Lista Dao - 2nd Project on Binance Megadrop! Bullish Insights and how to participate
Hey Folks, Lista Dao is the 2nd Project on Binance Megadrop. Let's dive in what's exactly Lista Dao and how to get maximum Rewards from the Megadrop Campaign!
EVERYTHING YOU NEED TO KNOW ABOUT LISTA DAO!
Lista DAO is a BNB liquid staking protocol and decentralized stablecoin platform that enables users to stake their BNB in exchange for the LS token slisBNB. The slisBNB, along with other LSTs, can not only be used in the LPs of various DeFi applications but also as collateral for borrowing the lisUSD stablecoin by providing LSTs as collateral on its platform.
It is powered by the native $LISTA governance token, designed to serve as a main criteria for granting access to the DAO votings.
The platformās contribution to the BNB chain network ecosystem was recognized by Binance Labs, which invested over $10M into the project on August 11th, 2023.
Lista DAO, previously known as Helio protocol, is a BNB liquid staking protocol and decentralized stablecoin, which allows users to earn yield from BNB staking in exchange for the slisBNB token. The slisBNB token is a liquid staking token of the Lista DAO protocol, which can be used in other DeFi LPs across the BNB chain network to earn additional APR, as well as may be used as collateral for lending lisUSD, Listaās decentralized stablecoin.
The minting mechanism of the Lista stablecoin is quite similar to that of MakerDAOās, but unlike the MakerDAO platform, Lista protocol enables depositing collaterals in the form of LSTs such as slisBNB, WBETH, ezETH, and others. This provides the BNB chain with an additional level of liquidity while adding more features to the BNB networkās liquid staking tokens.
After the merge of Helio Money and Synclub on February 6th, 2024, the platform rebranded itself into the List DAO.
šŖ$LISTA token: The entire liquid staking protocol is powered by the governance token $LISTA. Its main role is enabling users to vote on various governance proposals and granting weight to each community member's vote, which directly depends on the amount of tokens staked on the platform.
I'm super hyped about Lista Dao for the following reasons:
š„The concept and design of the product aligns with the current āliquid staking and stakingā trends. It is also of the few startups focused on BNB liquid staking and adding more features to such LSTs;
š„The platform was audited multiple times by the top tier security companies;
š„Strong PR and Growth Marketing performance;
š„Above the average Marketing Infrastructure, SMM and Influencer Marketing score;
š„Binance Labs invested into the project;
š„Presence of the strong network of partners supporting the project;
š„Upcoming Listing of the $LISTA token on the Binance exchange;
š„Experienced leadership team: the BD lead and COO previously worked for Binance.
Take a look also at the bullish Roadmap
The current price on $Lista OTC is around $1! I am expecting multiple X on it's listing on #Binance
Lista Megadrop Details:
šToken Name: Lista (LISTA)
šMax Token Supply: 1,000,000,000 LISTA
šMegadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
šInitial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
š„Start farming $Lista here:
https://www.binance.com/en/megadrop
How to participate in the Megadrop. Full Instructions
Step 1: Go to Earn section
Step 2: Search for BNB. Select 15-120 days
You can choose a fixed lock from 15 to 120 days, the longer the lock, the higher the score coefficient. Of course saying that 120 days will be the best option to maximize your Earnings!
Step 3: Select quantity and click "Confirm" to complete the step of locking BNB on the exchange
šYou can keep your BNB and BTC on Spot and participate.
Reward Mechanism Based on Points
Total Points = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score is based on the amount of BNB locked and the lock duration. The Web3 Quest Multiplier is applied to the Locked BNB Score when all Web3 Quests are completed.
The higher your total points, the greater your rewards.
How is Megadrop Different from Launchpool?
Some key differences between Megadrop and Launchpool include:
šParticipation Method: Megadrop allows users to participate by subscribing to BNB and/or completing Web3 tasks. Binance Launchpool only allows users to participate by subscribing to BNB or designated tokens.
šToken Subscription: Megadrop only utilizes BNB Locked Products for token subscription. Binance Launchpool offers more diversity by allowing users to subscribe to tokens through BNB Locked Products, BNB Vault, or direct staking in Launchpool.
šReward Calculation: Megadrop rewards are based on the amount of BNB locked by users and the duration of lock, combined with the completion of Web3 Quests. Binance Launchpool rewards are based on the volume of subscriptions to Launchpool.
šReward Enhancement: Megadrop allows users to enhance their rewards by completing tasks within the Binance Web3 Wallet. Binance Launchpool does not offer this feature.
HAPPY FARMING š
#ListaMegadrop #Megadrop