The airdrop will start at 5pm today and will be launched on Binance at 6pm on June 20. If you have participated in staking before, please check whether you have airdropped: https://lista.org/airdrop

Based on the background analysis of why Yijie is optimistic about stablecoins: As the leader of stablecoins and staking protocols on BSC, after receiving the $LISTA airdrop: should you sell it and when should you sell it, or should you add more positions and when should you add more positions?

1. Why did Binance’s top female investor support the stablecoin sector in the AMA?

In order to figure out where the hot money will flow to in the next period of time and where the venue is the safest, we need to look at Binance’s business classification.

Binance has been doing these three things for the past seven years: gaining more traffic through branding, improving more trading scenarios, and increasing the efficiency of traffic monetization while strengthening the brand.

We can divide Binance's business architecture into three structures, all of which will ultimately serve transactions. Transactions are like fast-moving consumer goods, where traffic is everything:

Brand building business: incubator Binance labs, BSC Ecosystem Fund, Binance Research Institute;

Traffic expansion business: Listing, BSC ecosystem, external media, wallet, Binance Academy, Plaza;

· Trading scenario business: CEX, DEX, derivatives, Binance Treasure, lending, NFT platform, Launchpad, Launchpool, Megadrop, stablecoins All of the above business segments have developed very well, especially in terms of brand and traffic building, which has a strong reference effect on many sister institutions. However, from the perspective of infrastructure, BNB Chain has not yet formed a commercial closed loop and is still catching up with Ethereum.

The on-chain ecosystem changes very quickly, and the phenomenon of one-wave flow has always existed. But no matter how the Web3 industry develops, project owners and users must realize their assets, and realization cannot be separated from stablecoins, which is closely related to all Web3 users.

Therefore, institutions believe that stablecoins are a market with more than 100 million users and an important revenue-generating market.

BNB Chain has been developing stablecoin projects, such as:

GrizzlyFi$GNHY, started with a stablecoin mining machine gun pool, and later plans to build a stablecoin exchange and issuance center based on this;

Pancake IFO project Wombat, preparing to be a cruve on BSC;

ListaDAO, combining Maker Dao’s overcollateralization and algorithmic stablecoin’s rebase mechanism, is preparing to create a new stablecoin.

Of the three projects mentioned above, only ListaDAO has not yet been listed. If the stablecoin on BSC can succeed, then BNB Chain will gradually build its own central bank like Ethereum. By then, BSC will be able to compete with Solana, and traffic and transactions will naturally come.

2. About ListaDAOLista DAO

It is a hybrid algorithmic stablecoin built according to Maker DAO on the BSC chain. Unlike Maker DAO, Lista DAO increases liquidity staking (Liquid Staking) and the liquidity of liquidity providers (LP) on decentralized exchanges (DEX), avoiding the problem of fund freezing (fiat currency support) or value loss (algorithm) due to price instability, which helps to enhance capital efficiency and reduce the risk of fund freezing.

1. ListaDAO includes two tokens:

lisUSD (stable currency)

LISTA (platform currency, this is the one that will be listed)

2. LISTA is the governance token of Lista DAO and is used for the following functions:

Governance: LISTA token holders can vote on governance decisions of the protocol.

Protocol Incentives: When users borrow lisUSD with collateral or perform liquidity mining in the lisUSD and slisBNB pools, they can receive LISTA tokens as rewards.

Voting: Users can lock their LISTA tokens into veLISTA and vote for the collateral they want to use to mint lisUSD and the liquidity pools they want to receive higher LISTA token emissions.

Fee Sharing: Users who lock LISTA for veLISTA will also be eligible for fee sharing.

Token Economics and Price Estimates

$LISTA total 1 billion, initial circulation 230 million (23% of total tokens)

Binance Megadrop quota: 100 million

Airdrop amount: 100 million

Other releases: 30 million

According to historical data, the FDV of the project initially launched on Binance is $300 million, and it is expected that the initial price of $LISTA should be 0.3u/coin. The current over-the-counter transaction price is 0.58u/coin.

Take $ENA, a stablecoin project launched on Binance in the first half of the year, for example. The total amount was 15 billion, the initial circulation was 1.425 billion, and the over-the-counter transaction price was 0.675u at that time. After Binance launched it, it was not only not broken by the airdrop, but also rose against the trend, reaching a maximum of 1.48u (FDV reached 22.2 billion, MC reached 2.1 billion), an increase of 119% compared with the over-the-counter price.

According to the current popularity, $LISTA’s MC should be able to reach more than 100-300 million US dollars, and the listing price should be between 0.43-1.5u.

If the coins you have are from airdrops, you can wait and see if there are any high points later. This is a project supported by Binance and is an important part of building a central bank on the BNB Chain.

PS: In addition to Binance, $LISTA will also be launched on Bitget, Mexc, and Kucoin