BINANCE MEGADROP
A platform for launching new tokens with airdrops and Web3 quests - Get early access to top Web3 projects before they list on Binance
Prep up to ditch the complex DeFi interfaces because ๐๐๐๐๐๐๐ just announced their second ๐๐๐๐๐๐๐๐ and it's all about making things easier with
๐๐ข๐ฌ๐ญ๐ ๐๐๐
๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐?
No worries - Iโve got you covered ๐
Imagine a platform that lets you leverage your crypto in a secure, simple and permissionless way - That's the beauty of ๐๐ข๐ฌ๐ญ๐ ๐๐๐
Built on LSDfi technology it lets you stake, liquid stake and even borrow their very own decentralized stablecoin, lisUSD
๐๐๐๐ ๐๐- a decentralized stablecoin? Yoo And Lista DAO has big dreams of making lisUSD the king of all stablecoins
They're achieving this with some innovative liquid staking solutions so keep an eye on this one
So Instead of just holding your crypto you can deposit it as collateral on Lista DAO and earn interest on it
In return You can borrow lisUSD a stablecoin to use for payments or other investments without having to sell your crypto This allows you to keep your crypto holdings while still having access to cash
By providing liquidity to pools on exchanges (farming) you can potentially earn even more rewards
At Lista DAO, users can
โข Lock in BNB as collateral
โข Borrow lisUSD
โข Earn lisUSD through farming
And many more
๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐?
Let's break it down step-by-step
โข ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐
This is the crypto you're willing to lock up for a bit as security for your loan It can be anything from BNB or ETH to fancy liquid staking tokens (LSTs)
Basically any crypto chilling in
your wallet
Let me tell you how to
Okay so On the borrow click the + button under My Collateral to deposit $BNB
Now On the next page enter the amount of your selected asset you want and click Proceed
Then Confirm the transaction in MetaMask
After the transaction completes click OKAY to return to the borrow page and view your deposit
ITS THAT EASY ๐
๐๐จ๐ฐ ๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐
โข ๐๐๐๐๐๐ ๐ฅ๐ข๐ฌ๐๐๐
Okay so Here's the magic Using your collateral you can borrow lisUSD Lista's stablecoin pegged to the US dollar Think of it as getting more buying power without selling your existing crypto
The minimum amount to borrow is 15 lisUSD
On the borrow page select Borrow under My Borrowed Funds ~
Next - type in how much lisUSD you want and then click Proceed
After the transaction is done click OKAY to add the borrowed lisUSD to MetaMask by selecting "Add lisUSD to MetaMask," or you can go back to the borrow page to see your borrowed lisUSD
SUPER COOL & EASY PEASY - RIGHT?
๐๐๐ ๐๐๐ ๐๐๐
โข ๐๐๐๐ ๐๐๐๐๐๐๐
This isn't just a borrowing platform - You can also earn staking rewards on the very collateral you put up - Plus there's the potential to earn even more from liquidity pools
~ ๐๐๐๐๐๐ ๐๐๐
My take on ListaDao
Okay so My favorite thing about ListaDao?
Hands down - it's the double-dip with $BNB
Stake your BNB for rewards, THEN use it as collateral to borrow lisUSD - Earning on your BNB while using it too? Now that's what I call DeFi efficiency
PREDICTIONS
I'm MEGA bullish on ListaDao listing on Binance
This "destablecoin" project with lisUSD and its liquid staking for BNB is a gamechanger - Earning on BNB while using it as collateral? That's pure DeFi genius
With this Binance listing - MEGADROP ListaDao has all the potential to be the next big thing in the crypto space
NOW LETโS GET BACK TO THE MEGADROP
HOW TO GET STARTED?
โข Log in to your Binance account
โข Head to the Megadrop section on the Binance App
โข Choose your participation method
~ Lock Up BNB
Subscribe to BNB Locked Products for at least 30 days and maximum of 120 days The longer you lock the higher your score
~ Complete the Web3
Quest
This involves the simple tasks Stake 0.01 BNB in the ListaDAO DApp Don't forget to tap "Verify" before the Quest Period ends to claim your bonus and multiplier
Maximize Your Score
Both methods contribute to your final score The more you participate, either by locking $BNB for longer periods or completing the Web3 Quest the higher your score will be A higher score translates to more free Lista coins ๐ซฑ๐ปโ๐ซฒ๐ผ
Receive Your Rewards
After the program concludes Binance will distribute your Lista coin rewards based on your total score
HOW TO EARN ON LISTA DAO?
Well - Lista offers several ways to grow your crypto
โข LIQUID STAKE YOUR BNB
Turn your BNB into slisBNB which keeps earning you rewards just like regular staking but with added flexibility
Letโs get into the process
โข first Log in to your Binance app and click on the โWalletsโ section - and Go to Web3 as mentioned
Then click on โreceiveโ If uh are transferring funds from your binance account click on โtransfer inโ
Select the $BNB and choose the BNB smart chain (BEP-20) network to transfer your funds through
So now your wallet has been funded with $BNB now Onto the next step - Liquid staking BNB into slisBNB on Lista DAO
โข Go straight to the discover section & Search LISTA DAO in search bar and select it
Then right after this uh will be redirected to Lista DAOโs landing page - Connect your Binance Web3 wallet and click on โStakeโ
Enter the amount of $BNB you want to liquid stake on Lista and don't forget to keep some BNB for gas fees too
Once you confirm the transaction you'll get a notification when your $BNB is successfully liquid staked on Lista DAO
And thatโs it you have completed the task
~ REWARDS CALCULATION
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
โข Locked BNB Score = (Avg 120-day BNB Locked x 130) + (Avg 90-day x 120) + (Avg 60-day x 110) + (Avg 30-day x 100)
โข Web3 Quest Bonus - 1,000
โข Web3 Quest Multiplier - 1.5
Key Dates to Remember
โข Lista Megadrop Period
May 30th, 00:00:00 (UTC) to June 19th, 23:59:59 (UTC)
โข Web3 Quest Period
May 30th - June 19th
โข Rewards Distribution
June 20th, 06:00:00 (UTC)
Keep $BTC & $BNB on spot ๐ซฑ๐ปโ๐ซฒ๐ผ
THE MORE YOU PARTICIPATE - THE MORE FREE LISTA COINS YOU WILL GET
~ Talking about the MEGADROP & LAUNCHPOOL
MEGADROP only uses $BNB Locked Products to register tokens But with Binance Launchpool we have got options Use $BNB Locked Products, BNB Vault or lock directly into Launchpool
More choices for you BOTH ARE SUPER LIT
So Hit the Binance app NOW - get in on the MEGADROP and watch your Lista stack grow - LFG ๐๐ฅ
~ https://x.com/lista_dao/
~ https://linktr.ee/lista_dao