Lista Dao

A permissionless liquid staking and CDP stablecoin lending protocol on BNB Chain and Ethereum — stake BNB, mint lisUSD, and put your assets to work.

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Why Lista Dao

Most protocols make you choose between staking yield and borrowing liquidity. The Lista Dao platform removes that trade-off entirely.

No lock-up on staked BNB

When you stake through the Synclub validator node, you receive slisBNB immediately. That token keeps accruing staking rewards while staying liquid — no unbonding wait, no missed opportunities.

Borrow without selling

Deposit slisBNB, BTCB, wBETH, or ETH as collateral and draw lisUSD at low fees. You keep full exposure to price upside while getting dollar liquidity the same day.

Transparent, audited code

The Lista Dao protocol's contracts are open-source. The team builds on security patterns from OpenZeppelin, and audits are published on the official docs site.

Multi-chain validator coverage

Staking coverage spans BNB Chain, Tron, Cosmos, and Polkadot validators. This gives holders diversified yield exposure from a single interface rather than managing four separate wallets.

How it works

Five steps. No advanced knowledge required. The Lista Dao platform guides you through each action in plain language.

1

Connect your wallet

Use MetaMask, Trust Wallet, or any WalletConnect-compatible wallet. Switch to BNB Chain (chainId 56) or Ethereum mainnet depending on the asset you want to work with.

2

Stake BNB and receive slisBNB

Go to the Liquid Staking tab, enter your BNB amount, and confirm. You receive slisBNB 1:1 (adjusted for accrued yield). That token starts earning rewards immediately.

3

Open a CDP vault

Navigate to the Lending section — called Moolah in the interface. Select a vault that accepts your collateral, deposit, and set your target loan-to-value ratio below the LLTV ceiling.

4

Mint or borrow stablecoins

Draw lisUSD, USDT, or another supported loan asset. The protocol checks collateral ratio on-chain. Funds arrive in your wallet in seconds — no KYC, no waiting period.

5

Deploy borrowed funds, then repay

Use lisUSD in DEX liquidity pools, yield farms, or perp trading — liquidity pairs exist on platforms similar to Uniswap on BNB Chain. When ready, repay the loan and withdraw collateral in one transaction.

Key features

Liquid staking receipt token (slisBNB)

slisBNB auto-compounds validator rewards. Its exchange rate versus BNB increases over time, so simply holding it earns yield without any additional action.

lisUSD — native decentralized stablecoin

lisUSD is minted only by over-collateralizing on-chain assets. There is no central issuer. The peg is maintained through a stability pool and liquidation engine, consistent with standards described on ethereum.org.

Curator-managed lending vaults

The Moolah system lets professional risk curators — including Gauntlet and Pangolins — manage vault parameters. Depositors earn APY; borrowers get competitive rates with transparent on-chain terms.

Smart collateral

Certain vault types accept "smart collateral" — assets that themselves generate yield while locked. This means collateral does not sit idle; it keeps compounding even as it backs a loan.

Fixed and flexible borrow terms

Borrowers choose between flexible (variable-rate) and fixed-term positions. Fixed positions lock in the rate, which is useful when rates are low. Flexible positions adjust with market conditions.

Real-World Asset (RWA) support

The Lista Dao protocol supports gold-backed tokens (XAUt) and USD1 alongside crypto collateral. RWA integration brings non-crypto yield sources into the same borrowing framework.

LISTA governance token

LISTA holders vote on protocol parameters, new vault listings, and fee structures. Governance operates on-chain via snapshot and on-chain execution — no trusted multisig controls critical settings.

Lista Dao by the numbers

These figures reflect the scale of the Lista Dao platform as of mid-2026. Numbers update on-chain in real time.

$970M+
Total Value Locked
$242M+
Total Borrowed
2
Supported Networks (BNB, ETH)
20+
Active Lending Vaults

FAQ

Got a deeper question? Visit the full Q&A page or check the About section for background on the team and technology.

What is Lista Dao?

Lista Dao is a permissionless liquid staking and Collateralized Debt Position (CDP) lending protocol on BNB Chain and Ethereum. It lets users stake BNB, mint the lisUSD stablecoin, and access a curator-managed lending marketplace.

How do I start staking BNB on Lista Dao?

Connect a Web3 wallet to the Lista Dao platform, navigate to Liquid Staking, enter your BNB amount, and confirm. slisBNB arrives in your wallet instantly. You can then use it as collateral or simply hold it to earn staking APY.

What is slisBNB?

slisBNB is the liquid staking receipt token. It represents your staked BNB plus accumulated validator rewards. Its BNB exchange rate rises over time, so holding it is equivalent to passively earning yield without any manual claiming.

What is lisUSD?

lisUSD is the native decentralized stablecoin minted on the Lista Dao protocol. Users generate it by over-collateralizing accepted assets. Its peg is managed algorithmically — no single issuer controls supply. Learn more about CDP-based stablecoins on Wikipedia's DeFi article.

Is Lista Dao safe and audited?

Yes. The team behind Lista Dao has published multiple third-party audit reports. Smart contracts follow OpenZeppelin security patterns and are open-source on GitHub. That said, all DeFi protocols carry inherent risk — only deposit what you can afford to manage.

How do I borrow lisUSD?

Open the Lending section, pick a vault that accepts your collateral, deposit assets, and draw lisUSD up to the allowed LLTV ratio. The entire process is on-chain. No application, no credit check.

Can I use lisUSD in other DeFi protocols?

Absolutely. lisUSD is a standard ERC-20 token. It trades on BNB Chain DEX pools and can be deployed in yield strategies on platforms that work similarly to Uniswap. You can also use it for perp DEX margin.

What collateral types does Lista Dao accept?

Supported collateral includes BNB, ETH, slisBNB, wBETH, BTCB, USDT, USDC, USD1, XAUt, and several yield-bearing LP tokens. The list expands through governance as new assets are listed.

Why should I choose Lista Dao over other staking protocols?

The Lista Dao platform combines liquid staking and lending in one place. You earn staking yield on slisBNB while simultaneously using it as collateral for cheap borrows. Two income angles from a single deposit — that is the core value proposition.

How does the Moolah lending system work?

Moolah is Lista Dao's curator-managed vault system. Expert risk managers like Gauntlet set collateral factors, interest models, and exposure limits for each vault. Depositors supply assets and earn variable or fixed APY while borrowers draw loans against accepted collateral.

Can I earn rewards if I hold LISTA tokens?

LISTA token holders participate in on-chain governance and may qualify for fee-sharing programs and boosted rewards. Check the current DAO proposal queue on the Lista Dao platform for active incentive structures.

What networks does Lista Dao support?

Lista Dao operates natively on BNB Chain (chainId 56) and Ethereum mainnet. Staking delegation spans validators on Tron, Cosmos, Polkadot, and BNB Chain. The team plans further network coverage through governance votes.

How do I repay a lisUSD loan on Lista Dao?

Go to your open position in the Lending tab, enter the repayment amount, and approve the lisUSD spend in your wallet. Confirm the repay transaction. The protocol burns the returned lisUSD and unlocks a proportional share of your collateral.

What happens if my collateral drops in value?

If collateral falls below the liquidation threshold, Lista Dao's liquidation engine triggers partial liquidation. A stability pool absorbs the debt. Borrowers should monitor their health factor and top up collateral proactively to avoid this scenario.