Lista DAO, a decentralized stablecoin protocol, is holding its Initial Farm Offering (IFO) via PancakeSwap starting at 12:00 UTC on May 28, 2024.
Lista DAO, a decentralized stablecoin protocol, will have its Initial Farm Offering (IFO) hosted by PancakeSwap, a decentralized exchange (DEX). Starting at 12:00 UTC on May 28, 2024, and continuing for 72 hours, proposal voting is now underway.
To ensure that the IFO sale does not conflict with the needs of other parties involved in the LISTA IFO launch, June 2024 is the planned date. We anticipate raising 100,000 CAKE tokens. With a price of $0.02 USD per token, the offering comprises the sale of 5 million LISTA tokens, which is 0.5% of the total LISTA token supply.
Everyone will be able to access any LISTA token at the token generation event (TGE). Additionally, the IFO project will receive all CAKE tokens raised during the LISTA token sale.
To participate in the IFO, users should either maintain a balance of more than 1500 points or set a Pancake Squad non-fungible token (NFT) as their profile avatar. To participate in the IFO private sale, interested parties can purchase Pancake Squad NFTs.
If consumers want to participate in the private sale, they need to follow the same procedures as the IFO. To participate in the IFO, users will need a separate quantity of CAKE, and they cannot use iCAKE to purchase tokens during the event.
We have set aside ten percent of the sales allocation—$10,000—for the private sale, allowing users to invest a maximum of $200.
In the public sale, only veCAKE holders will be able to purchase the $90,000 worth of shares, which makes up 90% of the total allotment.
What are the Lista DAO and LISTA tokens?
Users are able to receive returns on collateralized cryptocurrency assets such as BNB, ETH, stablecoins, and more through Lista DAO, an accessible liquidity protocol. It also provides the opportunity to borrow LisUSD, its decentralized stablecoin.
The protocol utilizes LISTA and LISUSD as its dual-token paradigm. It includes features such as yield farming, quick conversions, asset collateralization, and borrowing.
The Lista DAO plans to use LISTA as a native cryptographically safe fungible token for governance and utility purposes. According to the LISTA tokenomics, there will be a 40% community distribution and a 20% split between the Binance Megadrop and Airdrop programs.
There will be nothing left over, with 19% going to advisers and investors, 9% to the ecosystem, 8% to the DAO reserve, 3.5% to the team, and 0.5% to the PancakeSwap IFO Sale.