Liquid staking BNB into slisBNB
Step 1: Funding your wallet with BNB
Log in to your Binance app and click on the “Wallets” section. Go to “Web3”.
To fund your wallet, click on “receive”. If you are transferring funds from your binance account, click on “transfer in”.
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.
Select the amount of BNB that you would like to transfer into your Binance 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.
Step 2: Liquid staking BNB into slisBNB on Lista DAO
Once your wallet has been funded with BNB, the next step is to liquid stake your BNB into slisBNB on Lista DAO.
Head over to the “Earn” section on the bottom right hand corner.
Under Lista DAO, click "stake".
You will be redirected to Lista DAO’s landing page in the app. Connect your Binance Wallet, and click on “Stake”.
Input the amount of BNB you would like to liquid stake on Lista. Remember to leave some BNB behind for gas!
Confirm the transaction, and a notification will appear once your BNB has been liquid staked on Lista DAO.
Once the transaction has been confirmed, you have completed the task
How to withdraw/Unstake BNB on Lista DAO
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 Wallet and click on “Stake BNB”.
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!
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