TechFlow news: Lista DAO has announced the addition of Lido Finance's wstETH as a classic collateral category on its platform, enabling users to borrow lisUSD using wstETH. This integration offers users more flexible asset utilization options.
The wstETH collateral parameters include: a minimum collateral ratio of 150%, a borrowing interest rate of 7%, and a minimum deposit amount of 0.1 wstETH.
Users must first bridge their wstETH from the Ethereum network to Binance Smart Chain (BSC), then proceed with the collateral and borrowing operations on the Lista DAO platform.
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