We’re excited to announce that Lista DAO — a leading liquid staking solution and Collateralized Debt Position (CDP) protocol on BNB Chain — has upgraded from Redstone to the Chainlink standard for verifiable market data on BNB Chain mainnet. By integrating the Chainlink Price Feeds, Lista DAO can now access reliable, tamper-proof data to support its largest market, BNB-USD with $180M in TVL, as well as to ensure secure markets around lisUSD.

We chose Chainlink as our preferred oracle solution because its infrastructure is seamless to integrate and time-tested in production. As the most widely adopted market data standard in Web3, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

Lista DAO provides an innovative liquid staking solution and a collateralized debt position (CDP) protocol, where users can borrow the stablecoin, lisUSD, against various collateral options. Backed by Binance Labs, Lista DAO is working to become a cornerstone of the DeFi ecosystem. Through its continuous development and innovative features, Lista DAO meets the evolving needs of users while ensuring full transparency in its processes and decision-making. The platform upholds the highest security standards, conducting regular audits to protect the integrity and safety of user funds. Lista DAO’s CDP system enables users to lock diverse collateral types and mint lisUSD, offering a secure way to leverage assets. Lista DAO’s liquid staking mechanism allows users to stake BNB, earn rewards, and maintain liquidity, enhancing the user experience within the DeFi ecosystem.

In order to help enable secure markets, we needed access to fresh asset prices that are supplied directly onchain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, we needed to make use of an oracle network to fetch aggregated market data offchain and deliver it onchain to be consumed by our application.

After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:

• High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to market data that’s aggregated from hundreds of exchanges, weighted by liquidity depth, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.

• Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.

• Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.

• Transparency — Robust, publicly available reputation frameworks and onchain monitoring tools allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

“Upgrading to the Chainlink standard for verifiable data was an obvious choice because Chainlink offers the most secure and reliable infrastructure. Integrating Chainlink Price Feeds will significantly enhance security and provide the reliable market data needed to support robust markets.” — Terry, co-founder of Lista DAO

Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $17 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.

Lista DAO, a decentralized autonomous organization, functions as the leading liquid staking solution for BNB and a Collateralized Debt Position (CDP) protocol where users can borrow our stablecoin, lisUSD, against a variety of collateral options. Lista DAO is also an innovative protocol bridging the gap between CeFi BNB and DeFi BNB where users are able to join Binance launchpool rewards while their assets are onchain. Learn more by visiting lista.org

We’re excited to announce that Lista DAO — a leading liquid staking solution and Collateralized Debt Position (CDP) protocol on BNB Chain — has upgraded from Redstone to the Chainlink standard for verifiable market data on BNB Chain mainnet. By integrating the Chainlink Price Feeds, Lista DAO can now access reliable, tamper-proof data to support its largest market, BNB-USD with $180M in TVL, as well as to ensure secure markets around lisUSD.

We chose Chainlink as our preferred oracle solution because its infrastructure is seamless to integrate and time-tested in production. As the most widely adopted market data standard in Web3, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

Lista DAO provides an innovative liquid staking solution and a collateralized debt position (CDP) protocol, where users can borrow the stablecoin, lisUSD, against various collateral options. Backed by Binance Labs, Lista DAO is working to become a cornerstone of the DeFi ecosystem. Through its continuous development and innovative features, Lista DAO meets the evolving needs of users while ensuring full transparency in its processes and decision-making. The platform upholds the highest security standards, conducting regular audits to protect the integrity and safety of user funds. Lista DAO’s CDP system enables users to lock diverse collateral types and mint lisUSD, offering a secure way to leverage assets. Lista DAO’s liquid staking mechanism allows users to stake BNB, earn rewards, and maintain liquidity, enhancing the user experience within the DeFi ecosystem.

In order to help enable secure markets, we needed access to fresh asset prices that are supplied directly onchain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, we needed to make use of an oracle network to fetch aggregated market data offchain and deliver it onchain to be consumed by our application.

After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:

• High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to market data that’s aggregated from hundreds of exchanges, weighted by liquidity depth, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.

• Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.

• Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.

• Transparency — Robust, publicly available reputation frameworks and onchain monitoring tools allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

“Upgrading to the Chainlink standard for verifiable data was an obvious choice because Chainlink offers the most secure and reliable infrastructure. Integrating Chainlink Price Feeds will significantly enhance security and provide the reliable market data needed to support robust markets.” — Terry, co-founder of Lista DAO

Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $17 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.

Lista DAO, a decentralized autonomous organization, functions as the leading liquid staking solution for BNB and a Collateralized Debt Position (CDP) protocol where users can borrow our stablecoin, lisUSD, against a variety of collateral options. Lista DAO is also an innovative protocol bridging the gap between CeFi BNB and DeFi BNB where users are able to join Binance launchpool rewards while their assets are onchain. Learn more by visiting lista.org