What is Lista DAO: A revenue-based DeFi protocol
Lista DAO is a DeFi protocol built on BNB Chain, focusing on providing collateralized debt positions (CDP) and liquidity staking. Similar to Maker DAO, Lista DAO uses the decentralized stablecoin lisUSD and the token $LISTA to establish a mechanism that supports users to instantly convert, mortgage, lend, or liquidity mine assets.
Improve your BNB fund utilization rate : Users can mortgage BNB on Lista to borrow lisUSD, and use lisUSD for income mining and receive rewards.
Another breakthrough for stablecoins
Judging from the failure cases of several stablecoins in the past, Lista believes that many stablecoin protocols either rely too much on a single model and are centralized, such as fully collateralized systems, which usually involve custody risks or require over-collateralization on the chain; or they choose the other extreme. , such as it is completely based on algorithms and has no actual support. Although algorithmic stablecoins embody Bitcoin’s early vision of decentralized currency, in terms of stability and security, they often end up when facing liquidity crunch and de-anchoring. Tragic, such as UST, FEI, Basis Cash, etc.
Lista DAO attempts to design a new solution to the capital efficiency issues faced by over-collateralized stablecoins: allowing users to collateralize debt positions (CDPs) to increase their capital utilization.
By combining liquidity staking, the functionality of the MakerDAO model, and the additional liquidity of LPs on DEX, Lista manages to circumvent the problems of frozen funds (fiat-backed) or loss of value (algorithm) due to price instability.
At present, we can lend lisUSD through mainstream assets such as $BNB and $ETH to improve the efficiency of fund use. At the same time, weETH, ezETH, STONE and other LRT derivative assets from Etherfi, Renzo, etc. are also supported, which greatly provides users with the ability to use the re-pledge agreement. flexibility.
Binance Megadrop $LISTA Token Airdrop Event
Binance Megadrop is an event that encourages users to complete various Web 3 tasks to obtain airdrop rewards. The last issue of BounceBit was due to the recent good performance of currency prices, and everyone who participated received good rewards. Don’t miss it. The following will teach you step by step how to participate in the Megadrop event of Lista (LISTA).
Lista Megadrop points mission rules
・Activity time: 5/30 ~ 6/20, tokens will be distributed and transactions will be opened on 6/20
・Total Megadrop rewards: 100,000,000 LISTA (10% of the maximum supply of tokens)
・Single user reward limit: 800,000 LISTA
・User qualifications for participation: Complete identity verification (KYC) and be in an eligible jurisdiction
This task adopts a points system, and the number of points depends on the number of BNB locked by the user x multiplier.
Simply put, the more BNBs locked, the greater the points base. However, the multiplier can be increased by extending the locking time. At the same time, completing Web 3 tasks will increase the total score by 1.5 times and gain an additional 1,000 points. Please be sure to complete them all.
Calculation formula: User’s final points = (Locked BNB points * Web3 task multiplier) + Web3 task points
Lista Megadrop points task tutorial
Megadrop requires the mobile version of the APP to participate. Open the Binance APP page, click on the logo symbol in the upper right corner, select "Megadrop" and click "Lista"
Easy to get started! Register on Binance here
This Megadrop has two tasks. One of them only requires holding at least 0.001 BNB in a Binance account, and selecting the locking days and clicking "Subscribe" to lock the BNB in (the longer the locking days, the higher the annual return rate) .
The second task requires using Binance's Web 3 wallet to go to the Lista website for staking. Return to the task page and select "Complete Web 3 Task" and click "Start Now". It will automatically jump to Lista's staking page. Please make sure Your own Binance Web 3 wallet has at least 0.01 BNB.
Click "Connect Wallet" to connect to the wallet, enter the amount of BNB to be pledged and click "Stake" to complete the pledge. After staking $BNB you will get slisBNB
After completing the above steps, return to the task page and click "Verify" to confirm that the verification is successful to complete the points task. (Wait about one minute)
$LISTA Coin: ListaDAO’s native token
The $LISTA token is the native token of the Lista platform and is mainly used for governance and transactions within the protocol. The total supply is 1,000,000,000 LISTA and the initial circulating supply is 230,000,000 LISTA (23% of the maximum supply of the token)
$LISTA coin usage
・Staking rewards: Users can borrow lisUSD by staking BNB, or participate in Lista DAO's deposits and execution transactions to obtain $LISTA rewards.
・Governance voting: Community members can use $LISTA to vote on official or community proposals, including protocol upgrades, etc.
$LISTA Tokenomics token economic model
LISTA coin distribution project | Number of LISTA coins allocated |
40% community reward | ・400,000,000 pieces distributed to users as rewards |
19% early investors | ・190,000,000 pills distributed to early investors and institutions |
10% Binance Megadrop | ・100,000,000 coins distributed to Binance Megadrop event participants |
10% community airdrop | ・100,000,000 pieces distributed to early community users |
9.5% ecological development | ・95,000,000 as funds to support ecological development |
8.5% Foundation Reserve | ・85,000,000 as reserve funds |
3.5% core team | ・35,000,000 pieces distributed to the project core team |
It can be seen from this that projects participating in Megadrop, such as Bouncebit last time and Lista this time, allocate a very high proportion of tokens to Megadrop participating users. For readers with small funds, it is highly recommended to participate in this project. Megadrop event!
