In recent years, the Decentralized Finance (DeFi) space of BNB Chain has been lacking truly influential protocols. However, Lista DAO has emerged as a noteworthy outlier. This project, which evolved from Helio Protocol, has not only become the DeFi protocol with the highest Total Value Locked (TVL) on BNB Chain but has also successfully occupied a core position in the BNBFi ecosystem.

When深入研究 Lista DAO, there are several noteworthy features worth discussing:

First, Lista DAO plays a crucial role in the USD1 ecosystem. USD1 is an institutional-grade stablecoin launched by World Liberty Financial (WLFI), fully backed by U.S. Treasury securities and cash equivalents. Since its launch in March this year, the total supply of USD1 has quickly surpassed $2.4 billion, demonstrating ambitions to compete with USDT and USDC.

In this rapidly developing USD1 ecosystem, the role of Lista DAO can be likened to "arteries". Currently, the TVL of USD1 on Lista DAO has exceeded 100 million USD. The platform not only provides a USD1 treasury and a lisUSD/USD1 liquidity pool, but also includes USD1 as collateral in the CDP (Collateralized Debt Position). These features offer users a variety of financial services, including borrowing USD1 at an interest rate of 2-5%, and the ability to stack other yield strategies.

The success of Lista DAO not only reflects its innovation in technology and product design, but also showcases the potential of the BNB Chain ecosystem. With the continuous development of the DeFi sector, the performance of Lista DAO may become a benchmark for other projects on the BNB Chain, driving the entire ecosystem towards a more mature and diversified direction.