Key Points
- Binance announced that the Lista (LISTA) Megadrop is now open.
- Participation in the Lista Megadrop begins on May 30 at 12:00 am (UTC) and the listing of the token is on June 20.
In an official announcement, Binance has revealed that the Lista (LISTA) Megadrop is now open.
Lista (LISTA) is the exchange’s second project on Binance Megadrop. Lista is a liquid staking and decentralized stablecoin protocol.
According to Binance’s official notes, users can start participation in the Lista Megadrop on May 30 at 12:00 am UTC. The Lista Megadrop page is estimated to be available on the Binance app in 24 hours.
Binance will list Lista (LISTA) on June 20 at 10:00 am (UTC). The trading will open with the following trading pairs:
- LISTA/BTC
- LISTA/USDT
- LISTA/BNB
- LISTA/FDUSD
- LISTA/TRY
Binance also announced that the Seed Tag will be applied to LISTA. According to Binance’s notes, the Seed Tag replaced the Innovation Zone. It is applied to listings that represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens.
Binance also shared a post featuring the announcement via X.
Introducing #Binance‘s latest Megadrop project with @lista_dao!
You can start participating in the @lista_dao Megadrop from May 30, at 12am UTC!
Find out more ⤵️
— Binance (@binance) May 28, 2024
Lista Megadrop schedule
May 30 12:00:00 (UTC) to June 19 11:59:59 (UTC)
- BNB Locked Products Snapshot Period
In order to maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before May 30, 00:00:00 (UTC). The hourly snapshots of users’ subscription amounts will be taken during this period.
- Web3 Quest Period
Users may complete Web3 Quest(s) during the Quest Period. Binance also listed the first quest which is: “Stake 0.01 BNB in the ListaDAO DApp.”
June 20 06:00:00 (UTC)
This marks the Rewards Distribution during which users may view their Megadrop rewards in Binance Spot Wallet.
Lista Megadrop Details
Here are the essential details of the Lista Megadrop:
- Token Name: Lista (LISTA)
- Max Token Supply: 1,000,000,000 LISTA
- Megadrop Token Rewards: 100,000,000 LISTA (10% of the maximum token supply)
- Initial Circulating Supply: 230,000,000 LISTA (23% of the maximum token supply)
- User Eligibility: KYC is required in eligible jurisdictions
- Hard Cap per User: 800,000 LISTA
- Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
The 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)
The Web3 Quest Multiplier is 1.5.
The Web3 Quest Bonus is 1,000.
What is Binance Megadrop?
Binance launched Binance Megadrop, the new token launch platform featuring airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet in order to get early access to rewards from selected Web3 projects before the tokens are listed on the Binance exchange.
The platform integrates Binance Simple Earn and the Binance Web3 Wallet, redefining users’ airdrop experience.
Binance Megadrop is a fusion of engagement, education, and rewards, bringing an innovative interactive experience with Binance and the crypto ecosystem in general.
