$LISTA On-chain observation:
Lista DAO (CDP stablecoin) protocol revenue rose to 3.8 times its usual daily average of $15,000, reaching $57,000 on the latest day.
Investors focused on fundamentals usually ask three questions about this kind of data:
1) Where is the money coming from—has trading volume increased, or is it liquidations?
2) How long can it last?
3) Is there a way for revenue to flow back to LISTA holders?
Until all three questions have clear answers, don't treat the revenue as a straightforward reason to buy.
This may not be entirely accurate; make your own judgment.
Lista DAO (CDP stablecoin) protocol revenue rose to 3.8 times its usual daily average of $15,000, reaching $57,000 on the latest day.
Investors focused on fundamentals usually ask three questions about this kind of data:
1) Where is the money coming from—has trading volume increased, or is it liquidations?
2) How long can it last?
3) Is there a way for revenue to flow back to LISTA holders?
Until all three questions have clear answers, don't treat the revenue as a straightforward reason to buy.
This may not be entirely accurate; make your own judgment.
