To talk about the changes in the BNB ecosystem over the past two years, the core transformation lies in the process of assets moving from "dormant" to "activated."

Imagine, what was the previous dilemma? When you stake BNB to maintain the network or participate in mining, that money gets locked up. Security and liquidity become a dilemma, forcing users to choose between returns and flexibility. This issue has long been a bottleneck for the expansion of the BNB ecosystem.

The emergence of Lista DAO has changed this situation. Its launched product, slisBNB, essentially "activates" the staked BNB. Users holding slisBNB can enjoy the original BNB appreciation and ecosystem benefits, while also using this certificate across the entire DeFi ecosystem.

How successful is this innovation based on data? According to on-chain statistics at the end of 2025, the number of addresses holding slisBNB increased by 140% over one year. In mainstream lending protocols on BNB Chain, the collateral ratio of slisBNB has stabilized in the top three positions. This is not a small-scale growth; it is a truly market-recognized, large-scale application.

Why do so many people choose slisBNB? Because it allows one amount of money to do two jobs. While your BNB earns staking rewards, the slisBNB certificate can continue generating income within various DeFi protocols. Lending, liquidity mining, derivatives strategies—every earning opportunity is open.

What does this mechanism mean for the BNB ecosystem? It means that the capital originally locked in staking contracts now becomes a flowing productivity. DeFi projects within the ecosystem gain more available collateral, users gain more flexible asset allocation options, and the overall system's efficiency is elevated by an order of magnitude.

From a certain perspective, Lista DAO is not just solving a technical problem; it is redefining the role of BNB in the ecosystem—from passive collateral to active production tool.