In this article, you will learn with TAG about the new project on Megadrop Binance LISTADAO and instructions to participate in Megadrop on Binance!

What is Lista DAO (LISTA)?


Lista DAO is an LSDfi (Liquid Staking Derivatives) protocol built on BNB Chain. It allows users to profit from collateralized crypto assets (such as BNB, ETH, stablecoins) and borrow decentralized stablecoin lisUSD (“Destablecoin”).


At the same time, it also expands the MakerDAO model with a dual token system (lisUSD and LISTA) and provides conversion, collateral, borrowing, and yield farming mechanisms.

The project was renamed from Helio Protocol and was established in 2022 with the goal of becoming the 2nd Maker DAO on the BNB chain. In July 2023, Helio merged with Synclub and launched LSDFi Foundation - the origin of Lista DAO.

At the same time, the project's token was also changed from HELIO to LISTA and the stablecoins were also changed to tokens prefixed with lis. That's why we have the name Lista DAO now.

Instructions for participating in Binance Megadrop

Lista Megadrop detailed information

  • Have token: List (LIST)

  • Maximum supply: 1,000,000,000 LISTA 

  • Megadrop Reward: 100,000,000 LISTA (10%)

  • Initial supply: 230,000,000 LISTA (23%)

  • Hard Cap per user: 800,000 LISTA


Total Points = (BNB Key Points x Web3 Quest Multiplier) + Web3 Quest Rewards

  • Locked BNB Points (based on hourly snapshots during the BNB Locked Products snapshot) = (Average BNB locked for 120 days x 130) + (Average BNB locked for 90 days x 120) + (Average BNB locked for 60 days x 110) + (Average BNB locked for 30 days x 100)

  • Web3 Quest coefficient: 1.5

  • Web3 Quest reward: 1,000

Instructions for participating in Lista Megadrop


To participate in the Megadrop, users need to lock BNB tokens into Binance Simple Earn and/or complete Web3 Quests on Binance Web3 Wallet. Binance notes that BNB Locked Products registration is not required. Users can participate in Megadrop without registering any BNB Locked Products. However, by joining BNB Locked Products, users can maximize rewards. 

When signing up for BNB Locked Products, users receive different scores based on the time of registration. The longer the term, the higher the BNB score. Participants should choose the 120-day mark to receive up to 1.69% APR. Besides, users can receive both Megadrop and launchpool rewards at the same time (if any).


Khóa BNB Locked Products

  • Go to the Binance app on your phone, select More and then select Megadrop.

Look through the list of launched Web3 projects and select Lista.

  • After entering the detailed information page, users carefully read the project's requirements and rules.

  • Scroll down to the Lock BNB section 

  • Register to lock BNB for the appropriate term. 

Complete the Web3 Quest


Users need:

  • Have a Binance Web3 wallet account. Note,  backup wallets created in the new Binance Web3 wallet can participate in the Megadrop, external wallets (like Metamask) imported are not counted. 

  • Prepare BNB to stake and pay gas fees in the Binance Web3 wallet. 

The steps are as follows:

  • Log in to the Binance app, go to the "Exchange" section.

  • Switch to the “Web3” tab.

At the main wallet screen select "Transfer"

  • Select BNB and network "BNB Chain (BEP20)"

  • Select the amount of BNB you want to transfer and click "Transfer".

Note: To be eligible to participate in the campaign, a minimum of 0.01 BNB is required to stake liquidity into slisBNB.

Once the wallet has received funds, users need to convert BNB to slisBNB on Lista DAO.

  • Go to “Discover” and search for “Lista DAO” 

  • Connect your Binance Web3 wallet and click “Stake”.

  • Enter the amount of 0.01 BNB

  • Confirm the transaction and wait for the staking success notification 

After receiving the completion notification, switch to web3 wallet and select Lista DAO in the Megadrop section

  • Scroll down to the Web3 Quest section and select "Start Now" 

  • Wait for the system to connect then select "Verify" to confirm completion

Conclude

Above is the information about the new project on Binance Megadrop, thank you for reading and don't forget to post carefully on TAG's information channels!

#ListaDAO #BNB #Lista #MegadropLista