The first phase of Mitosis Booster, which just concluded, achieved an impressive total TVL of over 350M in just seven days. Binance Wallet has launched the second phase of Booster with a larger prize pool today. While earning over 20% APY, do you know that the basic source of revenue for the Booster event is ListaDAO?
(Note: The second phase of the Booster activity is from 2025/8/26 to 2025/9/9, and the prize pool is 1,400,000 US dollars worth of MITO tokens)
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Detailed Explanation of Bonus Distribution
Mitosis Booster's income includes two:
1. Basic APR
When users pledge assets, they will receive maUSDT and miBNB as liquidity tokens.
The original assets are actually pledged to ListaDAO, such as USDT for Lista Lending and BNB for Lista Staking.
At the top of the Booster's pledge page, there is a description of the specific income composition in English.
For example, miBNB's basic revenue comes from Binance Launchpool and Holder Airdrop, which is obtained through Lista Staking. Since there are no new coin activities during the event period, the interest rate will fluctuate greatly.
The basic revenue of maUSDT comes from the liquidity pool revenue of Lista Lending. Relatively speaking, the interest rate fluctuation is more stable, especially when the demand for borrowing increases, the yield will increase upward.
2. Activity Rewards
Different from the above-mentioned basic APR, which is real income, the activity rewards are presented in MITO tokens that have not yet been issued by Mitosis. Although the Booster activity is designed to settle rewards in US dollar value, the specific income effect will still depend on the timing of users selling the tokens.
In addition, this part of the reward is distributed in a sharing manner, so the continuous increase in the total locked-up value will further reduce the reward APY.
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Extended｜The impact of Mitosis Booster on @ListaDAO , a huge increase in TVL?
Here are some interesting data compiled:
ListaDAO's TVL increased from 1.67B on 8/19 to 1.94B, a month-on-month increase of 16%.
The BNB staking amount contributed by Mitosis Booster is approximately equal to 17% of Lista Staking's TVL.
The USDT staking amount contributed by Mitosis Booster is approximately equal to 12% of Lista Lending's TVL.
Perhaps Mitosis Booster is only a short-term activity, but it does not prevent us from discovering the revenue advantages of ListaDAO.
In fact, ListaDAO is already the largest protocol on the BSC chain. Recently, it has also made frequent moves, including token destruction, USD1 market monopoly, TVL breaking new highs, etc. If your funds are mainly on the BSC chain, you can still make good use of ListaDAO to earn income!
If I have time these few days, I should write about ListaDAO's USD1 market monopoly advantage, after all, WLFI is coming soon.
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Summary
This article will briefly introduce the source and composition of Mitosis Booster's income, and know how much the activity helps ListaDAO itself.
From the perspective of new stock issuance, Mitosis Booster can be regarded as a chip given by the project party to Binance Wallet users in exchange for possible listings such as Binance main site or Binance Alpha.
In any case, the yield will be more attractive than Mitosis' own long-term deposit interest rate.
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*The above content does not constitute investment advice. Users should operate according to their own risk tolerance and participate in the investment market cautiously DYOR.
*Attached pictures are taken from Binance Wallet, ListaDAO, and DeFiLlama
#ListaDAO领跑USD1链上流动性 #BinanceWallet #MitosisBooster #ListaDao $LISTA $BNB