You see, if Bitcoin rises to around 63,500, short orders will be liquidated for $1.248 billion; and now it has fallen to around 60,000, long orders will be liquidated for $3.778 billion. Now Bitcoin is hovering around 60,000, and the market makers probably won't raise the price to give long orders a chance to escape, so the price has not gone up. It seems that we have to be prepared for a big wave of liquidations!
Recently @ListaDAO has come up with a new idea and launched clisBNB. This thing is amazing. You can borrow and lend while participating in the new issuance on the chain. It is like earning an extra profit!
Let's talk about ListaDAO. Once clisBNB comes out, the liquidity of the BNB ecosystem will be stronger, and it can also attract more users and transactions to projects such as Lista DAO. Moreover, clisBNB is easy to use and has a reward mechanism, which will definitely attract more new users to the BNB ecosystem. In this way, the use of DeFi protocols will be more extensive.
However, as a new tool, clisBNB will also compete with those old DeFi protocols, forcing them to become better to remain competitive.
Lista DAO has several advantages over other DeFi protocols: a strong community governance mechanism where users have a say; high flexibility and the ability to quickly adjust strategies and products; and possibly lower transaction fees. However, it also has shortcomings, such as low visibility, few users, high security risks, and the possibility of unstable transaction prices due to insufficient liquidity.
Looking into the future of Lista DAO, it may join hands with other DeFi projects to expand its territory and attract more users and funds. It will also continue to optimize technology and architecture to make the platform safer and easier to use. At the same time, it will strengthen user education and increase user participation. It will also launch various products and services based on user needs, such as lending and liquidity mining.
Let’s talk about BNB.xyz. It may be an innovative platform that integrates many DeFi services to make it easier for users to use. If it works well with other projects in the BNB ecosystem, it can make full use of BNB’s liquidity and user base.
