🪂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
How to earn stardust
For Quest 7 - Create lisUSD and slisBNB trading volume, Lista DAO has allocated 0.3% of $LISTA total allocation (3,000,000 $LISTA). This is up from 0.2% in season 1, which means you get to earn more $LISTA in season 2!
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 to mint lisUSD. You will need to deposit BNB, ETH, slisBNB or WBETH to mint lisUSD.
Alternatively, you can buy lisUSD from PancakeSwap.
2. Trade on APX v2
Navigate to APX v2: https://www.apollox.finance/en/futures/v2/BTCUSD.
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.
However, with up to 1001x leverage on APX v2, you can easily earn more stardust.
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.
To access higher leverages of up to 1001x, select 'Degen'. Make sure that you select lisUSD as margin.
$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!
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