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Record sog_st_lisusd
lisUSD/Lista USD
Also recorded as lisUSD, Lista USD, HAY
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- US dollar
- Primary organization
- Lista DAONo additional recorded relationship
- Launch
- 2022-08-19
- Redemption
- Protocol Redemption
- Backing
- Crypto-collateralized
- Stabilization
- Overcollateralized vault
- Last review
- 2026-06-23
- Evidence
- 7 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Lista DAO's overcollateralized USD stablecoin, formerly branded HAY, generated through Maker-derived collateralized debt positions.
| Name | Lista USD |
|---|---|
| Symbol | lisUSD |
| Aliases | lisUSD, Lista USD, HAY |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_lisusd |
| Route slug | lisusd |
| Record confidence | High |
| Last reviewed | 2026-06-23 |
- Name
- Lista USD
- Symbol
- lisUSD
- Aliases
- lisUSD, Lista USD, HAY
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_lisusd- Route slug
lisusd- Record confidence
- High
- Last reviewed
- 2026-06-23
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 7 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 2 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 1 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- DAO Governed
- Primary display organization
- Lista DAO
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Lista DAO | DAO or governance body | Protocol or decentralized system | Decentralized | Protocol operator | Primary display | Not yet recorded | Not yet recorded | Active relationship |
DAO or governance body
Primary displayLista DAO
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Decentralized
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- 1
- Reference methodology
- lisUSD targets one U.S. dollar through overcollateralized Maker-derived vaults, liquidations, fees, and market arbitrage.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral
- Reserve component categories
- Crypto Collateral
- Primary stabilization mechanism
- Overcollateralized vault
- Recorded model description
- Maker Fork Multi Collateral Debt Positions
- Redemption / exit model
- Protocol Redemption
- Valuation source
- Lista mechanics documentation
- Yield / rebase profile
- No recorded change · Accrual: No recorded change
- Classification notes
- Active overcollateralized stablecoin continuing the historical HAY identity under the lisUSD brand.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Protocol-approved collateral in Maker-derived vaultsCrypto Collateral
| Disclosure status | Onchain Protocol Transparency |
|---|---|
| Backing types | Crypto Collateral |
| Summary | lisUSD is generated through Maker-derived collateralized debt positions and backed by protocol-approved crypto collateral locked in smart contracts. |
| As of | 2026-06-15 |
| Profile confidence | High |
- Disclosure status
- Onchain Protocol Transparency
- Backing types
- Crypto Collateral
- Summary
- lisUSD is generated through Maker-derived collateralized debt positions and backed by protocol-approved crypto collateral locked in smart contracts.
- As of
- 2026-06-15
- Profile confidence
- High
| Current status | Protocol Based |
|---|---|
| Settlement asset | Collateral release through lisUSD debt repayment |
| Eligible parties | Vault borrowers and public market participants using supported Lista interfaces. |
| Retail access | Public Protocol or Market Based |
| Institutional access | Public Protocol or Market Based |
| Minimum amount | Protocol and transaction dependent. |
| Fee | Borrowing interest, liquidation penalties, and network costs may apply. |
| Settlement time | Onchain transaction and protocol-state dependent. |
| Regional limits | Front-end and applicable legal restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- Collateral release through lisUSD debt repayment
- Eligible parties
- Vault borrowers and public market participants using supported Lista interfaces.
- Retail access
- Public Protocol or Market Based
- Institutional access
- Public Protocol or Market Based
- Minimum amount
- Protocol and transaction dependent.
- Fee
- Borrowing interest, liquidation penalties, and network costs may apply.
- Settlement time
- Onchain transaction and protocol-state dependent.
- Regional limits
- Front-end and applicable legal restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Lista DAO | Onchain Protocol Transparency | Crypto Collateral | High |
Lista DAO
Not yet recorded- Type
- Onchain Protocol Transparency
- Assets covered
- Crypto Collateral
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BNB Chain | Specific network recorded | BEP-20 | Protocol-native or protocol-supported deployment | Protocol Native Token | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Identifier recorded; verification not recorded | Identifier recorded | 0x0782b6d8c4551b9760e74c0545a9bcd90bdc41e5 | Not yet recorded | Not yet recorded | 0 | Current BNB Chain lisUSD proxy, continuing the former HAY token identity. Historical implementation upgrades and ancillary contract changes remain tracked separately. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Lista mechanics and lisUSD borrowing Published Not yet recorded | Lista DAO | Technical documentation or repository Canonical: Official Repository | Technical primary source | Primary source | Maker Fork, Collateralized Debt, Lisusd Identity, Hay Contract Lineage, Mechanics and Identity | Archive index or wildcard | High |
| Lista lisUSD price stability documentation Published Not yet recorded | Lista DAO | Technical documentation or repository Canonical: Official Repository | Technical primary source | Primary source | Peg Mechanics, Liquidation, Protocol Governance, Peg and Protocol Stability | Archive index or wildcard | High |
| Lista DAO official website Published Not yet recorded | Lista DAO | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Active Protocol, Current Brand, Current Product Status | Archive index or wildcard | High |
| Using Helio Protocol Published 2022-08-23 | Helio Protocol / Lista DAO | Official documentation or product page Canonical: Official Protocol Guide | Subject-controlled source | Primary source | Launch Date, Bnb Chain Mainnet, Hay Identity, Collateralized Borrowing, Mainnet Launch and Hay Borrowing | Archive index or wildcard | High |
| A new chapter — Introducing LISTA DAO Published 2023-11-30 | Lista DAO | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Rebrand Plan, Hay Alias, Lisusd Name, Protocol Continuity, Planned Hay to Lisusd Rebrand | Archive index or wildcard | High |
| Lista is Coming: Product Update Published 2024-02-01 | Lista DAO | Official statement or announcement Canonical: Official Protocol Announcement | Subject-controlled source | Primary source | Rebrand Date, Hay to Lisusd, Helio to Lista, Effective Rebrand Date | Archive index or wildcard | High |
| Lista collateral debt position smart contracts Published Not yet recorded | Lista DAO | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Bnb Chain Contract, Lisusd Token, Hay Contract Lineage, Current Bnb Chain Contract | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Contract and Migration Continuity | The current BNB Chain lisUSD proxy address and HAY-to-lisUSD naming continuity are normalized. Historical proxy implementation upgrades, ancillary contract replacements, and future cross-chain canonical or bridged deployments remain incomplete. | Unknown after review | Low | 2026-06-23 |
Contract and Migration Continuity
The current BNB Chain lisUSD proxy address and HAY-to-lisUSD naming continuity are normalized. Historical proxy implementation upgrades, ancillary contract replacements, and future cross-chain canonical or bridged deployments remain incomplete.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-23
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2022-08-19 | Helio Protocol launches HAY on BNB Chain | Launch and introduction | Launch | Remained active | Not applicable |
| 2024-02-05 | HAY is rebranded as lisUSD | Migration and rebrand | Rebrand | No lifecycle change | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Lista DAODecentralized
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.