Early warning!
As smart investors, we have to do our own research or the term often used is DYOR (Do Your Own Research) and don't forget to consider the risks in the crypto market.
Don't forget to always use cold money when investing in crypto.
OK, continue. . .
For those of you who missed the first Megadrop of Binance BOUNCE BIT (BB), don't worry, don't worry, this week the second Megadrop from Binance, namely LISTA, is still taking place, this is a LISTA project to introduce and distribute LISTA tokens for free to the Binance community. You can still take part in this Megadrop until June 20 2024. This Megadrop event aims to increase awareness of LISTA and expand the reach of its ecosystem by distributing tokens directly to participating Binance users.
//MEGADROP LIST//
What is a list? lista is a DeFi protocol that allows users to earn rewards from cryptocurrencies and borrow decentralized stablecoins called lisUSD. This protocol is based on the MakerDAO model. ListaDAO runs on the BNB Chain ecosystem network with the aim of expanding to several other blockchains.
How does ListaDAO (LISTA) work?
The essence of ListaDAO is its unique stablecoin, namely lisUSD, unlike other stablecoins, lisUSD is a "destablecoin" which means the stable coin is decentralized and does not aim to achieve price stability but lisUSD allows for fluctuating prices.
//HOW_TO_PARTICIPATE//
How do you join Megadrop? The following is the flow for following Megadrop LISTA that I did, I hope it is easy to understand and follow:
1. Select the Megadrop page then select Megadrop LISTA.
2. The first task is to lock BNB or "lock stacking BNB" with any nominal amount. However, the size of the amount locked affects the total score obtained.
The locked BNB score is calculated based on the average of daily snapshots. So if you want to get the maximum, then increase the number of BNB locked, the length of the lock also affects the multiplier of the amount locked, for example I lock 1 BNB for 30 days, then the score I have is 1 * 100 = 100 points. The number of locks can be seen on the Megadrop page. Don't forget to subscribe for more to get bigger scores. This BNB locking can be done even before the Megadrop event takes place.
3. The second task is to increase the score by stacking liquid with ListaDAO.
Make sure first that the web3 wallet or the one you are going to use has a sufficient amount of BSC network BNB, I personally recommend an amount of 0.012 BNB, with details of 0.01 BNB for staking, and 0.002 for transaction fees. When ready, click on the "Start Now" button.
>> Log in to the Lista DAO DApp >> connect the Binance web3 wallet >> select the stake menu >> enter a nominal value of 0.01 BNB >> confirm the transaction.
Once completed, carry out verification on the Megadrop page until verified. Then a series of Megadrop tasks have been completed.
By carrying out the staking task on web3, the score obtained will be multiplied by 1.5 then added with a score bonus of 1000, for example with the previous amount the score is 100 * 1.5 + 1000 = 150 + 1000 = 1150. Then the final score will be 1150 points. After this, just wait until the last date of the Megadrop event, namely June 20 2024.
4. Additional: if you want to unstake, you can do it after all the tasks have been completed and verified. From the Lista DAO DApp, select the liquid staking menu, then select unstake, type in the amount to be unstaken, then confirm the transaction. After unstaking, wait a few days to make a withdrawal. When the claim menu opens, claim immediately, confirm the claim transaction.
Tips and tricks !!
*See the tutorial provided to minimize errors, because usually errors will increase costs and also make it difficult to verify assignments.
*If the network is busy, transaction costs will usually be high, so it can be done at another time as long as the event has not ended.
*There is no need to wait for the end of the event to make a withdrawal, the quicker the withdrawal time, the quicker we can claim our capital. So that funds can be allocated to other events.
*Consult in a group or with friends if you experience problems while working on this Megadrop. Binance Indonesia has a telegram group with a friendly admin and members who can help just ask questions or ask for advice, the important thing is don't ask for money 🤭
That's all I made for this post with all my heart, I hope it enlightens my mind, is easy to read and easy to understand.
Thank You.
