Enable LISTA-mLISTA (1% fee tier) ALM gauge from CupcakeHop on BNB Chain

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Overview
Proposal to enable LISTA-mLISTA (1% fee tier) ALM gauge from CupcakeHop on BNB Chain

Background

  • mLISTA refers to “Magpie LISTA”, a liquid version of veLISTA that allows users to earn rewards for their active participation on Listapie.
  • LISTA is the governance token for Lista DAO, which can be locked into veLISTA to enable participation in protocol governance on Snapshot and to earn LISTA emissions and other platform rewards.
  • Cupcake Hop offers cross-chain vaults and portfolio management tools with AI-driven insights for smarter and sweeter investment decisions.

Details
Boost Multiplier and Emission Cap %: 1.00x boost multiplier and 5% emission cap.

Audits:

Token Utility: LISTA allows users to earn rewards and access voting power within Lista DAO.

Volatility: Not pegged asset

Oracles: No oracles used

Control: The LISTA token contract is not upgradable, so it has no owner.

Which address holds the private keys to the Position Manager vault contract?
If it’s a multisig, please indicate: X of Y signers needed for transactions
Address: 0x05cC3CA6E768a68A7f86b09e3ceE754437bd5f12
Signers: Needs 2/5 addresses to sign a transaction

Merit: By whitelisting the LISTA-mLISTA ALM from CupcakeHop, PancakeSwap can potentially attract more TVL and generate trading fees while voters within the ecosystem can earn voting incentives.

Vault Strategy (for Position Managers only):
Strategy: YieldIQ

The YieldIQ strategy is designed to accept only LISTA deposits, with the goal of deepening liquidity for the mLISTA tokens. When users deposit LISTA, it is allocated to a V3 pool paired with mLISTA. This liquidity is positioned below the market price of mLISTA, passively buying and trading these tokens while keeping liquidity providers predominantly long on LISTA, as the vault maintains over 75% of its assets in LISTA. Detailed vault strategy can be found here.

Links:

Socials:

Documentation:

Github:

Any other relevant links: Listapie Blog

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