According to a recent announcement on the Binance official website, the cryptocurrency exchange platform launched LISTA Megadrop, the second project of 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).
Rista 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)
Rista Megadrop Details
- Token Name: LIST
- Maximum token supply: 1,000,000,000 LISTA
- Megadrop token reward: 100,000,000 LISTA (10% of maximum token supply)
- Initial Circulating Supply: 230,000,000 LISTA (23% of maximum token supply)
User Eligibility: KYC is required in eligible jurisdictions. Hard cap per user: 800,000 LISTA.
Reward Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus.
Locked BNB Score (based on hourly snapshots during the BNB locked product 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 lock amount * 100).
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 1,000
How to Get Started with Binance Megadrop
External wallets imported into Binance Web3 Wallet are not included. Only MPC (Multi-Party Computation) wallets created on Binance Web3 Wallet can participate in the Megadrop event.
BNB locked product information:
- For purposes of calculating locked BNB scores, the “30 days” multiplier will be applied to all BNB locked product subscriptions with a duration of less than 30 days (e.g. 15 days).
- Users will receive different scores for each active subscription depending on the subscription period. The longer the period, the higher your locked BNB score.
- Please refer to the BNB Locked Products page for the latest APR and maximum subscription limits.
- Users can receive Megadrop and Launchpool rewards simultaneously (if applicable). There is no need to redeem BNB locked product positions to participate in Launchpool.
- BNB Vault assets are not included in Megadrop score calculation.
LIST project link
For more information, please refer to the LISTA research report published on the Binance official website.
Terms of Use
- Only users who have completed identity verification from eligible jurisdictions may participate in the LISTA Megadrop.
- During the BNB locked product snapshot period, snapshots of a user’s BNB locked product subscription amount are taken multiple times at any time every hour to determine the user’s hourly average subscription and calculate the user’s locked BNB score. Locked BNB scores are updated daily.
- When participating in this Megadrop, each sub-account will not be considered an independent account. The sub account’s subscription amount is combined with the master account’s standard subscription amount.
- Some features of Megadrop may not be available in all countries due to regional restrictions. This includes, but is not limited to, accessing Web3 Wallet or participating in Simple Earn. Therefore, only some features of the Megadrop Platform may be available in your region and you may have partial access to the Megadrop Platform.
Currently, users residing in the following countries or regions cannot participate in Megadrop by subscribing to BNB locked products or completing Web3 quests.
- For Simple Earn BNB Fixed Product participants: Australia, Canada, Cuba, Crimea, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands) Ireland) and all non-government controlled areas of Ukraine.
- For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands), US Virgin Islands Ireland) and all non-government controlled areas of Ukraine.
The list of excluded countries provided here is not exhaustive and may change due to changes in local rules, regulations or other considerations. This list may be updated periodically to accommodate changes in laws, regulations or other factors.
Binance reserves the right to take any action if a participant is found to have committed any conduct, including but not limited to impersonation trading, bulk account registration, self-dealing, etc.
There may be inconsistencies in the English translated version of this original article. Please refer to this original version for the most current or most accurate information in case of any discrepancies.
Thank you for your support!
Binance Team
2024-05-28
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Binance reserves the right, in its sole discretion, to modify or cancel this announcement at any time and for any reason without prior notice.
disclaimer: Digital asset prices can be highly volatile. The value of your investments can fall as well as rise and you may not get back the amount you invest. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may suffer. Binance reserves the right to select markets and jurisdictions in which to conduct Megadrops and may limit or deny participation in Megadrops in certain regions at its sole discretion. Binance does not guarantee that you will receive any specific rewards or that you will earn any profits over time. Eligibility to receive tokens or participate in the Megadrop is at our sole discretion. It is not financial advice. Please see our Terms of Use and Risk Warnings for more details. Terms and conditions of Simple Earn and Binance Web3 Wallet may apply.
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