What is LISA?
LISA is a collaborative protocol created by teams from ALEX, Ryder’s Fast Pool, and Xverse Pool, enhancing the liquid staking process for STX. It allows users to stake any amount of STX, earn rewards, and engage in various DeFi activities like trading, lending, and borrowing without locking up their assets. Mirroring the Lido model for ETH, LISA adapts it for the Stacks ecosystem, offering greater capital efficiency by permitting continual access to staked assets.
LISA uses rebase tokens, or elastic supply tokens, which adjust their supply dynamically to maintain a stable value, ensuring the wallet balance reflects accurate market conditions. This approach reduces trading slippage and the risk of depegging, pushing the boundaries of liquid staking. Recently, LISA expanded its features by integrating LiALEX to enhance transaction efficiency, further improving the user experience and broadening its DeFi influence.
What Can I Do in LISA with Leather?
With the Leather wallet, you can fully leverage LISA’s liquid stacking innovations:
Earn STX Yield: Earn rewards while maintaining access to your STX staked assets.
STX and ALEX DeFi: Utilize LiSTX and LiALEX for trading, lending/borrowing and other DeFi activities while your STX are earning yield.
Apps and Tools Related to LISA
Alex
BeFi Labs