Introduction to Manta Network
Manta Network emerges as a dynamic modular Layer 2 (L2) solution on Ethereum, designed to empower Zero-Knowledge (ZK) applications with attributes like low fees, high scalability, and developer-friendly features.
Enjoying substantial support from notable investors such as Polychain, Binance Labs, and LayerZero Labs, Manta Network recently secured a significant $60 million investment from Polychain and Binance Labs. Accompanying this milestone is the launch of #MantaNewParadigm, introducing a groundbreaking method of earning native on-chain yield on a fully functional L2, drawing parallels with the concepts introduced by Blast but with a quicker launch and withdrawal process.
What is MantaNewParadigm?
MantaNewParadigm represents a fresh avenue for securing native on-chain yield on a robust L2 infrastructure, aligning itself with the efficiency demonstrated by Blast. The initiative boasts an accelerated launch and withdrawal mechanism, setting it apart in the evolving landscape of L2 solutions. Notably, Manta Network initially pursued development on Polkadot but opted for a strategic shift to Ethereum in the current year.
Navigating the Early Access Phase
As of now, everything within the MantaNewParadigm ecosystem resides in Early Access and operates on an invitation-only basis. To participate, an invite code is a prerequisite. But I have it for you of course.
How the airdrop works?
Open the page newparadigm.manta.network page. Use my invite code DQCIA.
Connect your Twitter account and Ethereum wallet, I advice using MetaMask.
Bridge minimum of 0,25 ETH or/and USDC from Ethereum L1. The gas fees are pretty high, so you can pay around 40$ worth of ETH.
You will receive special boxes for your previous activity on other L2s, be it Linea, Base or zkSync.
More you bridge, higher the airdrop will be.
The Airdrop Mechanics and Timeline
The Manta New Paradigm airdrop introduces a rewarding experience for participants. Bridging ETH or USDC unlocks STONE tokens and lucky boxes, with eligibility verified during the registration process. Additional rewards are attributed to bridging higher amounts and successful referrals.
Participants can claim their rewards by January, and a withdrawal window opens after 69 days. Even if eligibility for the initial airdrop is not met, depositing ETH/USDC and inviting others ensures participants receive further rewards.
Embrace Manta Network's Pioneering L2 Opportunity
Don't let the chance slip by to join Manta Network, a pioneering native yield L2 that stands as a live and functional entity. Positioned as one of the most promising and innovative DeFi protocols on Ethereum, Manta Network beckons users to contribute to its growth and development. Engaging with the airdrop not only demonstrates support for the project's evolution but also secures a stake in its future rewards.
PS. Already $100M worth ETH/USDT locked in Manta L2!