Recently, there has been an interesting phenomenon on the chain—large whale accounts are beginning to massively mint USD1 stablecoins within ListaDAO. This is not just a simple buy operation; the underlying logic is worth pondering.

What exactly is USD1? Many analysts describe it as a "government bond" on the chain—low risk, capable of generating returns, and relatively liquid. This stablecoin ensures value stability through an over-collateralization mechanism, with yields coming from real underlying asset staking rewards, unlike those maintained by infinite issuance for liquidity mining. For large funds seeking stable returns, this design is inherently very attractive.

As a core protocol for liquidity staking and lending on BNB Chain, ListaDAO is precisely the main use case for USD1. The influx of whales minting USD1 is essentially using real funds to vote for this "over-collateralized → stable income" model.

More importantly, this reveals a signal. Whales are not just here to use the product; they are optimistic about the long-term value of LISTA tokens. As governance tokens, LISTA holders can share the dividends from protocol growth. Large holders participate deeply in ecosystem decision-making by holding and staking LISTA, tightly linking their own returns with the project's long-term development. Their continuous buying pressure essentially reflects confidence in the entire ecosystem's prospects.