Bitget brings Lista Dao (LISTA) on PoolX After Pre-Market - Chainwire

19Jun

Bitget brings Lista Dao (LISTA) on PoolX After Pre-Market

Victoria, Seychelles, June 19th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of Lista Dao’s native tokens LISTA on PoolX platform for stake to mine benefits. Presenting users with the chance to accumulate more tokens prior to its launch. LISTA tokens are available on pre-market for advance order trades. The native token will be listed on Bitget’s PoolX platform for users to stake USDT or BGB to potentially earn LISTA tokens. Deposits for the token are open, trading will be available at 10:00 AM UTC, 20th June 2024.

Lista DAO functions as the open-source decentralized stablecoin lending protocol powered by LSDfi. Users can undergo staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral. Present on the BNB Chain, Lista aims to position lisUSD as the number one stablecoin in crypto space, leveraging innovative liquid staking solutions. The native token LISTA is a transferable representation of attributed governance and utility functions specified in the protocol/code of Lista DAO, and is designed to be an interoperable utility token.

LISTA is a functional multi-utility token which will be used as the medium of exchange between participants on Lista DAO in a decentralised manner. The goal of introducing LISTA is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Lista DAO without any intermediaries.

Lista on PoolX will offer mining pools where token rewards are distributed hourly based on how much participants have staked. Hourly snapshots of staked amounts ensure accurate reward calculations. Each mining pool has its own Annual Percentage Rate (APR), giving users various opportunities to maximize their potential token earnings. Users can redeem their staked tokens at any time, with assets automatically returning to their spot accounts after the mining period ends.

Recently, Bitget listed trending low-cap high potential projects like Ulti Protocol (ULTI), Taiko (TAIKO), and JungleDoge (JUNGLE), Ethermail (ENT), ArtFi (ARTFI) and now ListaDao (LISTA) on PoolX for stake-to-mine benefits.

With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget is now one of the top 10 crypto spot trading platforms with over 900 coins and 1000+ pairs. Bitget continues to lead in the crypto derivatives market, with its Open Interest (OI) indicator surging past $6 billion on May 4, securing a substantial 25% share of the total market. In May, Bitget recorded the highest monthly inflow among all centralized exchanges in May, with 975.4 million dollars in new capital, consolidating its position as industry leader. PoolX’s stake-to-mine service has attracted significant participation with high APR rates since its launch in April 2024.

For more information about LISTA tokens on Poolx, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and many more.