Megadrop madness? Lista's on my radar.

Binance announce the 2nd project on Binance Megadrop - Lista (LISTA), a liquid staking and decentralized stablecoin protocol. Users can start participating in the Lista Megadrop from 2024-05-30 00:00:00 (UTC).
Binance will then list Lista (LISTA) at 2024-06-20 10:00 (UTC) and open trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs. The Seed Tag will be applied to LISTA. Read about Lista (LISTA) in our research report.
Lista Megadrop period
2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-05-30 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period. Web3 Quest 1: “Stake 0.01 BNB in the ListaDAO DApp” (Tutorial)
2024-06-20 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet.
Lista Megadrop details
👉Token name: Lista (LISTA)
👉Max token supply: 1,000,000,000 LISTA
👉Megadrop token rewards: 100,000,000 LISTA (10% of max. token supply)
👉Initial circulating supply: 230,000,000 LISTA (23% of max. token supply)
👉Hard Cap per user: 800,000 LISTA
Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products 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 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000
Guide to joining Lista Megadrop
To participate in Megadrop, users need to lock BNB tokens in Binance Simple Earn and/or complete Web3 Quests on Binance Web3 Wallet. Binance notes that registration for BNB Locked Products is not mandatory. Users can participate in Megadrop without registering for any BNB Locked Products. However, when participating in BNB Locked Products, users can optimize their rewards.
When registering for BNB Locked Products, users receive different points based on the registration time. The longer the duration, the higher the BNB points. Participants should choose a 120-day period to receive an APR of up to 1.69%. Additionally, users can receive both Megadrop rewards and launchpool simultaneously (if available).
Locking BNB Locked Products
👉Access the Binance app on your phone, select More, then choose Megadrop.

👉Review the list of Web3 projects launched and select Lista.
👉After accessing the detailed information page, carefully read the project's requirements and rules.
👉Scroll down to the Lock BNB section.
👉Register for locking BNB according to the suitable term.

Completing Web3 Quests
Users need to:
Have a Binance Web3 Wallet account. Note that only backup wallets created within the new Binance Web3 wallet are eligible to participate in Megadrop; external wallets (such as Metamask) are not counted.
Prepare BNB to cover gas fees within the Binance Web3 Wallet.
The steps are as follows:
👉Log in to the Binance app and go to "Exchange."
👉Switch to the "Web3" tab.

👉On the wallet's main screen, select "Transfer."
👉Choose BNB and the "BNB Chain (BEP20)" network.
👉Select the amount of BNB to transfer and click "Transfer."

Note: To be eligible for campaign participation, a minimum of 0.01 BNB is required for staking liquidity into slisBNB.
Once the wallet receives the funds, users need to convert BNB to slisBNB on the Lista DAO.
👉Go to the "Discover" section and search for "Lista DAO."

👉Connect the Binance Web3 wallet and click "Stake."
👉Enter the quantity of 0.01 BNB.

👉Confirm the transaction and wait for the successful staking notification.
👉After receiving the completion notification, switch to your web3 wallet
👉Select Lista DAO in the Megadrop section.
👉Scroll down to the Web3 Quest section and click "Start Now."
👉Wait for the system to connect, then click "Verify" to confirm completion
What is Lista DAO?
Lista DAO is a DeFi platform providing staking, liquidity staking, safe stablecoin lending solutions, simple, and license-free. The goal of Lista DAO is to become the most widely used protocol by leveraging Proof-of-Stake (PoS) rewards and profit-generating assets.
Lista DAO operates as an open-source liquidity protocol, earning profits from collateralized crypto assets (BNB, ETH, stablecoins, etc.). The project utilizes and expands the MakerDAO model proven for lisUSD - referred to as decentralized, unbiased destablecoin, supported by collateral assets.
LISTA is a utility and governance token widely used on Lista DAO. It is a means of safe exchange and payment among participants on Lista DAO in a decentralized, third-party-independent manner. Users can receive LISTA by participating and interacting with the protocol such as depositing funds, staking, trading, and/or governance participation.
The project notes that LISTA does not represent any equity, ownership, participation, ownership rights, or interests in Lista DAO. The platform does not offer any promises regarding fees, dividends, revenue, profits, or investment returns and is not intended to constitute securities in relevant jurisdictions.
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