Get to know LISAR - What it is, Why we're building it, and Our goal

Hey @Karolak, thanks for weighing in your opinion!

Like mentioned earlier, we’re building LISAR primarily for non crypto users, normal folks who aren’t familiar with DEXs or CEXs and can’t navigate the current crypto complexity but want to earn yields. Although LISAR still serves everyone (crypto native or not).

For your concerns about sending fiat to a third party in Africa - LISAR is non-custodial, we don’t hold user funds at any point. The flow is straightforward: user’s fiat balance goes through Onramper.com (a leading onramp/offramp service trusted by Bitcoin.com, Bitget.com, Coinbase Wallet, Solflare.com, Gate.io and many others) directly to their deposit address, then to Livepeer orchestrators. For withdrawals, it’s the same route back to their bank accounts.

LISAR already covers LPT > FIAT in a way (withdrawals), but down the road in our roadmap we might integrate this as a standalone service. Would be interesting to see how that develops

1 Like