Enable mLISTA/LISTA 0.25% Stableswap gauge on BNB Chain

Overview

Proposal to enable mLISTA/LISTA 0.25% Stableswap gauge on BNB Chain

Background

mLISTA is a liquid version of Lista DAO’s veLISTA, developed by Listapie. Users have the option to convert their LISTA into mLISTA through Listapie, enabling them to earn rewards from Lista DAO without the need to lock their mLISTA on Listapie. mLISTA is fungible, and once whitelisted, users will be able to trade mLISTA for LISTA and vice versa via PancakeSwap on BNB Chain.

With the goal of building robust liquidity for the mLISTA-LISTA pair on BNB Chain, Listapie commits to incentivizing the pair through the Cakepie Voting Market. Listapie plans to distribute incentives to voters who support the pool each epoch, aiming to maintain a competitive APR for mLISTA-LISTA liquidity providers and encouraging long-term participation. As part of the Magpie Ecosystem, Listapie looks forward to leveraging the services provided by PancakeSwap and Cakepie, promoting sustainable growth for all parties involved.

Details

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

Audits:

AstraSec audit

Supremacy audit

Token Utility: mLISTA (Magpie LISTA) is minted by converting LISTA on Listapie. It can be staked on the platform to earn rewards from Listapie.

Volatility: Not depegged

Oracles: No oracles used.

Control: The private keys to the contract are controlled by the following 3/6 multisig 0xf433c2A2D6FACeCDd9Edd7B8cE9cEaaB96F41866, where transactions require validation from 3 out of 6 signers.

Merit: New DAO onboarded (TVL, incentives for voters via Cakepie, trading fees, volume)

Links

Token address:

Website: Magpie XYZ

Socials:

X: x.com

Telegram: Telegram: Contact @Official_MagpieMegaDao

Documentation: Listapie Overview | Listapie

Github: Not public

Any other relevant links: https://blog.listapiexyz.io/

2 Likes

Thank you for your application! The Kitchen has enabled the mLISTA/LISTA (0.25% fee tier) stableswap gauges on BNB Chain with 1x boost multiplier and 0.5% emissions cap.

1 Like