Gate News reports that on March 30, Lista DAO released the LIP 024 proposal, which aims to introduce the LISTA token economic model 2.0, gradually phasing out the veLISTA mechanism and expanding the application of LISTA throughout the protocol. The voting period for this proposal is from March 30 to April 2.
Key changes include: 1) The elimination of the veLISTA mechanism, with all staked veLISTA being unlocked without any penalties, regardless of their original lock duration; 2) Simplified governance, where holding LISTA will qualify one for proposal voting, and the liquidity provider (LP) pool voting mechanism will be gradually removed; 3) Replacing profit sharing with LISTA buybacks, with fees previously allocated to veLISTA stakers being repurposed to fund protocol development, user benefits, and LISTA buybacks; 4) Expanding the usage of LISTA tokens, with the first new product feature “Delayed Liquidation” set to launch in the second quarter of 2026.
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