Summary

This proposal aims to introduce USD1 as a new collateral option within the Innovation Zone of Lista DAO. USD1, a stablecoin redeemable 1:1 for the US dollar (USD), is issued by World Liberty Financial Inc. (WLFI), a pioneering DeFi protocol and governance platform inspired by the U.S. President Donald J. Trump. WLFI’s USD1 is backed by short-term U.S. government treasuries, USD deposits, and other cash equivalents. By adding USD1 to the list of collateral options, Lista DAO seeks to forge a strategic partnership with WLFI, enabling the platform to explore innovative DeFi strategies and offer more yield opportunities for users from both ecosystems.

Abstract

This proposal requests the addition of USD1 (issued by WLFI) as collateral in the Lista DAO Innovation Zone. This integration not only signifies a strategic partnership with WLFI but also aims to increase liquidity and unlock new DeFi opportunities, benefiting both WLFI and Lista DAO.

Reference

World Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform dedicated to empowering individuals through transparent, accessible, and secure financial solutions. Inspired by the vision of President Donald J. Trump, WLFI seeks to democratize access to DeFi by creating user-friendly tools that bring the benefits of decentralized finance to a broader audience. WLFI plans to be at the forefront of DeFi, offering an intuitive, robust platform that empowers users to participate actively in the financial future.

Website: https://www.worldlibertyfinancial.com/ Twitter: https://x.com/worldlibertyfi Telegram Channel: https://t.me/defiant1s Gold Paper: https://static.worldlibertyfinancial.com/docs/intl/gold-paper.pdf

Integrated Token ticker: $USD1 Contract address: 0x8d0D000Ee44948FC98c9B98A4FA4921476f08B0d

Motivation

Adding USD1 as a collateral option broadens Lista DAO’s DeFi ecosystem through a strategic partnership with WLFI. It also diversifies the collateral assets available to users, enhancing participation and engagement across the platform.

Specifications

Proposed Parameters of USD1

• Minimum Collateralization Ratio (MCR): 110% • Borrow Limit: 5,000,000 lisUSD • Mint Fee: 0% • Borrowing Rate: Dynamic rate • Withdrawal Options: USD1 • Withdrawal Fee: 0% • Minimum Borrow Amount: 15 lisUSD • Minimum Collateral Deposit: 100 USD1

Benefits (Pros)

1. Ecosystem Expansion: Facilitates strategic partnership with WLFI, further strengthening Lista DAO’s DeFi ecosystem.
2. Liquidity Preservation: Enables users to develop more yield strategies while maintaining liquidity through lisUSD.
3. Enhanced Utility: Adds another collateral option, increasing the utility of lisUSD across the DeFi space.

Voting

Yes: Approves the addition of USD1 as a collateral in the Innovation Zone, based on the proposed parameters. No: Rejects this proposal, preventing USD1 from being introduced to the Lista DAO Innovation Zone.