# Strategic Partnership with Lista DAO - Cosmic Adventure Challenge

APX Finance is proud to be an official trading volume partner of Lista DAO's Cosmic Adventure Challenge (CAC). In season 2, APX is a partner under Quest 7. **Trade perps on APX v2 using lisUSD as collateral to earn stardust (airdrop points) and get $LISTA token airdrop.** This guide will teach you how to get more $LISTA even with a small capital.

## CAC Season 2

5th March 00:00 UTC+0 - 15th April 23:59 UTC+0

Read about season 2 of the Cosmic Adventure Challenge here: <https://medium.com/listadao/welcome-to-season-2-of-listas-cosmic-adventure-challenge-9d33bc2c6f84>&#x20;

## How to earn stardust

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FqaxjHjhbavQmiLa6XAfL%2Fimage.png?alt=media&#x26;token=63b86804-d00e-4105-95dd-c83e15d0e2d7" alt=""><figcaption><p>Participating projects in the CAC Quest 7</p></figcaption></figure>

For **Quest 7 - Create lisUSD and slisBNB trading volume**, Lista DAO has allocated 0.3% of $LISTA total allocation (3,000,000 $LISTA). <mark style="background-color:orange;">**This is up from 0.2% in season 1, which means you get to earn more $LISTA in season 2!**</mark>&#x20;

Users will receive 1 stardust based on every $1 of trading volume generated during the period of the challenge. To earn stardust on APX v2, trade perps using lisUSD as collateral.

### 1. Obtain lisUSD

Navigate to [lista.org](https://lista.org/) to mint lisUSD. You will need to deposit BNB, ETH, slisBNB or WBETH to mint lisUSD.

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FNUu05J3Ed0NbJYnhLtGE%2FScreen%20Shot%202024-02-21%20at%2011.34.27%20AM.png?alt=media&#x26;token=19693288-eda0-4b39-b189-3aeea6564b97" alt=""><figcaption></figcaption></figure>

Alternatively, you can buy lisUSD from [PancakeSwap.](https://pancakeswap.finance/)

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FUTXTDzg2wLUSh70R5W0u%2Fimage.png?alt=media&#x26;token=76af79d0-9b0f-4b96-a300-19e4d2c1a44a" alt=""><figcaption></figcaption></figure>

### 2. Trade on APX v2

Navigate to APX v2: <https://www.apollox.finance/en/futures/v2/BTCUSD>.&#x20;

Every 1 USD of trading volume earns you 1 stardust. The more stardust you earn, the more $LISTA tokens you get.

* If you have a capital of 100 USD and you trade with 10x leverage, your trading volume is 1000 USD = 1000 stardust.&#x20;

However, with up to 1001x leverage on APX v2, you can easily earn more stardust.&#x20;

* Assuming a capital of 100 USD and 1001x leverage, your trading volume will be 100,100 USD = 100,100 stardust.

**How to trade**

Select long/short, your preferred trading pair, leverage, TP/SL and choose lisUSD as margin.&#x20;

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FpwHoDQdKvQKenZpBXH1j%2Fimage.png?alt=media&#x26;token=b9bb1fe5-f13d-4db5-95f1-547aa159ade7" alt=""><figcaption></figcaption></figure>

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FqrDrmVq0eLQ2j3AgrZgy%2Fimage.png?alt=media&#x26;token=0acea4ae-203c-484b-9a9a-a006593eade3" alt=""><figcaption></figcaption></figure>

To access higher leverages of up to 1001x, select 'Degen'. Make sure that you select lisUSD as margin.

<figure><img src="https://86643275-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKgTrH6FlpxEZKMS3bN7R%2Fuploads%2FBl40KolPFvujQgWVJtMw%2Fimage.png?alt=media&#x26;token=e594f83c-bbd9-4110-b001-4571da3110fe" alt=""><figcaption></figcaption></figure>

## $LISTA token allocation

This section provides a guide on how many $LISTA tokens you'll get based on your amount of stardust.

In Season 2, Lista DAO will be dividing the 0.3% token allocation into six equal periods. Each period will have an equal 0.05% token allocation. This will help to prevent users from generating large volumes of transactions only on the last day of season 2, mitigating the risks of wash trading.

Period 1: 5 Mar 00:00 UTC+0 to 11 Mar 23:59 UTC+0 \
Period 2: 12 Mar 00:00 UTC+0 to 18 Mar 23:59 UTC+0 \
Period 3: 19 Mar 00:00 UTC+0 to 25 Mar 23:59 UTC+0 \
Period 4: 26 Mar 00:00 UTC+0 to 1 Apr 23:59 UTC+0 \
Period 5: 2 Apr 00:00 UTC+0 to 8 Apr 23:59 UTC+0 \
Period 6: 9 Apr 00:00 UTC+0 to 15 Apr 23:59 UTC+0

Remember, $1 trading volume = 1 stardust. Each participant in Quest 7 can trade a maximum of $10M U

**Formula: (Challenger’s total stardust in the period)/(all challengers’ total stardusts in the period) x (allocation for the period x total no. of LISTA tokens)**

* With a capital of 100 USD and 10x leverage, your trading volume is 1000 USD = 1000 stardust. Assuming that your total stardust is 1000, all challengers' total stardust is 10,000,000:\
  (1000 / 10,000,000) x (0.05% x 1,000,000,000) = 50 $LISTA
* With a capital of 100 USD and 1001x leverage, your trading volume is 100,100 USD = 100,100 stardust. Assuming that your total stardust is 100,100, all challengers' total stardust is 10,000,000:\
  (100,100 / 10,000,000) x (0.05% x 1,000,000,000) = 5,005 $LISTA

Remember to trade in each period to earn more $LISTA!