what is Lista Dao?
Lista (LISTA) as the second project on its Megadrop platform is indeed significant. As the first platform to list the token, Binance is providing early access to its users through a combination of airdrops and Web3 quests. The focus on liquid staking and decentralized stablecoins adds to the anticipation surrounding LISTA’s launch.
Keep an eye out for further announcements from Binance regarding the Megadrop amount and detailed listing plans. It’s an exciting time for crypto enthusiasts! 🚀 If you have any more questions or need further information, feel free to ask! 😊
Total supply
Notably, the maximum token supply for Lista is set at 1 billion LISTA. Out of this total, 100,000,000 LISTA, which represents 10% of the maximum token supply, will be allocated as Megadrop Token Rewards. The announcement added that, at the time of the launch, the initial circulating supply will be 230,000,000 LISTA, which represents 23% of the maximum token supply.
Functionality of LIST
LISTA serves as a multi-utility token within the Lista DAO ecosystem. Designed for governance functions, it supports various financial activities within the ecosystem, including instant conversions, asset collateralization, borrowing, and yield farming.
Lista DAO operates as an open-source liquidity protocol enabling users to earn yields on collateralized crypto assets such as BNB, ETH, stablecoins, and others. It also facilitates borrowing through its decentralized stablecoin, lisUSD, also known as a “Destablecoin”. The model is inspired by MakerDAO’s system but aims to expand its functionalities.
Binance Megadrop
Binance announced the launch of Binance Megadrop in April this year, with the aim to provide early access to select Web3 projects before their tokens are listed on the Binance Exchange. It focuses on enhancing the token launch experience by integrating Binance Simple Earn and the Binance Web3 Wallet.
To access Binance Megadrop, users need to log in to their Binance account, making sure they have at least one active Binance Web3 Wallet. They can subscribe to BNB Locked Products and/or complete Web3 Quests to get scores that may accumulate over time. These scores will determine the rewards they receive through the Megadrop program.
The listing of LISTA on Binance Megadrop marks a significant milestone for both Binance and the Lista DAO project. The exchange’s innovative Megadrop platform is set to provide its users with exclusive early access to promising Web3 projects.
How can I participate in the LISTA Megadrop on Binance?
Certainly! To participate in the Lista (LISTA) Megadrop on Binance, follow these steps:
Subscribe to BNB Locked Products: Log into your Binance account and subscribe to BNB Locked Products on Binance Simple Earn using your Binance Web3 Wallet. This will help you accrue scores.
Complete Web3 Quests (optional): Head over to the Megadrop section on the Binance App (coming soon) and participate in any available Web3 Quests. Completing these quests will earn you bonus points.
Claim Your Rewards: After the Megadrop concludes, your LISTA rewards will be automatically deposited into your Binance Spot Wallet12.
Remember to stay informed about the official announcements for detailed listing plans and the exact trading start time. Happy participating! 🚀 If you have any more questions, feel free to ask! 😊
Distribution:
Binance Megadrop: 10% of total supply
Airdrop: 10% of total supply
Investors & Advisors: 19% of total supply
Team: 3.5% of total supply
Community: 40% of total supply
DAO Treasury: 8% of total supply
Ecosystem: 9.5% of total supply
