2026-01-08 13:26:25

Recently, I noticed an interesting phenomenon: macro signals are everywhere—inflation, geopolitical conflicts taking turns—and traditional financial markets are swinging like a roller coaster. Most people choose to chase the hot trends during such times, but in fact very few pay attention to one key point—the more chaotic the market, the easier it is for certain undervalued yield models to become apparent.

Today I want to talk about why I think USD1 at this stage is like an overlooked "yield anchor." Many people think of stablecoins as just about lending spreads, as if there's nothing new. But that's just scratching the surface. The real value lies in the details of protocol mechanisms and ecosystem operations.

A quick look at on-chain data reveals that the cost of capital in DeFi has long been mismatched with the real world. Especially during periods of divided market sentiment, on-chain lending rates can spike due to speculative demand, but well-designed protocols can keep borrowing costs firmly anchored at low levels through mechanisms—aren't these price deviations just arbitrage opportunities?

ListaDAO is a prime example. Through a composite model of liquidity staking combined with stablecoin minting, it has established a natural buffer mechanism: even when the market is heated with lending competition, the protocol can still offer borrowing costs far below the market average (currently around 1%). This isn’t achieved through subsidies; it’s determined by the mechanism itself.

From another perspective, what you get isn’t just cheap capital, but a stable financing capability amid volatility. When the market falls into lending competition due to sudden news, you can still deploy funds in an orderly manner at 1% cost. That’s the true advantage.

USD1-0,02%

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WalletManager

· 01-10 06:12

1% lending cost? I need to verify the on-chain data myself, keep a tight hold on the private key first.

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FortuneTeller42

· 01-09 15:29

1% borrowing cost is really not exaggerated, but how long can this mechanism last? 2. It's called a buffer mechanism in a nice way, but in a harsh way, it's just not fully priced in by the market yet. 3. On-chain data changes daily; today's arbitrage opportunity could become a high-position buy-in tomorrow. 4. I just want to know if this "natural buffer" can hold up in extreme market conditions. 5. After all, it's still a gamble that the protocol design is smarter than others. How do you calculate the risk? 6. Stablecoin yields—people care less when they are stable, and truly attractive yields still depend on high APY. 7. ListaDAO's gameplay is indeed innovative, but liquidity staking itself is a double-edged sword. 8. Lending at 1% sounds great, but details like fees and slippage are kept under wraps... 9. Is the market chaos revealing an undervaluation? I see it more as a high-risk window. 10. This idea is basically about locking in costs tightly when volatility is high, right?

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GateUser-40edb63b

· 01-08 22:57

1% cost sounds good, but can it really be locked in? The market is easy to break through when it goes crazy This buffer mechanism sounds fancy, but is it really stable in practice? It sounds good, but ultimately it depends on whether this thing can really hold up Here comes the usual hype, as if every time this protocol is different Mechanism without subsidies sounds impressive, but the Achilles' heel of stablecoins is the coin price Just looking at 1% cost, who has thought about the risks behind it? Arbitrage opportunities? Feels like the risks are even greater These projects tend to go awry after a few months of popularity, history has shown me The liquidity staking approach has been played out long ago, is there any new trick to pull out? Low cost makes me more cautious; where are all these free lunches coming from?

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ParallelChainMaxi

· 01-08 13:55

1% borrowing cost? How stable does the mechanism need to be to achieve that? It can't be maintained solely through subsidies, right? --- Honestly, everyone is just hyping concepts now. Few are truly studying the underlying logic of protocols. --- Price deviation = arbitrage opportunity. This logic is especially evident in a bear market. You need to find protocols with real buffer mechanisms. --- Liquidity staking + stablecoin minting—this combo really has some potential. But how long it can last depends on ecosystem support. --- During market chaos, it's easier to find overlooked profit points. Just worry about discovering them too late. --- USD1? That's the first time I've heard of it. But a 1% borrowing cost is indeed impressive. --- Keeping borrowing costs firmly low is where the true test of protocol design skills lies. --- Arbitrage opportunities are everywhere. The key is who can seize those that aren't supported by subsidies. --- In an era of borrowing competition, a well-planned, orderly approach is much more reliable than chasing after high prices.

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NotAFinancialAdvice

· 01-08 13:50

1% borrowing cost sounds good, but can this logic withstand the next bear market? --- To put it simply, it's still the old trick—find an undervalued place to bet, and gamble that the mechanism won't be broken. History has shown that this betting method can sometimes be quite effective. --- Liquidity staking combined with stablecoin minting? It sounds complicated, but essentially it's just adding another layer of leverage, and the risk also multiplies. --- Can 1% really be maintained? It feels like in the crypto world, such numbers usually mean that a certain part hasn't exploded yet. --- No matter what protocol, the key is still who is using it and for what purpose. If it's all arbitrageurs playing around, then it's a zero-sum game. --- Chaos is indeed an opportunity, but it's also when the traps are most numerous. Things that look easy to arbitrage often backfire the fastest. --- The design of ListaDAO is interesting, but why does it seem like these kinds of projects always fall under the curse of "good for a while and then gg"? --- On-chain interest rates being disconnected from reality is normal, but that doesn't mean the cheapness on the chain can be taken for granted.

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WagmiWarrior

· 01-08 13:48

It's another story about stablecoins, but this time it's a bit different... A 1% borrowing cost sounds outrageous in this crazy market. Wait, are you saying the buffer mechanism means it can stabilize costs even if the market goes haywire? That’s like finding stability in chaos... That makes some sense. But I still want to see ListaDAO's actual on-chain performance; can data really be deceptive?

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AirdropChaser

· 01-08 13:41

Hmm, a 1% borrowing cost sounds good, but can this mechanism really withstand the next wave of collapse?

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MonkeySeeMonkeyDo

· 01-08 13:34

Oh, I’m familiar with this trick. It’s always stablecoins and arbitrage. It feels like every time they say the same thing, but in the end, it’s just to harvest the little guys.

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