ListaDAO is a BNB liquid staking and stablecoin platform where users stake BNB to receive slisBNB. This token can be used in DeFi LPs or as collateral to borrow the lisUSD stablecoin. Governance is managed via the native $LISTA token.
Recently, the project set an $LISTA IFO round on PancakeSwap on June 19, 2024, and successfully raised $100K.
To participate in the $LISTA IFO round on PancakeSwap, you need to acquire $CAKE tokens and visit the IFO page on PancakeSwap. There, you have the option to join either the Basic pool or the $veCAKE holders pool, each allocated 30,000 $EGP tokens.
To join this pool, you need to contribute a limited amount of $CAKE tokens to a specific LP on PancakeSwap to receive a proportional share of $EGP tokens. Although the pool has a hard cap, it can still be oversubscribed by other users.
In such cases, you will receive an allocation proportional to your staking share in the pool, and your $CAKE will be automatically converted into $EGP tokens after a 1.5% participation fee, with any unspent $CAKE refunded.
If you are a holder of $veCAKE tokens, you can deposit an unlimited amount of $CAKE, regardless of the hard cap. In this pool, $veCAKE token holders can deposit up to twice the amount of $veCAKE they hold in their wallet.
For example, if a user holds 1,000 $veCAKE, they can deposit up to 2,000 $CAKE tokens. As in the Basic Pool, your token allocation will be determined by the amount of $CAKE deposited, with unspent tokens refunded after a 1% participation fee.
❗️ Please note that $veCAKE exists only on the BNB Chain and is not bridgeable to the Arbitrum network. To confirm your $veCAKE balance, simply connect the wallet where you hold $veCAKE to the IFO page on the Arbitrum network and use that wallet to participate in the IFO.
Learn more about the IFO on PancakeSwap here.
Acquire some $CAKE tokens in your wallet;
Go to the $LISTA IFO page;
Participate in the Basic IFO pool;
If you hold $veCAKE, participate in the $veCAKE pool;
Receive your tokens and refunds once the IFO ends.