- What is Binance Megadrop?

Binance Megadrop is a new token launch platform that seamlessly integrates Binance Simple Earn and the Binance Web3 Wallet, reinventing the airdrop experience. Megadrop grants users early access to select Web3 projects before they are listed on Binance.

This unique combination of engagement, education and reward positions Megadrop as an unparalleled interactive experience within both Binance and the broader crypto ecosystem.

- What is Lista DAO?​

Lista DAO functions as a open-source liquidity protocol for earning yields on collateralized Crypto assets (BNB, ETH, Stablecoins, and other cryptocurrencies) and borrowing of our decentralized stablecoin, lisUSD, also known as a "Destablecoin".
It uses and expands the proven MakerDAO model for a decentralized, unbiased, collateral-backed destablecoin.
The protocol consists of a dual token model (lisUSD and LISTA) and a set of mechanisms that support instant conversions, asset collateralization, borrowing, yield farming, etc. We are native to the BNB Chain ecosystem and have plans to expand to multiple chains in the near future.
The protocol is built by DeFi and smart contract experts with the aim to position the world-class revolutionary lisUSD Destablecoin as the most widely used one, by leveraging Proof-of-Stake (PoS) rewards and yield-bearing assets.

- How to lock BNB on Simple Earn and gets Megadrop Lista During Period Megadrop
Locking BNB (Binance Coin) to participate in Binance Simple Earn involves a straightforward process. Here's a step-by-step guide on how to lock BNB:
1.Access Binance: Log in to your Binance account. If you don't have an account, you'll need to sign up first.
2.Navigate to Simple Earn: Once logged in, go to the Finance section on the top menu and select "Simple Earn" from the dropdown.
3.Choose BNB: Look for BNB in the list of available assets. Click on BNB to proceed with locking it.
4.Select Lock: You will see an option to "Lock" your BNB. Click on this option.
5.Choose Lock Period: You'll be prompted to select a lock-up period. Binance offers different lock-up periods with varying interest rates. Choose the lock-up period that suits your investment strategy.
6.Confirm and Lock: After selecting the lock-up period, review the details (such as interest rate, lock-up period, and terms). If everything looks good, confirm the lock-up.
7. Completion: Once confirmed, your BNB will be locked in Simple Earn for the chosen period. You will start earning interest according to the terms specified.

How to complete Web3 Quest
Step 1
1.Log in to your Binance app and click on the “Wallets” section. Go to “Web3”.
2. To fund your wallet, click on “receive”. If you are transferring funds from your binance account, click on “transfer in”.
3.Select the Coin to transfer, which will be BNB in this case, and choose the BNB smart chain (BEP-20) network to transfer your funds through.
4. Select the amount of BNB that you would like to transfer into your Binance Web3 wallet, and click withdraw. Note: To qualify for Lista DAO’s “The Drop” campaign, a minimum of 0.01 BNB is required to be liquid staked into slisBNB.

Step 2 Liquid Staking BNB into SlisBNB on Lista DAO
1.Once your wallet has been funded with BNB, the next step is to liquid stake your BNB into slisBNB on Lista DAO.
2.Head over to the “Discover” section.
3.Search for “Lista DAO” in the search bar, and click on Lista DAO.
4.You wil be redirected to Lista DAO’s landing page in the app. Connect your Binance Web3 wallet, and click on “Stake”.
5. Input the amount of BNB you would like to liquid stake on Lista. Remember to leave some BNB behind for gas!
6.Confirm the transaction, and a notification will appear once your BNB has been liquid staked on Lista DAO.

Step 3 Withdrawing/Unstaking BNB on Lista DAO
1.To unstake BNB on Lista DAO, navigate to the Lista DAO page by following the instructions given in step 2. (from instruction 1 to 4).
2.Connect your Binance Web3 Wallet and click on “Stake BNB”.
3. Head over to the unstaking section by clicking on the “unstake”, and input the amount of BNB you would like to withdraw/unstake, and confirm the transaction. Take note: There will be a 7-15 days unstaking period.
4.Once the withdrawal transaction has been confirmed, you can monitor the status of your withdrawal under the “withdrawal section” here.

Once the transaction has been confirmed, you are done!


- Reward distribution time

BNB Locked Products Snapshot Period: 

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

To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products (https://www.binance.com/en/earn/simple-earn?asset=BNB) 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 (https://www.binance.com/en/support/faq/frequently-asked-questions-on-megadrop-and-bnb-locked-products-736393e6ae0340349665a3187c9f5c41).
Web3 Quest Period: 2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.01 BNB in the ListaDAO DApp” (Tutorial (https://docs.bsc.lista.org/~/changes/lusb0OPiXzSDiMjwmgTz/get-started/using-binance-web3-wallet/liquid-staking-bnb-into-slisbnb))

Rewards Distribution: 2024-06-20 06:00:00 (UTC)
Users may view their Megadrop rewards in Binance Spot Wallet.