On February 26, DeFi protocol ListaDAO announced the launch of Lista Credit, claiming it to be the first on-chain credit lending system designed to provide users with a non-collateralized financing channel. The product allows users to borrow at any time based on cash flow needs, attempting to break through the current DeFi lending model that mainly relies on over-collateralization, opening up new application spaces for on-chain consumer finance, operational financing, and cash flow management scenarios.

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