📢 LIP #003 - Listing wstETH as Classic Collateral on Lista DAO
LIP #003 proposes listing @LidoFinance $wstETH as a classic collateral asset on ListaDAO for minting lisUSD. This aims to provide users with a highly liquid and popular collateral option, enhancing capital efficiency and potentially increasing the user base of Lista Protocol. 📈✨
Vote now: https://t.co/6TwpdCSZxl
Voting Period: from 21th August at 8 AM to 24th August at 8 AM, UTC +0.
This proposal includes updating our platform to support wstETH and setting risk parameters as follows:
🔹Load Limit: 5M lisUSD
🔹Minimum Collateral Ratio (MCR): 150%
🔹Borrow Interest Rate: 7%
🔹Minimum Deposit Amount: 0.1 wstETH
By integrating wstETH as collateral:
🔹 Users gain access to leverage using the 8th largest crypto by market cap.
🔹 It increases capital efficiency by enabling more options for users to mint lisUSD.
🔹 It enhances liquidity and platform activity, strengthening Lista DAO's market presence.
Voting Options:
Yes: Approve listing $wstETH as classic collateral.
No: Maintain the current list of collaterals.
Thank you for your participation and support in shaping the future of Lista DAO! 🚀🌐