mLISTA refers to "Magpie LISTA", is a liquid version of veLISTA that allows users to earn rewards for active user engagement on Listapie. LISTA holders can convert their tokens into mLISTA at 1:1 ratio on Listapie to earn boosted APR.
Listapie takes all converted LISTA tokens and locks them on Lista DAO in order to acquire veLISTA.
The process of permanently removing tokens from circulation is known as 'blackholing' and cannot be reversed. mLISTA cannot be converted back to LISTA. mLISTA holders have the option to exchange their tokens to LISTA on the secondary market.
### Staking mLISTA:
Stake mLISTA on Listapie to earn active engagement rewards.
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