I have written a lot of tutorials about Lista DAO in the past six months. It won’t be long before the project launches an airdrop. There is no suspense and the tokens will be directly listed on Binance.
ListaDAO is a decentralized stablecoin lending protocol built on LSD assets within the BNB chain ecosystem.
The project will release 2 airdrop tasks:
- The first phase has ended
- Phase 2 is still in progress
Both rounds of airdrops are centered around "Stardust (stardust points)". If you miss both rounds, it's a bit late, but it doesn't matter. We will use the method of killing two birds with one stone to maximize your profits.
1. Where can you kill two birds with one stone?
In order to integrate more liquidity staking derivatives (LST) and liquidity re-staking tokens (LRT) into the ecosystem, ListaDAO launched the Innovation Zone a week ago, incorporating eligible LST and LRT assets into its collateral options.
Originally, ListaDAO accepted assets such as BNB, ETH, slisBNB, wBETH and BTCB as collateral. After the Innovation Zone is opened, Ether.fi's weETH, StakeStone's STONE and Renzo's ezETH can all be pledged in ListaDAO to borrow the stablecoin lisUSD.
As of May 24, the ListaDAO Innovation Zone had pledged assets valued at approximately $5.79 million.
Compared with traditional collateral, the risk factor of the mortgage assets in the Innovation Zone will be higher and the mortgage ratio will be higher. The ListaDAO project will also conduct assessments every week to determine whether the collateral is qualified.
2. Benefit comparison (mainly points bonus)
- Ether.fi's weETH can earn Etherfi 3x points + ListaDAO points + EigenLayer points;
- Renzo's ezETH can earn Renzo 3x points + ListaDAO points + EigenLayer points;
- StakeStone's STONE ; earn StakeStone 2x points + ListaDAO points;
If you have used ETH to participate in the staking of the above three projects before, the ETH certificates obtained can be pledged again in ListaDAO to obtain points for multiple projects.
The specific tutorial is as follows:
3. Interactive Tutorial
Not every tutorial below requires interaction. If you have relevant tokens, or you are optimistic about the pledged assets in the Innovation Zone and want to get the airdrop of that project, you can use ETH to pledge on the platform first, and then come to ListaDAO to participate in the event.
1. Staking Ether.fi’s $weETH in ListaDAO
- You can earn 3 times Etherfi points + ListaDAO points + EigenLayer points;
Step 1. Cross $weETH to the bsc chain
Here we use the cross-chain bridge tool Stargate, related link: https://stargate.finance/
- Link Wallet
- Token selection: $weETH
- In the From column, select Ethereum chain
- To column, select bnb
Cross $weETH to bnb
Step 2: Stake $weETH in ListaDAO
- Related link: https://lista.org/
- Click Borrow lisUSD
- Scroll down and find Innovation Zone
- Find $weETH on Ether.fi
- Click Borrow
Step 3. Stake $weETH
- Click the "+" in the My collateral column
- Enter the amount of weETH you want to deposit
- Click approve
- Wallet confirmation
That's it.
If you want to earn more ListaDAO points and maximize your profits, you can continue to do the ListaDAO Season 2 airdrop task after this step:
Task 1 in the table has been completed in the previous step, and you can get points for ListaDAO Task 1.
Task 1 — Providing TVL on Lista
Similar to Season 1, challengers can earn Stardust for Season 2 by depositing any acceptable collateral on Lista after the event start date.
For every $1 of TVL deposited per day, challengers will receive 0.20 Stardust rewards.
Formula: Stardust = [(Stardust of this task) * (task weight) / 24 hours] x total hours
Task 2 — Borrow lisUSD
Similar to Season 1, each $1 of lisUSD borrowed during a full calendar day will be equivalent to 0.05 Stardust.
