Exciting news, Binance fans! Get ready for another epic Megadrop opportunity. This time, we're thrilled to introduce Lista Dao, a brand new project with tons of potential. Remember the hugely successful BounceBit Megadrop? Lista Dao is going to be just as amazing!
In that project many users earn rewards through web3 quests and also by staking BNB. The steps are almost similar.
Introducing LISTA DAO
Lista DAO is an open-source DeFi (Decentralized Finance) protocol focused on crypto lending and stablecoins.
It's an open source liquidity protocol and you can easily earn yields.
What Lista Dao is offering to users ?
Earn on Crypto: Deposit your crypto assets (like Bitcoin or Ethereum) on Lista DAO and earn interest on them.
Borrow lisUSD: You can borrow a special stablecoin, lisUSD, by using your crypto as collateral. Think of lisUSD like a digital dollar that holds its value.
Decentralized: Unlike a traditional bank, Lista DAO operates on the blockchain, meaning it's not controlled by any one entity.
Working mechanism of Lista Dao
Lista DAO works a bit like a digital lending circle among crypto holders. Let's see how
Deposit Crypto: You deposit your crypto assets into a pool on Lista DAO.
Earn Interest: The interest you earn comes from others borrowing against the pool of crypto.
Borrow lisUSD: Users can borrow lisUSD, a stablecoin pegged to the US dollar, by putting up their crypto as collateral (like a deposit).
Interest Paid: Borrowers pay interest on their lisUSD loans, which goes back to the pool and generates returns for those who deposited crypto.
SUMMARY
Think of it as a crypto community pool where everyone benefits: lenders earn interest, borrowers get access to stablecoins, and the whole system runs on the secure blockchain.
How to Get Rewarded in LISTA Megadrop
There are two simple ways of getting the tokens let's see in details.
Create Binance account ( KYC is must )
Go to Megadrop section
You can stake BNB ( 120 days staking is preferred )
You can complete web3 quests to earn rewards.
This was a simple run down of steps through which you can earn reward.
Locking of BNB
First open the Binance app and find Megadrop section.
Click open and go to Subscribe
After that choose the amount of $BNB you want to lock. More BNB more rewards.
The longer you commit to locking your BNB, the sweeter the rewards! You'll earn progressively higher rewards the longer you choose to lock your BNB tokens.
Alright, we've covered locking BNB for rewards. Now, let's explore another exciting way to earn tokens: Web3 Quests!
Web3 Quests ( Tasks )
To solve web3 quests you must have Binance Web3 wallet and it's back up.
• First of all open your web3 wallet
• After that transfer funds to take part on web3 quests
• Go to Receive and if your funds are in Binance then select Transfer In
• After the arrival of funds ( BNB ) into your Web3 wallet. Go to Discover and open the Dapp of Lista Dao
• As we open the dApp we have to connect the wallet first and then we can stake BNB to proceed further.
• Once you connect your wallet, you'll be able to stake your BNB tokens. The more BNB you stake, the more rewards you'll accumulate, making it a win-win situation.
• After the success of deposit of $BNB your Web3 Quest is completed.
• Now go back to Megadrop section and Verify your task.
Congratulations now you have completed your Web3 quest and you are able to receive the rewards.
Note : Megadrop is a big opportunity to earn so don't be lazy and do simple tasks to get rewarded.
Time Period of Lista Megadrop
Binance Megadrop of Lista Dao is started from 30th May and the end date is 20th June.
Start participation today, rewards are waiting for you.
Total supply of LISTA Dao is 1,000,000,000 $LISTA from which 10% will be distributed as Megadrop rewards.
Important Links
Lista Dao X : https://twitter.com/lista_dao @Lista_Dao
Official Site : https://lista.org/
Tg of Lista Dao : t.me/ListaDAO
