Lista DAO launches veLISTA and veToken governance models, allowing holders to receive a share of protocol revenue
Lista DAO announces the launch of veLISTA and veToken governance models. LISTA is the governance token of LISTA DAO, distributed to users participating in various protocol activities. Users can actively participate in protocol governance by locking LISTA to mint veLISTA (lock-up period is up to 52 weeks), including initiating proposals and voting.
At the same time, users who hold veLISTA are eligible to receive a portion of the agreement income based on the number of positions they hold. Lista DAO's revenue streams include early claim fees from LISTA, lisUSD mining (coming soon) and borrowing fees, and ETH withdrawal fees; Lista DAO's costs include lisUSD staking pool, Risk Buffer Fund, and operating expenses.
Lista DAO says it aims to use LISTA to establish an open and transparent decision-making process, leveraging community governance to drive the operation of LISTA DAO. To achieve this, it will gradually hand over decision-making power to the community, ensuring a fully decentralized and empowered governance model.