A recent interesting combination has emerged in the DeFi ecosystem on BNB Chain—Lista DAO and USD1 linkage. Simply put, the two protocols complement each other's advantages, allowing players to earn more yields.

Lista DAO is a leading liquidity staking and lending protocol on BNB Chain, with its core product lisUSD being a over-collateralized stablecoin. In the past, users could only collateralize BNB to mint lisUSD. Now, with the addition of USD1, new gameplay options open up. To put it plainly, you can treat USD1 as collateral to exchange for lisUSD in Lista's lending market or participate in liquidity mining.

How exactly does it work? Taking Lista Lending as an example. Users deposit USD1 into the vault and earn an APY of 1.74%. At the same time, these USD1 can also be used as collateral to borrow lisUSD for farming. This cycle improves capital efficiency. The data speaks for itself—by the first half of 2025, Lista DAO's TVL has surged to $2.85 billion, and the circulating supply of USD1 on-chain has exceeded $80 million.

Why is this combination so attractive? The key lies in complementarity. Lista provides the lending framework and market depth, while USD1 as a composable stablecoin brings liquidity. Its adaptive interest rate mechanism ensures funds are not idle and are always seeking the most efficient allocation. For ordinary users, this means more options and more flexible yield paths.