Lista DAO, an open-source liquidity platform that offers profits through collateralized cryptocurrencies, has announced a new partnership with Ether.fi, a non-custodial, decentralized liquid staking platform for Ethereum. This collaboration marks the entry of Lista DAO into the realm of Restaking and Liquid Restaking Tokens.
As part of the collaboration, Lista DAO will leverage the capabilities of Ether.fi and integrate its weETH and LRT into its latest innovation zone. This integration will enable the use of weETH as one of the collateral options for borrowing lisUSD. Lista DAO aims to provide enhanced benefits for depositors compared to traditional financial incentives.
Depositors can earn rewards through a dynamic triple-reward system. This system takes into account Eigenlayer points, Ether.fi points, and Lista stardust, providing three-in-one airdrop points to increase value and promote engagement and participation. Various incentives will be offered to encourage user involvement.
Ether.fi’s non-custodial staking platform allows stakers to have control over their keys. Additionally, Ether.fi offers a marketplace for node services, allowing node operators and stakers to enroll nodes for infrastructure services. Consumers can also bridge their weETH tokens to Binance Smart Chain (BSC) through the Stargate Finance portal.
In this process, users need to open the Stargate Finance portal and access the “Transfer” section. They can then link their wallet and select weETH in the “From” section and weETH on the BNB chain in the “To” section. After inputting the desired amount for bridging, the transfer can be completed through the wallet.
As part of this partnership, Ether.fi is offering a 3x boost in points for depositing weETH. Lista DAO emphasizes that this collaboration is focused on expanding its ecosystem and providing innovative investment opportunities for users. It also encourages user participation in protocol development and assures the community of its commitment to such endeavors.
Tags: ETH
