The Lista DAO, a decentralized lending platform, initiated an emergency vote on its USDX market after experiencing rising borrowing rates and liquidity concerns. This move follows a request by Re7Labs, one of the platform’s vault operators, seeking to prevent further losses through forced liquidations. The proposal aims to activate this mechanism if the market doesn’t stabilize before the vote concludes. Lista DAO is actively working with its vault partners, MEVCapital and Re7Labs, to address the problem after they failed to resolve it despite ongoing discussions. A key concern is that high yields on the platform are based on automated algorithms, not manual adjustments, leading to an instability when market behavior changes rapidly. The voting process for this emergency proposal saw 100% of votes in favor (94.6 million), indicating a strong consensus among community members regarding the need for swift action.