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Binance Launches Lista (LISTA) in Second Megadrop

Binance Lista (Lista) Megadrop

Binance is excited to announce the launch of Binance Megadrop, a groundbreaking token launch platform designed to provide users with early access to new Web3 projects through a combination of airdrops and Web3 quests. The platform allows users to subscribe to BNB Locked Products and complete tasks in their Web3 Wallets to earn rewards before the tokens are listed on the Binance Exchange.

Lista (LISTA) to be Featured in the Second Megadrop

The second project to be introduced on Binance Megadrop is Lista (LISTA), a liquid staking and decentralized stablecoin protocol. Key details of the Lista Megadrop include:

  • Token Name: Lista (LISTA)
  • Max Token Supply: 1,000,000,000 LISTA
  • Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
  • Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)

Understanding Binance Megadrop

Binance Megadrop aims to redefine the airdrop experience by integrating Binance Simple Earn with the Binance Web3 Wallet. This platform offers an unparalleled interactive experience, combining engagement, education, and rewards for users. Megadrop grants early access to select Web3 projects, making it a significant addition to both Binance and the broader crypto ecosystem.

How to Participate in Binance Megadrop

  1. Log into your Binance account.
  2. Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. Ensure you have an active Binance Web3 Wallet.
  3. Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores.
  4. Access Megadrop on the Binance App (coming soon) and complete all designated Web3 Quests to earn scores and a score multiplier.
  5. Receive Megadrop rewards based on your Total Score.
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Scoring System Explained

The Megadrop reward for each qualified user will be based on their Total Score relative to the Total Scores of all qualified users. The scoring system includes:

  • Locked BNB Score: Calculated based on the quantity of BNB subscribed and the subscription period length.
  • Web3 Quest Bonus and Web3 Quest Multiplier: Earned by completing designated Web3 Quests.

Total Score is calculated as:

Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus

If users do not finish all designated Web3 Quests, the multiplier will be 1.

Updated BNB Locked Products Details

In preparation for future Megadrop events, Binance has updated the APRs and increased the maximum subscription limits for BNB Locked Products:

  • 15 days: 0.6% APR, 500,000 BNB limit
  • 30 days: 0.9% APR, 1,000,000 BNB limit
  • 60 days: 1% APR, 400,000 BNB limit
  • 90 days: 1.39% APR, 400,000 BNB limit
  • 120 days: 1.69% APR, 20,000 BNB limit

Note: BNB Vault assets do not count towards the score calculation for Megadrop events. Participating users will also receive Launchpool rewards simultaneously.

Important Notes

  • External wallets imported to Binance Web3 Wallet are not eligible.
  • Only backed-up wallets created in Binance Web3 Wallet can participate in Megadrop.
  • Users can check quest completion on the Megadrop project page (available in the second announcement).
  • Megadrop rewards will be airdropped to users’ Binance Spot Wallets.

 

 

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