Listapie (LTP)

About Listapie: Listapie is an advanced SubDAO developed by Magpie to enhance the enduring viability of Lista DAO’s CDP and liquid staking services. As a yield and veTokenomics service provider, Listapie’s primary function is to lock LISTA tokens as veLISTA on Lista DAO. This action empowers Listapie to attain superior yields and increased voting power within Lista DAO, delivering exceptional opportunities for LSDfi participants.

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Interest lvl

NA

Updated: Jan 18, 2025

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User Rating

Medium

3/5 • 1 votes

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Ticker

LTP

Type

Utility-token

Token standard

BEP20

Registration year2024

Ecosystems

BNB Chain

What is Listapie

Listapie offers users the opportunity to deposit their assets to earn maximized APR% while it allows Lista DAO voters to cost-effectively acquire voting power and earn rewards for their active participation at the same time through the LTP token.

Listapie gives LISTA holders the chance to earn high APR by converting their tokens into mLISTA. By leveraging the power of Lista DAO's veTokenomics model, Listapie offers users the opportunity to earn more LISTA rewards with their LISTA tokens. Listapie has created mLISTA, a Listapie version of the LISTA token, which allows users to earn increased LISTA rewards for their active user engagement while enjoying increased flexibility through Listapie. This mechanism gives LISTA holders the chance to earn high APR% by converting their tokens into mLISTA at a 1:1 ratio.

When users convert their LISTA tokens on Listapie, they receive mLISTA, which enables them to earn maximized LISTA rewards. Meanwhile, Listapie locks all the converted LISTA as veLISTA on Lista DAO, resulting in the accumulation of veLISTA for Listapie. This veLISTA entitles Listapie to enhanced LISTA rewards and governance benefits on Lista DAO. As a result, Listapie can offer users sustainable, boosted rewards for their participation and cost-effective governance power.