The price of Lista DAO (LISTA) has been up by 15% today. This spike was caused by a key announcement made on the project’s website.
The project announced the AMM module that was created to stabilize listUSD and strengthen the project’s $1 peg.
Doge2014 raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Read Also: Here’s When SEC Rescheduled the Meeting About Ripple as XRP Price Pumps
The project is focused on balancing demand and supply, and it announced it is using a dynamic borrow rate inspired by Curve Finance. The solution will benefit the ecosystem in various ways.
It will continue to adjust supply based on demand, ensure market liquidity, get real-time ListUSD prices through Binance Oracle, and also maintain price stability.
List DAO also announced a CAC S3 update, which started today at UTC+0. The transition into season 3 introduces features and updates that enhance the user’s experience.
This news has created positive sentiment in the ecosystem, causing the price to surge.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
