Not able to assign "list of object with 2 values" to dropdown select options

I have a data variable which reads value from REST API and its a list of objects with 2 properties.

I was hoping that I can assign this to a options list of a dropdown menu since that is also a list of objects with 2 properties. However it says data is incompatible. Below error is clearly misleading or insufficient, What can I do to make it compatible?

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I resolved this by using “Mapping” binding type. Thank you.

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I guess it was the “key” names were mismatching, right?

Yes, the incompatibility error should actually be saying that instead of type mismatch, since type does match

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