2026-01-07 10:22:18

In the crypto world, the biggest fear is liquidity exhaustion. In the past, if anyone dared to advise me to lock my coins for a year, I would definitely think they just wanted to see me cut my losses. The market changes in a thousand ways; 52 weeks may seem long or short, and missing any wave of market movement can lead to huge losses.

But recently, I made a "crazy" decision — to put all the LISTA tokens I mined into the ListaDAO governance contract to convert them into veLISTA. Some say I’ve been brainwashed. Actually, no. I was completely attracted by that "real profit."

**Locking is not just about locking; it’s about the buying and selling of power**

Ordinary token locking is just about eating some inflation. But veLISTA operates on a different logic. When you lock your tokens, you get more than just dividend rights — you also gain voting rights. That’s the key.

The ListaDAO ecosystem is filled with liquidity pools. Pools like lisUSD/USDT, slisBNB/BNB, each want to earn more token rewards (Emissions) from the protocol. How are these rewards allocated? It all depends on the decisions of us veLISTA holders.

As a result, project teams, DEXs, and big players needing liquidity started actively approaching us. Their goal is simple — to spend real money to "bribe" us into voting for their pools.

**Every two weeks, I hold a vote, and I become a "rent collector"**

Voting happens every 14 days. Bribes come from all directions. I give my vote to whoever offers the biggest sweetener. This additional income is completely separate from the protocol’s own dividends. No need to wait for the coin price to rise — this is real cash flow.

Looking at it from another angle — I was originally a "powerless" liquidity provider, and now I’ve become a resource allocator. The lock-up period? Compared to the annualized returns of other DeFi projects, this calculation is worth considering.

LISTA5,2%

BNB2,97%

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MondayYoloFridayCry

· 01-08 18:20

Wow, this is the taste of power. Love it.

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gaslight_gasfeez

· 01-07 10:42

Wait a minute, isn't this just veToken's old routine, just a rebrand? --- Wow, are there really people relying on voting bribery to make a living? I didn't think of that. --- Locking for a year to earn some Bribe, isn't the risk worth it, brother? --- Uh... so basically it's still about betting on ecosystem vitality? This logic is a bit floating. --- Moving Curve's old tricks to the BNB chain, how long can the freshness last? --- I have to say, collecting rent feels more solid than just holding tokens and waiting for prices to rise. --- The key question is whether this DAO can survive or not. How long Bribe can be sustained is the real issue. --- Being blinded by cash flow, sometimes running away is faster than the token price dropping. --- This model sounds great, but what do you think about the concentration of voting power among big players? --- So I have to keep an eye on the Bribe market all the time, too exhausting, not interested.

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ETHReserveBank

· 01-07 10:31

Oh my god, is this really true? Is this kind of羊毛 harvesting considered a violation? --- Wait, this is the essence of veToken economics. No wonder Curve makes so much money. --- Sounds good, but I’m still hesitant. What if the DAO gets hacked? --- Basically, it’s about monetizing governance rights. This trick has been played by Balancer before. It’s effective but not without risks. --- Getting rent every two weeks? How many veLISTA would I need to survive? I definitely don’t have enough. --- Last year I was criticizing lock-ups, and now it’s really popular. People in the crypto world are so predictable. --- The question is, can Bribe be stable? It’s not like someone will be "bribing" every round, right? --- I just want to know where this money ultimately flows. It seems like someone is always losing money. --- Power trading is just like this. Those who participated early really made a profit. --- Actual returns ≠ sustainable returns. Be careful of the bagholders.

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FarmHopper

· 01-07 10:28

Damn, this is the right way in the crypto world. Earning rent is way more comfortable than mining. --- The veLISTA approach is truly excellent. Selling voting rights to the highest bidder, I'm also considering going all in. --- Locking for a year sounds crazy, but if bribes keep coming every two weeks, then it's not locking but printing money. --- Basically, it's about understanding the bargaining power of liquidity. The previous LP was just a meat grinder for retail investors. --- The term "real yield" sounds so satisfying. Much better than watching K-line charts and having your mood explode. --- The design of ListaDAO is a bit shady, but it's really clever. Transferring power to large token holders is a common DeFi operation. --- Voting every two weeks and automatically earning rent—there's something here, brother.

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NFTRegretDiary

· 01-07 10:23

Wow, isn't this just the monetization of voting rights? It should have been played like this a long time ago. I'm really confused by the bribe ecosystem—having votes is like having a father. This rent-seeking model sounds comfortable, but I'm worried that if the voting mechanism changes one day, it'll be game over. Alright, I'll consider getting on board, but I'll wait and see if there's a rug pull.

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