Risk Architecture Analysis: How Lista Builds a "Buffer" in the DeFi World
The risk control system of Lista DAO adopts a multi-layered defense design, maintaining system robustness while pursuing high capital efficiency. Its core is a dynamic collateral ratio mechanism, which sets differentiated requirements for different asset categories: the minimum collateral ratio for standard assets (such as BNB) is 150%, while innovative zone assets (such as LRT) require a higher collateral ratio. This classified management effectively balances efficiency and safety.
The real-time monitoring system relies on a multi-oracle network, and when it detects abnormal fluctuations in collateral prices, it triggers a two-level response: level one warning prompts users to supplement collateral, and level two risk control automatically suspends trading of problematic assets. During the USDX decoupling event in 2025, this system successfully recovered 2.9 million USD1 through flash loan liquidation, validating the effectiveness of the emergency mechanism.
Governance-level risk control is realized through veLISTA voting for decentralized decision-making. Significant parameter adjustments require community voting to avoid single-point decision risks. For example, the LIP022 proposal authorizes the protocol to enforce liquidation during crises, reflecting governance flexibility. For users, it is recommended to choose blue-chip collateral and maintain a buffer with a collateral ratio of over 200% to minimize individual risk. @ListaDAO
