Leading cryptocurrency exchange Binance revealed that its token issuance platform, Binance Megadrop, will introduce a liquid and decentralized stablecoin staking protocol, list (LISTA), marking the second project to launch on the platform. Individuals who subscribe to BNB locked products or fulfill project-specific tasks in Binance Web3 Wallet will have the opportunity to gain early access to Lista airdrop rewards.

The total supply of LISTA tokens is set at 1 billion, with an initial circulation of 230 million, representing 23% of the total supply. Megadrop's total incentives reach 100 million tokens, which accounts for 10% of the supply. Binance will list LISTA on cryptocurrency exchanges following the completion of the Megadrop, while details regarding the listing plans will be announced separately.

To participate, users are encouraged to use an active Binance Web3 wallet to subscribe to BNB Locked Products on Binance Simple Earn. This will allow them to score. Alternatively, they can complete Web3 Quest-defined tasks to earn scores and receive score multipliers in the Megadrop section of the Binance app.

Binance Megadrop integrates the exchange's Simple Earn feature with Web3 Wallet, transforming the airdrop process. The new platform offers users early access to a selection of Web3 projects before they are officially listed on cryptocurrency exchanges.

What is Lista and LISTA Token?

DAO List operates as an open source liquidity protocol, allowing users to earn yields on collateralized cryptocurrency assets such as BNB, ETH, and stablecoins, among other cryptocurrencies. It also enables decentralized lending of the stablecoin, lisUSD. The protocol uses a dual token model, consisting of lisUSD and LISTA, along with mechanisms for instant conversion, asset collateral, lending, and yield farming. Originally originating from the BNB Chain ecosystem, Lista DAO plans to expand to several blockchains in the near future.

LISTA is a native, cryptographically secure Lista DAO token, used for governance and utility functions. Additionally, this token offers economic incentives to encourage user contribution and participation in the Lista DAO ecosystem.

This token is compatible with BEP-20 and ERC-20 standards. Additionally, it functions as a medium of exchange, where users can swap or place them in farming pools on decentralized exchanges (DEX) according to their preferences. This allows them to maximize capital efficiency, obtain loans, and/or increase their yields.

Period List Megadrop:

  • 30-05-2024 00:00:00 (UTC) hingga 19-06-2024 23:59:59 (UTC)

BNB Locked Product Snapshot Period:

  • To maximize their BNB Locked Score, users can start locking their BNB in ​​the BNB Locked Product before 2024-05-30 00:00:00 (UTC), as an hourly snapshot of the number of user subscriptions will be taken during this period. For more information regarding BNB Locked Products, see the FAQ.

Web3 Search Period:

  • Users can complete Web3 Quests during the Quest Period.

  • Web3 Quest 1: "Stake 0.01 BNB of ListaDAO DApp"

  • Reward Distribution 2024-06-20 06:00:00 (UTC): Users can view their Megadrop rewards in the Binance Spot Wallet.

Megadrop List Details:

  • Token Name: List (LISTA)

  • Max Token Supply: 1,000,000,000 REGISTER

  • Megadrop Token Prize: 100,000,000 LISTA (10% of max token supply)

  • Initial Circulation Supply: 230,000,000 LISTA (23% of max token supply)

  • User Eligibility: KYC is required in eligible jurisdictions

  • Hard Limit per User: 800,000 LISTA

Reward Calculation: Total Score = (BNB Locked Score * Web3 Quest Multiplier) Web3 Quest Bonus

  • BNB Locked Score (based on hourly snapshots during the BNB Locked Product Snapshot Period) = (Average 120-day BNB Locked Amount * 130) (Average 90-day BNB Locked Amount * 120) (Average 60-day BNB Locked Amount * 110) (Average 30-day BNB Locked Amount * 100)

  • Web3 Search Multiplier: 1.5

  • Web3 Search Bonus: 1,000

How to Join Binance Megadrop:

  • Log in to your Binance account.

  • Subscribe to BNB Locked Products and/or complete all specified Web3 Quests via Megadrop on the Binance App to earn scores. To complete Web3 Missions, make sure you have at least one active Binance Web3 Wallet. Create your first Web3 Wallet now if you haven't already.

  • After completing all specified Web3 Quests, tap the [Verify] button on the Megadrop project page before the Quest Period ends to successfully get the Web3 Quest Bonus and Web3 Quest Multiplier.

  • Receive Megadrop rewards based on your Total Score.

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