DAO List releases "Proposal for Voting on the Suggestion of Launching a Stable Module Linked to lisUSD Savings Interest Rate"
On November 22, LSDfi and CDP solution ListaDAO released a proposal for voting titled "Proposal to Launch a Pegged Stability Module Using lisUSD Savings Rate". The current approval rate is 100%, and the vote will end on November 25. The proposal includes introducing a Pegged Stability Module (PSM) and lisUSD Savings Rate (LSR) to enhance the price stability of lisUSD and provide stable returns for deposits. Initially, PSM will support USDT with a total quota of 5 million lisUSD, gradually increasing support for FDUSD and USDC based on market demand. The maximum limit of PSM is 15 million lisUSD. LSR's initial interest rate will be pegged at 1% below the borrowing rate of lisUSD against BNB, adjusting according to market demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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