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- 📊 Gate.io Reserves Surpass $10 Billion!
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📆 #Proof of Reserves# report as of January 17th, 2025
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DAO List releases a proposal for voting on the 'Proposal for the introduction of a stable module linked to lisUSD savings Intrerest Rate'
Deep Tide TechFlow News, on November 22, LSDfi and CDP solution Lista DAO released the proposal for voting on the 'Proposal to Launch a Stable Module Linked to lisUSD Savings Interest Rate', with a current approval rate of 100%. The voting will end on November 25.
The proposal includes the introduction of the Pegged Stability Module (PSM) and lisUSD Savings Intrerest Rate (LSR) to enhance the price stability of lisUSD and provide stable returns for deposits.
PSM will initially support USDT, with a total quota of 5 million lisUSD, and will gradually increase support for FDUSD and USDC according to market demand.
PSM's maximum limit is 15 million lisUSD. The initial Intrerest Rate of LSR will be pegged to a fixed interest rate of 1% lower than the borrowing Intrerest Rate of lisUSD to BNB, and will be adjusted according to market demand.