Binance Announces 2nd Altcoin Selected for Listing Within Megadrop!
Binance, the world's largest cryptocurrency exchange, has announced the second altcoin project within its new token issuance platform Megadrop.
Binance announced on its official website on May 23 that it has selected Lista (LISTA), a decentralized stablecoin and liquidity staking protocol, as its 2nd Megadrop project.
100 million LISTA, having a total supply of 1 billion, will be distributed as rewards within the Megadrop. The initial issued supply of LISTA will be 230 million.
Binance stated that LISTA does not currently have a token and they will list it for the first time. Stating that they will announce when the listing process will begin, Binance also denied allegations that the previously mentioned cryptocurrency was pre-sold.
Investors must stake BNB and/or perform web3 tasks to earn LISTA.
Binance announced that they will be making new announcements regarding the Megadrop amount, web3 mandate, and listing.
Megadrop, similar in structure to Binance's Launchpool platform, includes tasks and airdrops through web3 wallets.
