TechFlow news, on November 22, LSDfi and CDP solution provider Lista DAO launched a governance vote on the proposal titled "Proposal to Launch Peg Stability Module with lisUSD Savings Rate," which currently has a 100% approval rate and will conclude on November 25.
The proposal includes introducing a Peg Stability Module (PSM) and the lisUSD Savings Rate (LSR), aiming to enhance the price stability of lisUSD and provide stable returns for depositors.
Initially, the PSM will support USDT with a total quota of 5 million lisUSD, and support for FDUSD and USDC will be gradually added based on market demand.
The maximum cap for the PSM is set at 15 million lisUSD. The initial LSR interest rate will be linked to the borrowing rate of lisUSD against BNB with a fixed spread of 1%, and will be adjusted according to market demand.
