After Lista DAO completed the first phase of the points airdrop task in February, it announced on March 5 that it would officially launch the second phase of the airdrop task. This point airdrop task will end on April 15. APX’s trading efficiency was very high in the Lista DAO airdrop in the first quarter, and the trading volume increased sharply, reaching a peak of US$1 billion in daily trading volume. The main reason is that APX has high efficiency and low wear, which can maximize benefits. The second phase of the airdrop event APX will continue to be included, so you can continue to sprint and achieve the highest benefits with minimal wear and tear.

Lista DAO Season 2 Airdrop Analysis, Advantages of Using APX

APX is a decentralized derivatives trading platform that currently supports BNB Chain, Arbitrum and other chains. Its main feature is that it can provide slippage as low as 0.01%. In Degen mode, it can provide slippage close to 0, which is comparable to centralization. exchange. In addition, the classic perpetual contract mode can be used in APX to open a leverage of up to 250 times, and the Degen mode can open a leverage of more than 1,000 times.

For Lista DAO trading points, APX can provide points at a higher multiple than other DApps because leveraged positions can amplify transaction value. Most players who participate in the Lista DAO points airdrop choose to use APX to obtain more point rewards.

The activity rules of Lista DAO Season 2 are roughly similar to the first season, but the official has made some additions and improvements. Here we focus on Quest 7, which is the on-chain trading activity, and points are obtained through transaction volume. Quest7 allocates 0.3% of the total LISTA tokens. Compared with the 0.2% of the total allocated in the last trading volume activity, this token allocation has increased, which is a clear positive policy for APX users. In addition, Quest 7 also divides the distribution method into 6 time periods, with a 0.05% reward allocated in each time period to prevent participants from suddenly generating a large number of transactions on the last day and benefiting retail investors with sufficient time.

In the activity data of Lista DAO last season, we can see that among the total points ranking of Guest 1-5, the first place reached 366.74M. In the Guest6 transaction volume activity, the first place reached 678.56M, which is far more than the sum of the first place data of Guest 1-5. In Guest6, APX has the highest efficiency in obtaining points, because it is difficult to generate such high data through normal transactions. Therefore, it can be considered that most players still participated in this event through APX and achieved good results. .

Overall, the changes to the Lista DAO airdrop rules in Season 2 have little impact. Obtaining points through APX is still the most efficient way. At the same time, due to the increase in the reward share of Task 7, more token incentives will be obtained by trading in APX.

Eat two fish - APX lisUSD trading bonus event

In addition to Lista DAO's points airdrop activity, APX also released its own task activity on Galxe, which is also a lisUSD transaction. You can get APX token rewards and Lista DAO rewards, which means you can complete two tasks in one transaction. .

Participants conduct transactions using lisUSD in APX while submitting tasks on Galxe. The APX Galxe points activity is divided into 6 stages. Participants who complete the OAT tasks every week can equally share the APX token prize pool of 700u. In addition, participants who complete all tasks in the 6-week event can equally share the APX prize pool of US$800. As long as you complete the task, you will basically not leave empty-handed.

APX participates in points airdrop and Galxe OAT task steps

1. Get lisUSD

You can obtain lisUSD by staking BNB through Lista DAO, or purchase it by trading on Pancakeswap. Due to the rapid changes in market conditions in recent days, many token prices have experienced sharp corrections. In extreme cases, there is a risk of pin insertion. If you pledge at this time, there is a certain possibility of pledge liquidation. Therefore, for participants in this airdrop, That said, you can give priority to Pancakeswap to buy lisUSD, which can also minimize the risks caused by market fluctuations.

Chain used: BNB Chain

lisUSD contract:

0x0782b6d8c4551B9760e74c0545a9bCD90bdc41E5

2. Trade through APX V2

Open the APX website, log in using the Metamask wallet, and log in to the web page:

https://www.apollox.finance/zh-TW/futures/v2

Select the transaction target, change the unit after the amount from USDT to lisUSD, enter the amount, select the leverage ratio, take profit and stop loss, and click open position. You can use two wallet accounts at the same time, one to open long orders and the other to open short orders, thus forming a hedge and reducing possible losses caused by price fluctuations.

After opening a position, wait 3-5 minutes before closing the position.

If we open a position of 100u at one time and the leverage is fully increased to 200 times, it is equivalent to the value of our position being 20,000u, which means that we have obtained 20,000u points with the gas cost of 1u.

In terms of target selection, we can give priority to stable currency foreign exchange perpetual trading, such as ERU-USD, because its fluctuations are generally very small, and the 24-hour rise and fall are generally within 1%, and the leverage can be raised to 200 times when opening a position. The volatility is also low, and the price loss cost will be much less. Even if you forget to close the position, the position may still be open the next day.

However, it should be noted that the foreign exchange market is not a 24/7 transaction. It is closed at 23:00 (UTC+0) on Friday, Sunday, and all day on Saturday. At this time, brush trading is not possible.

3. Obtain OAT on Glaxe

Glaxe tasks are divided into 6 periods according to the time period divided by Lista DAO. They are mainly to complete social media tasks (follow Twitter, enter TG groups, etc.) + minimum transaction amount (the value position after adding leverage will be displayed in the position column on the web page) , you can get points and OAT after completing it.

As shown below, the opening value of the position needs to exceed 1000u in the first week. We only need to use more than 5 lisUSD to open 200 times the ERU-USD position, and then close it. This threshold is also very low, and the gas cost is less than 1u. After testing, there is currently a delay in Glaxe obtaining transaction data, and the task submission may not be completed immediately after completion. Please wait patiently for Glaxe's official update data to receive it.

Return estimate

Lista DAO raised US$10 million, and investment institutions include Binance Labs and other influential Web3 Capital. The outside world has relatively high expectations and valuations for Lista DAO.

Calculated based on a conservative initial circulation market value of US$50 million (the actual market value may be higher), the total points of Quest 6 in the first phase of the airdrop activity are approximately 3500M, and the rewards account for 0.2% of the total tokens. APX has the highest efficiency in obtaining points. , we can roughly think that all trading volume is generated by APX, that is, every 3,500 points in the first stage corresponds to a token reward of 1 US dollar (here refers to the cost price), and if we open a long-short hedging order, , then there is no need to consider the fluctuation of the underlying price, at this time we only need to consider the cost of the transaction.

In this event, Lista DAO gave 0.3% of the tokens, equivalent to 1.5 million US dollars, which is close to 2333 points corresponding to 1 US dollar transaction. The main cost of APX transactions is the gas fee for opening and closing smart contracts, which total approximately $0.92. Since the gas fees for executing contracts on the chain when opening and closing positions are fixed, for participants, the higher the value of each transaction, the lower the corresponding cost, and the higher the rate of return.

Through calculation, we can know that we only need to open a position with a value of more than 2146u on APX to make money. If the opening value of each position is 200 times, then we only need 10.8u of funds for each opening position. Considering that if the total amount of funds involved in the third stage increases, the cost will also increase. It is more suitable for the minimum opening value of each transaction to exceed 4000u. According to the 200 times leverage ratio, the minimum capital for each transaction is roughly around 21u. This threshold is also relatively low. By trading on APX with less capital, you can bet on the Lista DAO airdrop, which is very cost-effective.​

If you participate in all APX official activities and meet the requirements, there will be additional APX rewards. APX is currently a currency with low market capitalization and high odds. Coupled with the rising currency prices in the bull market, it can even cover the wear and tear of opening a lisUSD position, which is equivalent to obtaining an airdrop of Lista DAO at zero cost.