Bittime - The world of decentralized finance (DeFi) is back with a promising new player. Recently, Binance, one of the world's largest cryptocurrency exchange platforms, announced the listing of the Lista DAO's LISTA token as the second project on the recently launched Binance Megadrop platform.
LISTA Token Details
The protocol is known to focus on liquid staking and decentralized stablecoins. The total supply of LISTA tokens is limited to 1 billion tokens. A total of 100 million LISTA, or 10% of the total supply, is allocated specifically as Megadrop Token Rewards. Meanwhile, the initial circulating supply at launch will be 230 million LISTA, representing 23% of the total maximum supply.
Binance does not forget to remind investors to always do their own research before making any investment. The platform insists that any claim offering a token sale before the set schedule is false advertising.
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LISTA Token Functions
LISTA acts as a multi-utility token in the Lista DAO ecosystem. In addition to functioning for governance purposes, this token also supports various financial activities within the ecosystem, such as instant conversion, asset collateralization, lending, and yield farming.
Get to know Lista DAO
Lista DAO operates as an open-source liquidity protocol that allows its users to earn yields on collateralized crypto assets.
Supported crypto assets include BNB, ETH, stablecoins, and more. Lista DAO also offers loan facilities through their decentralized stablecoin, lisUSD. Lista DAO's system is inspired by MakerDAO, but developed with broader functionality.
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About Binance Megadrop
Binance Megadrop was first announced in April 2024. The platform aims to give users early access to specific Web3 projects before their tokens are officially listed on Binance Exchange. Binance Megadrop seeks to enhance the token release experience by integrating Binance Simple Earn and Binance Web3 Wallet.
Conclusion
The listing of LISTA on Binance Megadrop is an important achievement for both Binance and the Lista DAO project. Binance's innovative Megadrop platform offers its users exclusive early access to engage in promising Web3 projects.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, then you can make a crypto asset purchase in the application.
Learn the Complete Guide on How to Buy Crypto on Bittime.
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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