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Log in to your Binance app and click on the “Wallets” section. Go to “Web3”.
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To fund your wallet, click on “receive”. If you are transferring funds from your binance account, click on “transfer in”.
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Select the Coin to transfer, which will be BNB in this case, and choose the BNB smart chain (BEP-20) network to transfer your funds through.
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Select the amount of BNB that you would like to transfer into your Binance Web3 wallet, and click withdraw. Note: To qualify for Lista DAO’s “The Drop” campaign, a minimum of 0.01 BNB is required to be liquid staked into slisBNB.
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Once your wallet has been funded with BNB, the next step is to liquid stake your BNB into slisBNB on Lista DAO.
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Head over to the “Earn” section on the bottom right hand corner.
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You will be redirected to Lista DAO’s landing page in the app. Connect your Binance Web3 wallet, and click on “Stake”.
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Input the amount of BNB you would like to liquid stake on Lista. Remember to leave some BNB behind for gas!
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Confirm the transaction, and a notification will appear once your BNB has been liquid staked on Lista DAO.
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Once the transaction has been confirmed, you have completed the task
- To unstake BNB on Lista DAO, navigate to the Lista DAO page by following the instructions given in step 2. (from instruction 1 to 4).
- Connect your Binance Web3 Wallet and click on “Stake BNB”.
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- Head over to the unstaking section by clicking on the “unstake”, and input the amount of BNB you would like to withdraw/unstake, and confirm the transaction. Take note: There will be a 7-15 days unstaking period.
- Once the withdrawal transaction has been confirmed, you can monitor the status of your withdrawal under the “withdrawal section” here.
Once the transaction has been confirmed, you are done!
