Day 20-24 // Unveiling the Manta Network Airdrop

Today, we're stepping into the dynamic world of Manta Network, a blockchain platform empowering developers to create zero-knowledge (ZK)-enabled applications and dApps on Ethereum. What's more exciting? Manta Network has announced a potential airdrop, with a staggering 50 million MANTA tokens up for grabs. Let's embark on a step-by-step guide to position yourself for this thrilling opportunity!


Manta Network Airdrop Step-by-Step Guide
What is Manta Network?
Manta Network allows developers to build and deploy ZK-enabled applications on Ethereum, offering low fees, high scalability, and developer-friendly features. Manta Pacific, their revolutionary EVM-equivalent ZK-application platform, ensures scalability and security through Celestia DA and Polygon zkEVM.

Does Manta Network have a token?
Yes, Manta Network plans to introduce a utility token named $MANTA, slated for use in rewards mechanisms, governance, and mining. While not yet listed, it's anticipated to make its debut in early 2024.


How to get a potential Manta Network ($MANTA) token airdrop?
1. Join the New Paradigm at Manta Network:
I have an invite for you if needed!
2. Deposit ETH or USDC to Manta Network:
Click “Deposit” on the left-hand side of the page, select your desired amount, and confirm the transaction on MetaMask.
3. Open Boxes:
Upon depositing, you'll receive STONE and wUSDM. Accumulate box pieces to open boxes containing NFTs. Gathering 25 box pieces also makes you eligible for potential airdrops.
4. Withdraw ETH and USDC:
Note that deposited ETH and USDC can be withdrawn only after 69 days.
5. Supply STONE into LayerBank:
Utilize LayerBank, a non-custodial on-chain lending protocol. Deposit STONE, earn 3.6% Base APR, LAB APY, and eventually MANTA APY.
6. Bonus: Borrow Ethereum on LayerBank and Bridge Again:
By supplying STONE on LayerBank, borrow ETH, transfer it off-chain, and bridge back to Manta Network.

Confirmed 50 million MANTA tokens allocated.
Airdrop Difficulty:
Requires participants to bridge and deposit assets, manageable for those familiar with DeFi.

Token Utility:
MANTA token serves utility in rewards, governance, and mining.

Token Lockup:
No information available on token lockup.

Frequently Asked Questions (FAQs):

1. Visibility of Manta Network Boxes or STONE Tokens:
2. Ensure you are on the Manta Network on MetaMask and have Ethereum on the Manta Network for transaction fees.
3. Manta Invite Code: please, ask in comments
4. Best Way to Bridge to Manta Network:
5. Utilize Arbitrum Network via MetaMask and Orbiter Finance for cost-effective bridging.
6. Manta Network Bridging and Box Rewards End Date:
7. Expected to conclude in January 2024.
8. STONE and wUSDM Rewards Delay:
9. Check the Manta Pacific Explorer and ensure tokens are added to MetaMask.
10. Difference Between Depositing and Bridging:
11. Depositing via New Paradigm qualifies for the Manta Network airdrop, while other protocols like Orbiter Finance may position you for additional potential airdrops.

As we navigate through the evolving crypto landscape, Manta Network's airdrop presents a compelling opportunity. Stay tuned for more updates and insights as we continue to unravel the complexities and opportunities within the dynamic world of decentralized finance.