Stablecoin record

Lista USD

Lista DAO's overcollateralized USD stablecoin, formerly branded HAY, generated through Maker-derived collateralized debt positions.

LifecycleActive
Events1
Sources3
Overview
SymbollisUSD
Asset classStablecoin
Reference targetFiat
Redemption / exit modelProtocol Redemption
Valuation sourceLista mechanics documentation
Yield / rebase profileNo recorded change · Accrual: No recorded change
Classification notesActive overcollateralized stablecoin continuing the historical HAY identity under the lisUSD brand.
Lifecycle statusActive
Issuance statusProtocol Based
Peg referenceFiat · USD
Backing typesCrypto Collateral
StabilizationOvercollateralized Vault
GovernanceDAO Governed
Primary organizationLista DAO
Primary roleProtocol Operator
Last reviewed2026-06-15
Organizations and roles
OrganizationRoleFromUntilRelationship status
Lista DAOProtocol OperatorActive

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Lista DAO

Decentralized Autonomous Organization · Decentralized

Event history

1 event connected to this stablecoin.

Reserve profile
Disclosure statusOnchain Protocol Transparency
Backing typesCrypto Collateral
SummarylisUSD is generated through Maker-derived collateralized debt positions and backed by protocol-approved crypto collateral locked in smart contracts.
As of2026-06-15
Profile confidenceHigh
Redemption profile
Current statusProtocol Based
Settlement assetCollateral release through lisUSD debt repayment
Eligible partiesVault borrowers and public market participants using supported Lista interfaces.
Retail accessPublic Protocol or Market Based
Institutional accessPublic Protocol or Market Based
Minimum amountProtocol and transaction dependent.
FeeBorrowing interest, liquidation penalties, and network costs may apply.
Settlement timeOnchain transaction and protocol-state dependent.
Regional limitsFront-end and applicable legal restrictions may apply.
Record coverage
SectionEntries
Organizations1
Sources3
Reserve reports1
Regulatory notes0
Deployments1
Issuer-control actions0
Open questions2
Events1
Event timeline
DateEventTypeDetail kindRecovered
HAY continues under the lisUSD brandRebrandedMigration
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
Lista DAOOnchain Protocol TransparencyCrypto CollateralHigh
Regulatory and official notices
DateTitleAuthority / publisherTypeSummary
No regulatory notes have been added yet.
Blockchain deployments
ChainStandardDeploymentStatusFreezeBlacklistControl eventsContractNotes
BNB ChainBEP-20Protocol Native TokenActiveUnknownUnknown0Not yet verifiedNative lisUSD/HAY protocol deployment; exact current token address normalization remains pending.
Sources
SourcePublisherTypeEvidence scopeReliability
Lista mechanics and lisUSD borrowingLista DAOOfficial RepositoryMaker Fork, Collateralized Debt, Lisusd Identity, Hay Contract Lineage, Mechanics and IdentityHigh
Lista lisUSD price stability documentationLista DAOOfficial RepositoryPeg Mechanics, Liquidation, Protocol Governance, Peg and Protocol StabilityHigh
Lista DAO official websiteLista DAOOfficial WebsiteActive Protocol, Current Brand, Current Product StatusHigh
Open questions
TopicWhat remains unclearPriorityLast checked
Exact Hay to Lisusd Rebrand DateThe continuing HAY-to-lisUSD identity is supported, but a single authoritative day-level effective rebrand date is not fixed in the current evidence set.Low2026-06-15
Contract and Migration ContinuityOfficial documentation retains HAY-derived contract names while presenting lisUSD as the current asset; all historical contract replacements and migrations are not yet normalized.Medium2026-06-15