Listapie Benefits

How does Listapie benefit Lista DAO?

1. Boost rewards for LISTA holders

LISTA holders have the option to convert their tokens into mLISTA, allowing them to receive rewards for their active participation on Listapie.

2. Reducing the voting barrier

Listapie provides a cost-effective method for acquiring voting rights on Lista DAO, facilitated by the veLISTA accrued by the platform. Users will be able to purchase LTP tokens and lock them on Listapie as vlLTP. This allows users to gain control over the veLISTA accrued by Listapie, thereby having the right to influence the governance of Lista DAO. Also, this approach allows for maximized rewards with shorter lock-up periods.

3. Decreasing LISTA circulating supply

As Listapie focuses on accumulating LISTA tokens and locking them up as veLISTA, it helps decrease the circulating amount of LISTA tokens over time, functioning like a black hole. This can reduce sell pressure in the long term.

Last updated