LISTA to Empower Users with veLISTA Governance Token Distribution

IconCryptoNewsTerminal Staff24 Jul, 2024

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LISTA to Empower Users with veLISTA Governance Token Distribution

LISTA, the liquidity staking and decentralized stablecoin protocol, has announced its governance model through a recent Medium blog post. This model empowers LISTA token holders with veLISTA governance tokens through the lockup of their LISTA tokens within the protocol. By holding veLISTA tokens, users gain the authority to distribute protocol revenues, ensuring their active participation in the LISTA ecosystem's governance. This move towards decentralized governance aligns with LISTA's commitment to community involvement and transparency.