Unlocking New DeFi Opportunities for BNB Holders

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TheNewsCrypto 14h ago

Unlocking New DeFi Opportunities for BNB Holders - TheNewsCrypto

Quick Summary:

From there, clisBNB can be used to participate in Binance Launchpool events via the Binance Web3 MPC wallet.

Users can visit ListaDAO’s deposit page, where they can deposit their BNB into a Collateralized Debt Position (CDP), and automatically receive clisBNB in return.

Once the underlying BNB is withdrawn, the associated clisBNB is removed from the system to prevent any mismatches in value.clisBNB offers users a unique feature: When depositing BNB into a CDP, they have the option to mint clisBNB to another address.