Stardust = [(Stardust for this mission) * (Task Weight) / 24 hours] x Total hours
Tasks 3 and 5 cannot be done here, but the others can be done
For the interaction method and integral calculation method, please refer to the first tutorial I wrote:
Official second phase airdrop announcement:
https://medium.com/listadao/welcome-to-season-2-of-listas-cosmic-adventure-challenge-9d33bc2c6f84
2. Staking Renzo’s ezETH in ListaDAO
- You can earn 3 times Renzo points + ListaDAO points + EigenLayer points;
The steps are basically the same as above, the main steps are as follows:
Step 1: Transfer ezETH to bsc
- Related tools: https://bridge.connext.network/EZETH-from-ethereum-to-blast?symbol=ezETH
- Link Wallet
- Token selection: $ezETH
- In the From column, select Ethereum chain
- To column, select bnb
- Enter the transfer quantity
- confirm
Step 2: Stake $ezETH in ListaDAO
- Related link: https://lista.org/
- Click Borrow lisUSD
- Scroll down and find Innovation Zone
- Find Renzo's $ezETH
- Click Borrow
Step 3. Stake $ezETH
- Click the "+" in the My collateral column
- Enter the amount of ezETH you want to deposit
- Click approve
- Wallet confirmation
That's it.
If you want to earn more ListaDAO points and maximize your profits, you can continue to do the ListaDAO Season 2 airdrop task after this step:
Task 1 in the table has been completed in the previous step, and you can get points for ListaDAO Task 1.
For other task points, please refer to the above "Staking Ether.fi's $weETH in ListaDAO"
(III) Pledge StakeStone’s STONE in ListaDAO
- You can earn 2x StakeStone points + ListaDAO points;
The steps are basically the same as above, the main steps are as follows:
Step 1: Cross Stone to BSC
- Related tools: https://app.stakestone.io/u/bridge
- Link Wallet
- Token selection: $Stone
- In the From column, select Ethereum chain
- To column, select bnb
- Enter the transfer quantity
- confirm
Step 2: Stake $weETH in ListaDAO
- Related link: https://lista.org/
- Click Borrow lisUSD
- Scroll down and find Innovation Zone
- Find the stone
- Click Borrow
Step 3. Stake $stone
- Click the "+" in the My collateral column
- Enter the number of stones you want to deposit
- Click approve
- Wallet confirmation
That's it.
If you want to earn more ListaDAO points and maximize your profits, you can continue to do the ListaDAO Season 2 airdrop task after this step:
Task 1 in the table has been completed in the previous step, and you can get points for ListaDAO Task 1.
Task 1 — Providing TVL on Lista
Similar to Season 1, challengers can earn Stardust for Season 2 by depositing any acceptable collateral on Lista after the event start date.
For every $1 of TVL deposited per day, challengers will receive 0.20 Stardust rewards.
Formula: Stardust = [(Stardust of this task) * (task weight) / 24 hours] x total hours
Task 2 — Borrow lisUSD
Similar to Season 1, each $1 of lisUSD borrowed during a full calendar day will be equivalent to 0.05 Stardust.
Stardust = [(Stardust for this mission) * (Task Weight) / 24 hours] x Total hours
Tasks 3 and 5 cannot be done here, but the others can be done
For interaction methods and integral calculation methods, please refer to the first tutorial :
Official second phase airdrop announcement:
https://medium.com/listadao/welcome-to-season-2-of-listas-cosmic-adventure-challenge-9d33bc2c6f84
Summarize
ListaDAO is wholly owned by Binance Labs and is a decentralized stablecoin lending protocol built based on LSD assets within the BNB chain ecosystem.
Binance has high hopes for it, and basically most of its resources and conveniences are inclined towards ListaDAO, and there may be high expectations in the later stage.
In terms of airdrops, ListaDAO is not a very pua project, and it has only launched two missions. Judging from the actions of the project team on Binance, it may be about to issue coins, so players who have not yet boarded the train should hurry up and participate to kill two birds with one stone and make up for the previous gap.
