Discussing the valuation issue of Listapie $LTP 👇

Penpie controls 33.99% of vePENDLE, with $PNP fdv being 1.8% of $PENDLE.

Cakepie controls 51.58% of veCAKE, with $CKP fdv being 7% of $CAKE.

(Data source: https://www.defiwars.xyz/wars)

The difference causing this disparity is that in Pendle Wars, besides Penpie, there are also Equilibria and Stake DAO, which together control about 24% of vePENDLE, while Cakepie is essentially the sole player.

Additionally, $CKP initially came from Pancake IFO, reaching a broader user base, and recently it was listed on Binance alpha.

Listapie is currently the only participant in Lista Wars, controlling 18.98% of veLISTA, and as a new force in the BNB Chain ecosystem, it has strong expectations for being listed on Binance alpha.

Given that $LISTA fdv is $422M:

2%: $LTP fvd is $7.5M

7%: $LTP fvd is $29M

Finally, let's talk about how to participate.

First, participate in the upcoming IDO. According to previous records, Magpie ecosystem IDOs rarely incur losses.

Second, the second season airdrop, mLISTA users will receive an airdrop reward of 2% of the total LTP supply, which is 200,000 LTP.

Based on an FDV of $20 million, the total airdrop reward is valued at $400,000.

Participation link: https://www.lista.magpiexyz.io/stake

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