The LISTA RUSH is Coming Up!

Magpie
Listapie
Published in
3 min readJun 19, 2024

As a yield and veTokenomics boosting services provider for Lista DAO, Listapie has been designed to prioritize security and sustainability in the long term. Listapie will provide LISTA Token holders the opportunity to earn rewards active participation with their assets and enhance their earning potential without any required lock up period through mLISTA. mLISTA is a version of the LISTA token from Lista DAO created by Listapie.

Collect Listapie Waves to get LTP Airdrop & IDO Quota

To show appreciation for our early supporters, users who deposit their LISTA tokens on Listapie will start to accumulate Listapie Waves, which act like accumulating points. These Waves will entitle participants to receive an airdrop of Listapie’s LTP token and an IDO allocation, proportional to the total Waves they have accumulated on the platform.

The Waves accumulation rate is set at 1 Wave per hour for every 100 LISTA tokens deposited. Users can accumulate 1 Wave at the end of each hour for every 100 LISTA tokens they deposit on Listapie. The more LISTA you deposit within Listapie, the more Waves you secure for the upcoming LTP airdrop and IDO allocation.

Note: During the LISTA RUSH, users will be able to withdraw their LISTA tokens from Listapie at any time but will stop accumulating Listapie Waves.

Refer and Earn More

Early LISTA depositors on Listapie have the opportunity to participate in our early access campaign and refer their friends. By referring others, LISTA depositors can earn additional Waves proportional to the Waves accumulated by their referees. For each Wave a referee accumulates, the referrer will earn 0.1 Waves at the end of each hour. Referrers and referees form a group that can be expanded by adding more referrals from the group participants.

Group constitution example:

A refers B, A refers D

B refers C

  • A, B, C, and D will be in the same group.

E refers F

F refers G

  • E, F, and G will be in the same group.

If a group surpasses a certain amount of LISTA token deposits (as specified below), a Waves multiplier will be activated for each group member based on their group bracket.

Here are the group point multiplier brackets:

If a group surpasses 200,000 LISTA tokens in deposits, all users in that group will accumulate 1.1x Waves per hour for every 100 LISTA tokens they deposit. If a group surpasses 1 million LISTA tokens in deposits, all users in that group will accumulate 1.2x Waves per hour for every LISTA token they deposit. For all other subsequent groups, the table above showcases the Point Multipliers that users can unlock according to the LISTA deposits they surpass.

At Listapie, we hold the conviction that a just inception is fundamental for the broad embrace and progress within the DeFi realm. Bearing this ethos, the debut of our LTP token will embrace a fair launch strategy. In a gesture of solidarity with our initial and core backers, the Listapie team has officially renounced its token share. Instead, we will allocate 20% of the LTP tokens to the Magpie Treasury, illustrating our allegiance to an equitable environment and honoring those who have early on supported our platform.

Keep a vigilant eye on Listapie as we unveil the upcoming LISTA RUSH, and prepare to embark with us on this thrilling adventure!

About Listapie: Listapie is an advanced SubDAO developed by Magpie to enhance the enduring viability of Lista DAO’s CDP and liquid staking services. As a yield and veTokenomics service provider, Listapie’s primary function is to lock LISTA tokens as veLISTA on Lista DAO. This action empowers Listapie to attain superior yields and increased voting power within Lista DAO, delivering exceptional opportunities for LSDfi participants.

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