On May 23, 2024, Binance announced the listing of Lista (LISTA) on its new innovative platform, Binance Megadrop.
This event marks the beginning of a new chapter for airdrops and Web3 missions, offering users the opportunity to gain early access to exclusive rewards.
Introduction to Binance Megadrop and the launch of LISTA
Binance Megadrop is a token launch platform that combines airdrop and Web3 missions, allowing users to subscribe to locked BNB products and/or complete tasks in their Web3 wallet to earn rewards. This new approach has been designed to offer an engaging and educational user experience, making token launches more accessible and beneficial for participants.
Lista (LISTA) is the second project to be launched on Binance Megadrop. It is a liquid staking protocol and decentralized stablecoin. The maximum token supply for LISTA is set at 1 billion, with 100 million of these tokens (10% of the maximum supply) reserved as Megadrop rewards. At the time of launch, the initial circulating supply will be 230 million LISTA (23% of the maximum supply).
Participation and scoring system
Users can participate in Megadrop in two main ways:
- Subscription to Locked BNB Products: Users earn points based on the amount of BNB subscribed and the duration of the lock period. The longer the lock period, the higher the score will be.
- Completion of Web3 Missions: By completing the designated missions in the Binance Web3 wallet, users can earn bonuses and mission multipliers. A user’s total score is calculated as follows:
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- Total Score = (Punteggio BNB Bloccato * Moltiplicatore Missione Web3) + Bonus Missione Web3
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The scoring system assigns Megadrop rewards based on each user’s total score compared to the total score of all qualified users.
In preparation for future Megadrop events, Binance has updated the annual percentage rates (APR) and increased the maximum subscription limits for locked BNB products. For example, for a 120-day lock period, the APR rate is now 1.69%, with a maximum subscription limit of 20,000 BNB.
Important considerations
Users must have at least an active and verified Binance Web3 wallet to participate. Additionally, users must be residents of eligible jurisdictions, as some countries are excluded from participation. Megadrop rewards will be credited directly to users’ spot wallets on Binance.
The introduction of Lista (LISTA) on Binance Megadrop represents an exciting opportunity for users to gain early access to promising Web3 projects. This new system not only rewards users for their active participation but also promotes greater interaction and understanding of emerging projects in the blockchain world.
With Binance continuing to innovate and improve user experiences, the future of token launches looks promising and full of opportunities.
For further details, it is recommended to visit the official Binance website and read the updated announcements on the specifics of Lista and future Megadrop opportunities.