Roadmap

Building on a Strong Foundation

In 2024, Lista DAO reached several transformative milestones that solidified its position as a major player on the BNB Chain. The protocol experienced exponential growth in Total Value Locked (TVL), soaring from $110.86 million to $1.1 billion, marking a remarkable 896.92% year-to-date increase. This achievement positioned Lista DAO as the third-largest protocol on the BNB Chain.

Additionally, the launch of the LISTA token on Binance introduced the veLISTA governance model, empowering the community to actively participate in protocol decisions. Security remained a top priority, with the implementation of multi-oracle architecture, TimeLock governance, and continuous audits to safeguard user assets and ensure operational integrity.

Empowering LISTA Token Holders in 2025

Lista DAO is beginning 2025 by focusing on empowering LISTA token holders through the veLISTA governance framework. This system will grant holders significant privileges, including lisUSD borrowing interest discounts, delayed liquidation, and other exclusive benefits.

A tiered reward system will incentivize deeper veLISTA commitments, offering higher emission boosts for token holders. Additionally, the introduction of open-market token redemption will help stabilize LISTA’s value and foster long-term growth by creating a sustainable and balanced token economy.

Advancing the Three Core Pillars

Lista DAO will continue prioritizing the development of its three key pillars throughout 2025, building on their solid foundations:

Lista 1.0: lisUSD Expansion

The protocol will drive lisUSD adoption across multiple chains, targeting ecosystems lacking reliable stablecoin options. To further attract users and liquidity, Lista DAO plans to introduce new lisUSD products, such as fixed borrowing rates and limited free borrowing periods, boosting both user engagement and protocol revenue.

Lista 2.0: Liquid Staking Enhancements

Enhancements to slisBNB will focus on optimizing node operations, decentralizing further with the creation of smaller, scalable nodes, and strengthening governance. These improvements will improve performance and accessibility, ensuring a robust and sustainable staking experience for users.

Lista 3.0: Expanding the BNBFi Ecosystem

The BNBFi ecosystem (slisBNBx) is set to experience significant growth in 2025 as Lista DAO expands its cross-chain integrations. By partnering with protocols such as StakeStone and Solv, Lista DAO will onboard staked assets from other blockchains, including Ethereum, into BNB. This initiative will unlock opportunities for users to participate in programs like Launchpool, Megadrop, and Hodler Airdrop, offering competitive yields exceeding 30% APR.

To further enhance the ecosystem, Lista DAO will introduce cross-chain vault products designed to capture incentives and airdrops across multiple networks. Additionally, a referral system will be launched to engage influencers and KOLs, driving user growth and accelerating adoption.

As part of its strategy to lead the DeFi space, Lista DAO will focus on integrating more DeFi primitives into its ecosystem. These “Lego blocks” will feature expanded collateral options, advanced liquid staking solutions, and innovative liquidity mechanisms. By building a modular and interoperable ecosystem, Lista DAO seeks to provide users with greater flexibility while unlocking new opportunities for capital efficiency and optimization.

2025 H1 Summary

1. Major Milestone:

Launched Lista Lending, a decentralized P2P lending protocol, with upgrades like slisBNBx minting, a Vault Manager GUI, Alpha Zone, and Liquidation Zone.

2. Ecosystem Expansion

Collaborated with USD1 to integrate stablecoin use cases into Lista DAO’s DeFi protocols, enhancing liquidity and utility.

3. Strategic Integration

Partnered with strategic partners such as World Liberty Finance, Pendle Finance, etc to enhance yield opportunities.

4. Innovative Utility

Introduced lisUSD borrow rebates for veLISTA holders, reducing borrowing costs and boosting capital efficiency.

2025 H2 Roadmap

1. USD1 Hub Leadership

Build Lista into the largest on-chain hub for USD1, with more than $70M currently in Lista Lending, targeting an increase in TVL to over 100M and a competitive Supply APY through expanded integrations and yield optimization.

2. Lista CDP for PancakeSwap

Launch in Q3 to enable PancakeSwap LP positions as collateral for lisUSD minting, boosting capital efficiency.

3. RWA Yield-Bearing Stablecoin

Introduce a USD1-based stablecoin backed by U.S. Treasuries and corporate bonds in Early Q3.

4. lisUSD Growth

Increase lisUSD minting volume from 63.2M to 80M (26.6% growth) by year-end through our Yield-bearing stablecoin and LP minting products.

5. Fluid-like DEX

Launch a lending and AMM-integrated DEX in Q4 to convert Lista Lending collaterals into LP positions.

6. Fixed-Rate Lending Expansion

Expand Lista CDP to offer fixed-rate and fixed-term lending products, with timeline to be confirmed.