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π [Early LISA Airdrop] Beginner's Guide - Early Bird Gets the Worm, STX Holders Must Participate [Bitcoin/Ethereum/NFT]
Post summarized by durumis AI
- LISA is a liquidity staking project based on Stacks, where you can deposit STX to earn LiSTX, and by depositing in the STX/LiSTX pool on ALEX, you can earn points and loot boxes.
- LISA points and loot boxes will be used for future LISA token airdrops, providing an attractive opportunity for Stacks holders.
- While you should be aware that the Stacks network is slow, there is a possibility of improvement through future updates. If you are a long-term Stacks investor, you may want to consider participating.
Hello, SEPOWER Team.
β
Early Stacks Liquidity Staking Project LISA Airdrop!
A money-making opportunity that Stacks holders shouldn't miss.
Just follow the instructions below, it's not difficult, so be sure to participate!
βοΈ Check Points
- Stacks deposit yield farming
- Early Stacks liquidity staking project
- It was only operated for whitelisted users, but now it has just opened to the public.
- Current TVL $11 million
- Only 2100 participants
- Farming Lisa Point and Loot Box
- Based on this, expecting Lisa token airdrop in the future
- Stacks is really, really, really, really slow. You need to be patient when proceeding.
π Understanding the Principle
STX is staked in LISA. In return, you get a collateral certificate called LiSTX (similar to swap).
And ALEX has a 'STX / LiSTX' deposit pool.
Deposit STX and LiSTX there to earn points.
This deposit must be made at a 1:1 ratio, so when you swap STX to LiSTX,
you only need to do 50% to get a 1:1 ratio, right?
Since some gas fees are required here, let's swap after leaving some STX.
ex. If you want to use 1010 STX,
(On the Lisa site) swap 500 STX to LiSTX,
(On the Alex site) deposit 500 STX : 500 LiSTX.
Leave about 10 STX for gas fees
π Bonus Points
- LISA provides a free LiSTX NFT when you deposit Stacks in LISA.
- While holding this NFT, points are boosted by 1.2x
- ALEX airdrops Alex coins when you provide liquidity for STX-LiSTX.
- In addition, points are boosted by 2.5x for each LP token
Therefore, I will introduce how to participate using these methods.
π¨ Additional Notice
Currently, LISA staking waiting time is up to 18 days.
Stacks is really slow to the point of being malicious. It wasn't this bad when I first saw it.
It seems better to swap on ALEX to get LiSTX instead of staking on LISA.
If you swap this way, you won't get the LiSTX 1.2x point boost that you would get if you staked on LISA.
However, if the staking time takes too long, swapping might be more advantageous.
You can check the LISA points you earn by swapping and depositing this way
on the LISA homepage.
It's best to make your own decision!
β‘οΈ How to Participate
1οΈβ£ Access the Lisa site and connect your Stacks wallet.
Go to the link (LISA).
Click Connect Stacks Wallet.
Connect your Stacks Chain wallet ( Xverse or Leather Wallet is recommended).
Click the Points tab at the top and click Bind in 'Bind Referral code ~'.
Enter the Referral code AY62K to complete the 1% point boost condition.
2οΈβ£ Purchase Stacks.
Purchase Stacks (STX) from a foreign exchange.
Transfer it to the Stacks chain wallet connected in step 1.
When withdrawing, make sure to set the Network to 'STX(Stacks)'.
This is because Stacks transfers are extremely slowand can take up to 5 hours.
3οΈβ£ Stake STX to receive LiSTX.
Access the link (LISA).
Enter the amount you want to deposit and click Stack -> Confirm to deposit.
As explained above, stake slightly less than 50% of your STX and swap it to LiSTX.
It takes longer than the time indicated on the homepage.
It can take up to 12 hours, so wait patiently.
Once completed, you can check the LiSTX 1.2x boost in Pending Stacking at the bottom.
4οΈβ£ Provide liquidity to Alex (STX / LiSTX).
Access the link (Alex).
Connect your wallet.
Enter the amount in Add Liquidity and provide liquidity.
- Since you only swapped about 50%, you will deposit STX : LiSTX at a 1:1 ratio.
5οΈβ£ Check Points.
Click Points at the top of the LISA homepage.
You can check your points and loot boxes accumulating.
π Comment
- A great opportunity for those who wanted to do yield farming with altcoins other than BTC/ETH.
- Stacks chain is really slow, so it can be frustrating.
- Stacks is about to undergo a major update called Nakamoto Release.
- With the update, if the speed improves, the future of Stacks may become brighter.
- Those who plan to hold Stacks long-term have absolutely no reason not to participate.