LISTA is listed on Binance after airdrop: Should I sell it? When should I sell it?

Author: Crypto Dog Source: medium

The airdrop will start at 5 pm today, and will be launched on Binance at 6 pm on June 20.

The airdrop will start at 5 pm today, and will be launched on Binance at 6 pm on June 20. For those who have participated in staking before, hurry up and check if you have airdropped: https://lista.org/airdrop

Based on why Yijie is optimistic about stablecoins: As the leader of stablecoins and staking protocols on BSC, after receiving the $LISTA airdrop: Should I sell, when should I sell, or should I add more positions, when should I add more positions?

1. Why did Binance's top female investor support the stablecoin track in the AMA?

In order to figure out where the hot money will go in the next period of time and where the venue is the safest, we need to look at Binance's business classification.

Binance has been doing these three things for the past seven years: obtaining more traffic through branding, improving more trading scenarios, and increasing the efficiency of traffic monetization while strengthening the brand.

We can divide Binance's business architecture into three structures, all of which will ultimately serve transactions. Transactions are like fast-moving consumer goods, and traffic is everything:

· Brand building business: Incubator Binance labs, BSC Ecological Fund, Binance Research Institute;

· Traffic expansion business: Listing, BSC Ecology, External Media, Wallet, Binance Academy (Academy), Plaza;

· Trading scenario business: CEX, DEX, derivatives, Binance Treasure, lending, NFT platform, Launchpad, Launchpool, Megadrop, stablecoins All of the above business segments have developed very well, especially in terms of brand and traffic construction, which have a strong reference effect on many brother institutions. However, from the perspective of infrastructure, BNB Chain has not yet formed a commercial closed loop, and it has been catching up with Ethereum. The ecological changes on the chain are very fast, and the phenomenon of one wave has always existed. But no matter how the Web3 industry develops, project parties and users must realize, and realization cannot be separated from stablecoins, which is closely related to all Web3 users. Therefore, institutions believe that stablecoins are a market with more than 100 million users and an important revenue-generating market.

BNB Chain has been developing stablecoin projects, such as:

· GrizzlyFi$GNHY, started with the stablecoin mining machine gun pool, and later plans to create a stablecoin exchange and issuance center based on this;

· Pancake IFO project Wombat, preparing to do cruve on BSC;

· ListaDAO, combining Maker Dao's overcollateralization and algorithmic stablecoin's Rebase mechanism, is preparing to create a new stablecoin.

Of the above three projects, only ListaDAO has not yet been listed. If the stablecoin on BSC is successful, then BNB Chain will gradually build its own central bank like Ethereum. By then, BSC will be able to compete with Solana, and traffic and transactions will naturally come.

2. About ListaDAOLista DAO

is a hybrid algorithmic stablecoin built according to Maker DAO on the BSC chain. Unlike Maker DAO, Lista DAO increases liquidity staking (Liquid Staking) and the liquidity of liquidity providers (LP) on decentralized exchanges (DEX), avoiding the problem of fund freezing (fiat currency support) or value loss (algorithm) due to price instability, which helps to enhance capital efficiency and reduce the risk of fund freezing.

1. ListaDAO includes two tokens:

· lisUSD (stable currency)

· LISTA (platform currency, this is the one that will be listed)

2. LISTA is the governance token of Lista DAO and is used for the following functions:

· Governance: LISTA token holders can vote on the governance decisions of the protocol.

· Protocol Incentives:When users borrow lisUSD with collateral or perform liquidity mining in the lisUSD and slisBNB pools, they can get LISTA tokens as rewards.

· Voting:Users can lock their LISTA tokens into veLISTA and vote for the collateral they want to use to mint lisUSD and the liquidity pools they want to receive higher LISTA token emissions.

· Fee Sharing:Users who lock LISTA for veLISTA will also be eligible for fee sharing.

III. Token Economics and Price Estimation

$LISTA total amount is 1 billion, with 230 million in initial circulation (23% of the total token amount)

· Binance Megadrop amount is: 100 million

· Airdrop amount is: 100 million

· Other releases: 30 million

From historical data, the FDV of the initial project launched on Binance is 300 million US dollars. It is expected that the initial price of $LISTA should be 0.3u/piece. The current over-the-counter transaction price is 0.58u/piece.

Referring to the stablecoin project $ENA launched on Binance in the first half of the year, the total amount was 15 billion, the initial circulation was 1.425 billion, and the over-the-counter transaction price was 0.675u at that time. After Binance went online, it was not only not smashed by the airdrop, but also rose against the trend, and the highest rose to 1.48u (FDV reached 22.2 billion, MC reached 2.1 billion), an increase of 119% compared with the over-the-counter price.

According to the current popularity, $LISTA's MC should be able to reach more than 100-300 million US dollars, and the listing price should be 0.43-1.5u.

If the coin in your hand is from an airdrop, you can wait and see if there is a high point later. This is a project supported by Binance and an important part of building a central bank on BNB Chain.

PS: In addition to Binance, $LISTA will also be listed on bitget, mexc, and kucoin