According to a recent announcement on Binance’s official website, the cryptocurrency exchange platform has launched the Lista (LISTA) Megadrop, marking the second project on Binance Megadrop. This initiative allows users to participate by subscribing to BNB Locked Products or completing Web3 Quests. The Megadrop period starts from 2024-05-30 00:00:00 (UTC) and runs until 2024-06-19 23:59:59 (UTC).
Lista Megadrop Period
The Lista Megadrop period is set between:
- 2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
- 2024-06-20 06:00:00 (UTC)
Lista Megadrop Details
- 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)
User Eligibility: KYC required in eligible jurisdictions. Hard Cap per User: 800,000 LISTA.
Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus.
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).
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000
How to Get Started With Binance Megadrop
External wallets imported to Binance Web3 Wallet will not count. Only Multi-Party Computation (MPC) wallets that are created in Binance Web3 Wallet may participate in Megadrop events.
About BNB Locked Products:
- For the calculations of Locked BNB Score, the “30 Days” multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).
- Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score.
- Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.
- Users may receive both Megadrop and Launchpool rewards at the same time (where applicable). There is no need to redeem BNB Locked Products positions to participate in Launchpools.
- BNB Vault assets will not count toward the Megadrop score calculation.
Lista (LISTA) Project Links
For further information, users can refer to the research report on Lista (LISTA) available on Binance’s official website.
Terms & Conditions
- Only users who complete identity verification in eligible jurisdictions may participate in the Lista (LISTA) Megadrop.
- During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked Products subscription amounts will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate users’ Locked BNB Score. Locked BNB Score will be updated on a daily basis.
- Each sub-account will not be viewed as an independent account when participating in this Megadrop. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.
- Please note that some features of Megadrop may not be available in every country due to regional restrictions. This includes, but is not limited to, Web3 Wallet access or participation in Simple Earn. Therefore it is possible that only some features of the Megadrop platform may be available in users’ regions, and users may have partial access to the Megadrop platform.
Currently, users residing in the following countries or regions will not be able to participate in Megadrop by subscribing to BNB Locked Products or completing Web3 Quests:
- For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
- For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Binance reserves the right to take any action if participants are found to commit the below behaviors, including but not limited to, wash trading, bulk account registration, self-dealing, etc.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-05-28
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Binance reserves the right to choose markets and jurisdictions to conduct Megadrop and may restrict or refuse the participation of Megadrop in certain regions at our sole discretion. Binance does not guarantee that you will receive any specific reward, or any return over time. Your eligibility to receive tokens or participate in the Megadrop is subject to our sole discretion. Not financial advice. For more information, see our Terms of Use and Risk Warning. You may be subject to the terms of Simple Earn and Binance Web3 Wallet.
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