:** - Deposit U stablecoins into Lista U Vault - Earn yields up to 25% APY - Swap, deposit, and earn functionality built into Trust Wallet **Background:** Lista DAO operates as an open-source liquidity protocol built on the MakerDAO model. The platform allows users to earn yields on collateralized crypto assets (BNB/ETH/Stablecoins) and borrow lisUSD, their decentralized stablecoin. The integration makes high-yield stablecoin farming more accessible to Trust Wallet's user base, removing friction from the deposit process. Previous data showed the USD1 Vault offering 24.18% APY on deposits. Users can now access these yields without leaving the Trust Wallet ecosystem, streamlining the process of putting stablecoins to work in DeFi protocols.

Lista DAO is currently offering negative borrow rates across multiple collateral pairs, meaning borrowers get paid to take out loans. **Current Rates:** - slisBNB & BNB → USDC: **-10.49%** - ETH → USDT: **-4.34%** - USDT & USDC → XAUt: **-2.56%** - ETH → USDC: **-2.45%** - slisBNB & BNB → XAUt: **-2.19%** The protocol allows users to borrow against various collateral types including liquid staking tokens, ETH, and stablecoin pairs. The negative rates represent an unusual market condition where the protocol incentivizes borrowing. Users can access these rates through Lista's lending platform, which supports collateralized borrowing with minimal liquidation risk on stablecoin-backed positions. [View current rates](https://lista.org/lending/borrow)

Lista DAO has introduced a new Real World Asset (RWA) vault in partnership with DowProtocol, offering exposure to cross-border e-commerce financing. **Key Details:** - 90-day PayFi vault backed by Amazon seller receivables - ~10% APY with $3.02M capacity cap - Subscription period: April 2-9, 2026 - Auto-rolls at maturity; exit available before Day 83 **About DowProtocol:** Dowsure completed Series C funding with backing from HSBC and Ant Group, bringing institutional credibility to the offering. This launch expands Lista's RWA product suite on BNB Chain, which previously included U.S. Treasury Bills (3.65% APY) and AAA-rated CLOs (4.71% APY) introduced in January 2026. [Learn more about the vault](https://blog.lista.org/lista-%C3%97-dowsure-new-rwa-product-on-the-bnb-chain)

Lista DAO has introduced **LIP 024**, proposing a complete restructuring of $LISTA tokenomics. The proposal eliminates the veLISTA staking mechanism, allowing all locked tokens to be released penalty-free. **Key changes include:** - **Simplified governance**: Holding $LISTA becomes the only requirement for voting eligibility, with LP pool voting being phased out - **Revenue model shift**: Revenue sharing for veLISTA stakers replaced with protocol-funded $LISTA buybacks, tracked via public dashboard - **Expanded utility**: New "delayed liquidation" feature launching Q2 2026 to increase token use cases The proposal marks a departure from the previous deflationary approach (LIP 016) that locked 40% of buyback tokens permanently. Instead, buyback funds will support protocol growth and user benefits. **Voting runs until April 2, 2026** at 8:20 AM UTC. A "Yes" vote approves implementation of Tokenomics 2.0, while "No" maintains the current veLISTA model. [Vote on Snapshot](https://snapshot.org/#/s:listavote.eth/proposal/0x1a15347f6b452049212bdf51ff1a46c0a7edf7ca8efe1004b32c15c2965f0f3b)

Lista Lending has launched **six new fixed-rate borrowing markets**, adding support for BTCB and slisBNB as collateral across USDT, U, and USD1 markets. **Key Features:** - Fixed borrowing rates starting at **1.64% for 30 days** - **$13 million+ in available liquidity** - Users can lock in rates and borrow stablecoins against BTC and liquid staked BNB This expansion builds on Lista's recent market additions, including PT-sUSDe and USDe collateral options. The platform now offers both traditional collateral-based borrowing and its newer Lista Credit system for non-collateral loans. Fixed-rate borrowing provides predictable costs for users, contrasting with variable-rate DeFi lending. The addition of BTCB and slisBNB broadens collateral options for borrowers seeking stable financing terms. [Start borrowing](https://lista.org/lending/borrow?utm_source=x&utm_medium=promo&utm_campaign=0312)

