Lista DAO Introduces veLISTA and veToken Governance Models to Promote Protocol Revenue Sharing and Community Autonomy
Publication Time:2024-07-24 16:41:09
Lista DAO recently announced the launch of innovative veLISTA and veToken governance models aimed at enhancing the transparency and participation of the platform. LISTA, as the governance token of Lista DAO, will be distributed to users participating in various protocol activities. By locking a certain amount of LISTA tokens, users can mint veLISTA, which can be set for up to 52 weeks, allowing them to actively participate in the protocol's governance process, including proposing motions and voting on critical decision-making aspects. Holders of veLISTA will receive a portion of the protocol-generated income based on their holdings, thus implementing a revenue-sharing mechanism. Lista DAO's income sources include early application fees, upcoming lisUSD mining, borrowing fees, and ETH withdrawal fees. In contrast, the platform's expenses cover the lisUSD staking pool, Risk Buffer Fund, and operational costs. This structure is designed to ensure a balance between income and expenditure while stimulating the enthusiasm of community members. To achieve its goal of establishing an open, transparent decision-making process, Lista DAO is committed to gradually transferring decision-making power to the community, ensuring a fully decentralized and delegated governance model. This move not only enhances user engagement but also reflects Lista DAO's firm commitment to community-driven principles, aiming to drive the continuous development and optimization of Lista DAO through community governance.
Lista DAO
veLISTA
veToken
Community Governance
protocol revenue sharing