Lista DAO Expands USD1 Vault with slisBNB and ETH as New Collateral Assets on BNB Chain

On April 18th, COINOTAG News reported significant developments from Lista DAO, as its lending product, Lista Lending, introduced slisBNB and ETH as new collateral assets for its USD1 and BNB Vaults. This strategic move marks a pivotal moment for the USD1 vault, which is linked to the WLFI projects USD1 stablecoin and is now operational on the BNB Chain. The vault offers a borrowing limit of up to 20 million USD1, allowing users to collateralize assets like slisBNB, ETH, BTCB, and BNB to access USD1 liquidity.

Meanwhile, the BNB Vault has experienced impressive community engagement, garnering over 340,000 BNB in supply. This vault facilitates both borrowing and lending of BNB, leveraging slisBNB, ETH, BTCB, and solvBTC as collateral options. Notably, users are allowed to borrow BNB to participate in ongoing Binance Launchpool events, enhancing their earning potential within the rapidly evolving DeFi landscape.