Everyone is curious about why Lista DAO's lending rates are so competitive. Actually, this is not some marketing gimmick; there is a comprehensive economic model supporting it. Today, I will discuss my observations from several perspectives.

First, the liquidity aspect is handled very ingeniously. By pooling a large amount of assets through liquidity staking, the lending pool has a solid foundation. The scale effect brings cost advantages, and these savings are ultimately reflected in the low interest rates users can enjoy. This logic is actually consistent with the philosophy of traditional banks.

Second, the selection of collateral assets is very particular. Lista mainly accepts mainstream blue-chip assets, which are highly stable and have limited volatility, naturally reducing the risk of liquidation. With controllable risk, there is room to compress interest rates. This prudent risk control philosophy protects all participants in the ecosystem.

Next, regarding product experience, every step has been refined through repeated polishing. There are no complicated designs; the interface is restrained yet efficient, reducing both operational costs and mental burden for users. This simplification indirectly lowers transaction costs.

The underlying security architecture is also worth mentioning. While smart contract security is fundamental, Lista has also implemented a scientific liquidation mechanism. During periods of intense market volatility, this mechanism can stabilize the system and prevent a chain reaction of risks. This systemic risk management approach is indeed impressive.

Finally, ecosystem integration is key. By connecting with multiple high-quality projects, a positive cycle is formed—more diverse user scenarios increase attractiveness, which in turn attracts more users, and funding costs decrease accordingly. This virtuous cycle is the core driver for the platform’s long-term sustainability.