Lista DAO Calls for Action on DeFi Borrowing Rates, Urging Transparency from MEV Capital and Re7 Labs

The decentralized stablecoin protocol Lista DAO has issued a warning regarding the high borrowing rates affecting USDT and USD1 vaults in various DeFi protocols. According to PANews, these elevated rates are present without any repayment activities despite the collateral assets sUSDX and USDX being held within these vaults. Lista Lending, a peer-to-peer lending platform, is actively engaging with both MEV Capital and Re7 Labs, urging them to take responsibility by making timely decisions, communicating transparently, and collaborating to safeguard user interests and restore market balance. Meanwhile, PancakeSwap has acknowledged the situation, stating their team is closely monitoring developments while advising users to review and monitor their positions within the affected vaults on the platform. The platform will continue providing updates as needed.