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Helio Protocol has been renamed to Lista DAO and launched lisBNB to achieve strategic growth.

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Lista DAO is committed to simplifying and revolutionizing the DeFi space.

Source: Lista DAO

Lista DAO, an important participant in the decentralized finance (DeFi) field that focuses on collateralized debt positions (CDPs) and liquidity mining, is about to attract the cryptocurrency community by unveiling its Cosmic Adventure Challenge (CAC) and launching lisBNB.

CAC promises to provide an immersive and rewarding experience, giving participants the opportunity to earn points and receive highly anticipated LISTA airdrop shares. At the same time, as a tokenized version of staking BNB, lisBNB is expected to completely change the DeFi strategy within the Lista DAO ecosystem.

Overview of Cosmic Adventure Challenge (CAC):

CAC is a top-level points system event of Lista, which will start on February 5, 2024. Participants (challengers of this event) can embark on a journey on the BNB smart chain and complete tasks such as providing locked total value (TVL) on Lista, borrowing lisUSD on Lista, and participating in liquidity provision and trading volume generation, etc. The first season will start at 0:00 Coordinated Universal Time on February 5, 2024, and end at 23:59 Coordinated Universal Time on February 29, 2024. Lista confirms that it will airdrop 2% of LISTA tokens to CAC participants.

Participating in both Season 1 and Season 2 can provide loyalty rewards to participants in the form of bonus points. The points earned by completing tasks will affect rankings and percentages, thereby determining the amount of LISTA airdrop shares each challenger receives. Lista's Dapp dashboard provides daily point tracking to ensure transparency and competitiveness. Loyalty incentives encourage early participation, allowing users to carry over Stardust balances from Season 1 to Season 2. The highly anticipated Lista airdrop distribution, which received a $10 million investment from Binance Labs in August 2023, is expected to be a huge success.

Strategic Decision-making:

Along with the release of CAC, Lista DAO announced a delay in the launch of its Ethereum mainnet. This strategic decision takes priority over the successful launch of CAC activities and the carefully planned rebranding scheduled for February 5th. The suspension of the transition to Liquity's codebase highlights Lista DAO's commitment to building a robust foundation for eventual expansion to the Ethereum mainnet.

Introduction of lisBNB:

Lista DAO has launched lisBNB, a stablecoin pegged to BNB over-collateralization, providing stability to the ecosystem. Although it does not generate returns, lisBNB increases the capital utilization efficiency of ListaDAO's DeFi strategy. The launch date of lisBNB will be announced through social media channels.

Quote:

The marketing team of Lista DAO emphasizes that "the space adventure challenge marks a key moment for Lista DAO, in line with our commitment to innovative and user-centric DeFi solutions. We invite members of the cryptocurrency community to join us on this exciting journey."

Follow Lista DAO on Twitter and Telegram for real-time updates and announcements.

About Lista DAO:

Lista DAO is a leading provider of CDP stablecoins and LSDfi, committed to simplifying and innovating in the DeFi space. With accessibility, innovation, and user-centric solutions in mind, Lista DAO aims to make DeFi more accessible to everyone.

Attention: Lista DAO reserves the right to modify the terms and conditions of CAC without further notice.