In the dark forest of DeFi, what is most frightening is not the drop in coin prices, but hacker attacks, especially arbitrage attacks that manipulate oracle prices using flash loans.
Many well-known lending protocols have thus gone to zero overnight. However, careful investors will find that @ListaDAO has not experienced such security incidents since its launch. This is not luck, but because LISTA stands on the shoulders of giants—it is deeply integrated with the Binance oracle.
We need to understand the principles of hacker attacks: hackers usually borrow huge amounts of money on-chain (flash loans) and instantaneously inflate or deflate the price of a certain collateral on a DEX with low liquidity. If the lending protocol directly references the price of this DEX, it will mistakenly believe that the value of the collateral has skyrocketed or plummeted, thus allowing hackers to conduct malicious borrowing or liquidation.
The moat of LISTA lies in its independence from a single on-chain DEX price. Its pricing service is provided by the Binance oracle. As the largest exchange in the world, Binance has the deepest liquidity and the most accurate spot price data. For hackers to manipulate the price of LISTA, they must manipulate the spot price of Binance. This requires hundreds of billions of dollars in capital, which is nearly impossible in reality.
In addition, LISTA has designed multiple circuit breakers and price smoothing mechanisms at the smart contract level. Even if there are abnormal fluctuations in off-chain data, the contract will perform weighted averaging to filter out extreme 'noise prices'. What does this mean for users? It means you won't have your BNB position inexplicably liquidated because a certain on-chain 'dog pool' is breached.
For large holders, capital security is 1, and the yield is the 0 that follows. Without this 1, no matter how high the APY is, it is just a castle in the air. The design thinking of LISTA, which emphasizes risk control and strong reliance, may not seem 'pure' to decentralized purists (because it relies on Binance's data), but in practice, it is the safest and most responsible solution.
Holding $LISTA , what you are investing in is not just a protocol, but a set of bank-level risk control systems that have been tested in practice. In the hacker-ridden Web3 world, this sense of security itself is a huge premium.