Lista Lending has expanded its platform by adding PT-sUSDe-09APR2026 (Plasma) as collateral for borrowing three stablecoins. **New Borrowing Markets:** - PT-sUSDe/USD1: ~0.77% rate with 1.4M liquidity - PT-sUSDe/U: ~0.76% rate with 350K liquidity - PT-sUSDe/USDT: ~0.77% rate with 150K liquidity The integration follows a previous listing on HyperLend in August 2025, where PT-sUSDe by Pendle was made available for borrowing USDT0 and USDe with up to 4x leverage. **Key Considerations:** - Supplying PT-sUSDe generates yield - Market volatility may affect collateral value - Depeg risk exists [Access the markets](https://lista.org/lending/market/bsc/0x73a49d7e15386803327e0571908259b1ebd9c5638f91b90545fdda7694c8a3a2?tab=market&utm_source=x&utm_medium=promo&utm_campaign=0130)

Lista DAO has released its roadmap for the first half of 2026, outlining several product expansions: **Key Developments:** - **Stableswap Hub**: Deployment on Ethereum mainnet with aggregator integrations - **RWA Zone**: Introduction of corporate bonds and expanded token utility - **Onchain Credit Lending System**: New lending infrastructure - **Prediction Market Based Vaults**: Novel vault mechanisms The roadmap builds on Lista DAO's 2025 vision, which focused on veLISTA empowerment, lisUSD expansion, liquid staking enhancements, and BNBFi ecosystem growth. Full details: [Lista DAO 2026 H1 Roadmap](https://blog.lista.org/lista-dao-2026-h1-road-map)

Lista DAO has launched Real World Asset (RWA) yields on BNB Chain, marking the first native RWA offering on the network. **Key Features:** - Users can deposit USDT to earn yields from tokenized real-world assets - U.S. Treasury Bills offering 3.65% APY - AAA-rated Collateralized Loan Obligations (CLOs) providing 4.71% APY - Integration powered by Centrifuge with Chainlink price feeds **What This Means:** The platform brings traditional finance yields on-chain, allowing crypto users to access institutional-grade fixed income products. Lista DAO, known for its lisUSD stablecoin protocol, expands beyond its core lending and borrowing services to offer exposure to government bonds and high-grade debt instruments. This development represents a growing trend of bridging traditional financial products with blockchain infrastructure, making treasury yields accessible to crypto holders without leaving the chain. [Access Lista RWA](https://lista.org/rwa?utm_source=x&utm_medium=annon&utm_campaign=0112&u)

Lista DAO has distributed its **72nd weekly veLISTA rewards**, totaling **262K LISTA tokens**. **Key Details:** - APR reaches up to **41.08%** with voting incentives - Weekly distribution continues Lista's regular reward program - Users can claim lending emissions and borrow rebates The rewards are part of Lista DAO's ongoing incentive structure for veLISTA holders. The protocol operates as a liquidity platform for earning yields on crypto assets while enabling borrowing of lisUSD stablecoin. **Action Required:** Users should visit [lista.org/lock](http://lista.org/lock) to claim their rewards and rebates.

Lista DAO has published an educational piece explaining **Smart Lending** and its operational mechanics. The protocol allows users to: - Deposit collateral at fixed or custom ratios - Set slippage parameters for borrowing - Supply assets without borrowing - Cleanly repay loans and withdraw collateral Smart Lending is part of Lista DAO's broader **liquidity protocol** that enables yield generation on collateralized crypto assets including BNB, ETH, and stablecoins. Users can borrow **lisUSD**, the protocol's decentralized stablecoin, against their deposited collateral. The system builds on the proven MakerDAO model while operating natively on BNB Chain. A comprehensive hands-on tutorial is available, providing step-by-step guidance for accessing and using the Smart Lending features. [Read the full guide](https://www.odaily.news/zh-CN/post/5207789)