To say the hottest lending protocol on BNB Chain recently, Lista DAO definitely deserves a mention. But what gives it the edge to stand firm in the LSD+CDP track? Simply put, it’s not following the conventional path.

Traditional lending protocols tend to follow a routine—supporting major blue-chip assets like BTC, ETH, BNB, and that’s it. Lista DAO’s approach is different; it builds a complete ecosystem integrating lending, wealth management, and governance. That’s where its core competitive advantage lies.

From the asset side, its layout is indeed ambitious. It not only covers traditional collateral like BTC, ETH, BNB but also pioneers the opening of LSD tokens like slisBNB, pSTAKE as collateral. The clever part is—users can stake these assets to borrow USD1. The benefit here is—original staking rewards are preserved, and the borrowed USD1 can be used for wealth management to earn additional income, effectively earning two profits from the same asset.

Looking at the stablecoin yield segment, high-yield products like PT-USDe and asUSDF are assets users are reluctant to sell. Lista DAO directly supports them as collateral, allowing users to retain the stablecoin’s earnings while gaining liquidity through borrowing. This addresses the real market demand—no one wants to give up existing yields just to gain liquidity.