Speaking of the chess move by ListaDAO, I think the approach is indeed clear. Building financial infrastructure on Binance Smart Chain is no small ambition, but the entry point is cleverly chosen—using USD1 stablecoin.

Why is a stablecoin so critical? Because it is the most fundamental need for lending and trading. With the stablecoin as a pivot, there is potential to leverage the entire ecosystem. ListaDAO continuously expands around this core—integrating more asset types, developing diversified revenue mechanisms—all essentially strengthening its hub position.

Looking at their actions, strategic partnerships are progressing in an orderly manner. Integration with leading platforms has expanded the application scenarios of USD1 beyond the protocol itself, and this network effect is truly a moat. Of course, all this is built on a secure foundation. Without solid security measures, even the grandest vision cannot withstand scrutiny, and the team clearly understands this.

Interestingly, they have also incorporated community governance into their strategy. By incentivizing users to participate in co-creation, it’s much more sophisticated than simple platform operation. Product experience refinement is also underway—reducing barriers to use to attract a broader user base.

From the development trajectory, every new user and every additional asset class adds to the overall ecosystem value. This is the power of network effects. Especially if they can successfully integrate more real-world assets (RWA) in the future, the potential is much greater.

In this highly competitive track, those projects with clear goals and focused persistence tend to go further. ListaDAO is involved in reshaping the on-chain financial landscape, and this perspective is definitely worth paying attention to. Based on the progress of the roadmap, the team’s execution capability is evident, which is why I continue to monitor them.