The new coin listing will be launched on the Binance exchange at 6 pm tomorrow.
What kind of token is this?
The total issuance of LISTA tokens is 1 billion, with an initial circulation of 230 million. Issuance on the Megadrop platform was 100 million (accounting for 43% of initial circulation). Users can participate in mining by locking BNB.
In May, due to the “high FDV + low circulation” controversy, after Binance adjusted its currency listing policy, Lista was the first project it chose to list.
Whether this will be a slap in the face depends on the strength of this project. However, the project has received a US$10 million investment from Binance Labs.
Lista DAO is an open source liquidity protocol that allows users to earn income by staking crypto assets such as BNB, ETH and stablecoins. It also enables decentralized lisUSD stablecoin lending. The protocol features a dual token model, including lisUSD and LISTA, along with mechanisms for instant conversion, asset staking, lending, and yield farming. Lista DAO is initially a native product of the BNB Chain ecosystem, with plans to expand to multiple blockchains in the near future.
LISTA is Lista DAO's native cryptographically secure fungible token, used for governance and utility functions. Additionally, the token provides financial incentives to encourage users to contribute and participate in the Lista DAO ecosystem.
This token is compatible with BEP-20 and ERC-20 standards. Additionally, it acts as a medium of exchange and users can trade it or put it into farming pools on decentralized exchanges (DEX) according to their preferences. This allows them to maximize capital efficiency, obtain loans and/or increase revenue.
The current off-site price is 0.5U, and may be slightly higher if listed on Binance. Estimated to be around 0.8U.
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