Manta Network Airdrop Guide: 50 million tokens up for grabs!
Manta Network, a blockchain platform facilitating the development of zero-knowledge (ZK)-)-enabled applications and decentralized apps (dApps) on Ethereum, has announced a generous airdrop of 50 million Manta tokens. This guide will walk you through the steps to position yourself for the potential Manta Network token airdrop.
Overview of Manta Network:
Manta Network empowers developers to create and deploy ZK-enabled applications and dApps on Ethereum, boasting low fees, high scalability, and developer-friendly features. Manta Pacific, its first EVM-equivalent ZK-application platform, ensures scalability and security through Celestia DA and Polygon zkEVM. Leveraging Manta's Universal Circuits for ZK-as-a-Service and Celestia's data availability for modularity, Manta Network aims to deliver an environment with low gas fees.
Founded by a team of experienced individuals from prestigious institutions such as Harvard, MIT, and Algorand, Manta Network has secured investments from top web3 funds including Binance Labs and Polychain Capital, raising over $60 million from entities like Polychain, Binance Labs, CoinFund, and others.
Does Manta Network Have a Token?
Manta Network will introduce a utility token named $MANTA, expected to be listed in early 2024. This token will serve various purposes within the Manta Network ecosystem, including a rewards mechanism, governance, and mining.
How to Participate in the Manta Network Token Airdrop:
Add Manta Network to MetaMask:
- Log in to your MetaMask wallet and add the Manta Pacific Mainnet Network from Chainlist.
- Click "Connect Wallet" and follow the steps on MetaMask to add the network.
Join the New Paradigm at Manta Network:
- Visit New Paradigm and enter the invite code G2YCS.
- Connect your Twitter account and wallet.
Deposit ETH or USDC to Manta Network:
- Click "Bridge More" on the page, select the desired amount of ETH or USDC, and confirm the transaction on MetaMask.
- Note: Be aware of ETH transaction fees before depositing.
Earn STONE and wUSDM, Along With Box Pieces:
- Within 24 hours of depositing ETH or USDC, you'll receive STONE (yield-bearing ETH) and wUSDM.
- Collect box pieces; 25 pieces form 1 box.
Open Boxes:
- Once you accumulate 25 box pieces, you can open a box to reveal prizes.
Withdraw ETH and USDC:
- Remember, deposited ETH and USDC can only be withdrawn after 69 days.
Bridge ETH to Manta Network Using Orbiter Finance:
- Utilize Orbiter Finance to bridge ETH to Manta Network, preferably from Arbitrum to minimize fees.
Deposit STONE into LayerBank:
- LayerBank, a non-custodial on-chain lending protocol, allows you to deposit STONE and earn 3.6% interest along with potential MANTA rewards.
Follow these steps to position yourself for the Manta Network token airdrop and potentially benefit from this exciting opportunity.