Enable lisUSD/TST (1% fee tier) V3 gauge on BNB Chain

Gauges
1

Overview

This proposal aims to enable the lisUSD/TST V3 gauge on the BNB Chain.

Background

TST is the Test token deployed by BNB on four.meme.

lisUSD is a destablecoin minted through Lista DAO’s Collateral Debt Position mechanism, maintaining a stable value pegged to the US dollar.

The intention behind this proposal is to incentivize liquidity development by bribing LISTA tokens, making it an attractive option for users to provide liquidity through the lisUSD/TST pair.

Details

  1. [Boost Multiplier and Emission Cap % ] :1.00x boost multiplier and 0.5% emission cap

  2. Audits: Audit Reports | Lista Docs

  3. Token Utility
    lisUSD is a decentralized, unbiased, collateral backed destablecoin soft-pegged to the US Dollar. Users who have collateralized their assets via Lista DAO are eligible to take out a loan in lisUSD against their collateral.

  4. Volatility
    As a stablecoin, lisUSD maintains a 1:1 peg with the US dollar and has not experienced significant depegging events. Lista DAO has also launched a Peg Stability Module (PSM) to help stabilise the lisUSD pricing.
    TST, being a meme token, may exhibit typical market volatility associated with cryptocurrencies.

  5. Oracles: No oracles used for lisUSD or TST

  6. Control: lisUSD token contract adopts a timelock mechanism to avoid centralized transactions.

  7. Merit: Enabling the lisUSD/TST gauge on PancakeSwap will enhance liquidity options for users, increase transaction fees for the platform, and improve marketing outreach through enhanced token utility.

Links

  1. Token Address

lisUSD: 0x0782b6d8c4551b9760e74c0545a9bcd90bdc41e5

TST: 0x86bb94ddd16efc8bc58e6b056e8df71d9e666429

  1. Liquidity Pool Address: 0x83cd99940415b882679364269bd785d42b9280ce
  2. Website: https://lista.org/
  3. Socials:
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Thanks for submitting your application!

After our review and internal team discussions, we believe now is not the best time to offer you a gauge. We are genuinely grateful for your timely responses to our questions and efforts in filling out the application.

However, we are keen to re-evaluate your application once such pool gains more traction.

Let us know if you have any comments or questions otherwise let’s revert soon!