Categories: Press Releases

Lista DAO Unveils Cosmic Adventure Challenge and Rebrand in Strategic Push

Singapore, Singapore, February 6th, 2024, Chainwire

Lista DAO, a key player in Decentralized Finance (DeFi) with a specialization in Collateralized Debt Position (CDP) and Liquid Staking, is set to captivate the cryptocurrency community through the unveiling of its Cosmic Adventure Challenge (CAC) and the introduction of lisBNB.

The CAC promises an immersive and rewarding experience, providing participants with the opportunity to earn stardust and secure a share of the highly anticipated LISTA airdrop. Simultaneously, lisBNB, a tokenized version of staked BNB, is positioned to revolutionize DeFi strategies within the Lista DAO ecosystem.

Cosmic Adventure Challenge (CAC) Overview

The CAC, Lista’s flagship point system campaign, commences on February 5th, 2024, participating in the recent trend of gamified DeFi engagement. Challengers, participants in this campaign, can embark on quests across the BNB Smart Chain, completing tasks such as providing Total Value Locked (TVL) on Lista, borrowing lisUSD on Lista, and participating in liquidity provision and trading volume generation. Season 1 runs from February 5th, 00:00 UTC+0, to February 29th, 23:59 UTC+0, with Lista confirming a 2% airdrop allocation of the LISTA token for CAC participants.

Engaging in both Season 1 and Season 2 offers participants loyalty rewards in the form of bonus stardust. Stardust, earned through completing quests, contributes to rankings and percentiles, determining the LISTA airdrop allocation for each challenger.

Dashboards on Lista’s Dapp provide daily stardust tracking, ensuring transparency and competitiveness. Loyalty incentives encourage early participation, enabling users to carry over stardust from Season 1 to Season 2. The much-anticipated Lista airdrop allocation, following a USD 10 Million Binance Labs investment in August 2023, is poised for high success.

Strategic Decisions

Concurrently with the CAC launch, Lista DAO announces the postponement of its Ethereum Mainnet launch. This strategic decision prioritizes the successful CAC campaign rollout and meticulous rebranding slated for February 5th. The pause in transitioning to Liquity’s codebase underscores Lista DAO’s commitment to building a robust foundation for the eventual expansion to the Ethereum Mainnet.

More details of this announcement can be found here.

Introduction of lisBNB

Lista DAO introduces lisBNB, a stablecoin loosely pegged to BNB, offering stability within the ecosystem. While not yield-bearing, lisBNB enhances the capital efficiency of ListaDAO’s DeFi strategies. The launch date for lisBNB will be communicated through social media channels.

Quotes

Lista DAO’s marketing team emphasized, “The Cosmic Adventure Challenge marks a pivotal moment for Lista DAO, aligning with our commitment to innovation and user-centric DeFi solutions. We invite the crypto community to join us on this exciting journey.”

Users can follow Lista DAO on Twitter and Telegram for real-time updates and announcements.

About Lista DAO

Lista DAO is a leading CDP stablecoin and LSDfi provider, dedicated to simplifying and revolutionizing the DeFi space. With a focus on accessibility, innovation, and user-centric solutions, Lista DAO aims to make DeFi easier for everyone.

For more information, visit the Lista DAO Website.

Note: Lista DAO reserves the right to modify terms and conditions of the CAC without prior notice.