Binance has recently announced its 44th project on Binance Launchpool: Manta (MANTA). Let’s explore what Manta is all about and how you can participate.
What Is Manta (MANTA)?
- Manta (MANTA) is a modular Layer-2 (L2) blockchain designed for ZK (Zero-Knowledge) applications. It aims to enhance scalability and privacy for decentralized applications (dApps).
- With Manta, users can seamlessly interact with blockchain technology without compromising on security or performance.
How Does Manta Launchpool Work?
- Staking Pools: During the two-day farming period, users can stake their BNB and FDUSD tokens into separate pools.
- MANTA Token Rewards: By participating in the Launchpool, users can farm MANTA tokens. A total of 30,000,000 MANTA (which accounts for 3% of the max token supply) will be distributed to participants.
- Farming Period: The farming period starts from 2024-01-16 00:00 (UTC) and ends on 2024-01-17 23:59 (UTC).
- Listing and Trading: Binance will list MANTA on 2024-01-18 10:00 (UTC). Trading pairs will include MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY.
Key Details:
- Max Token Supply: 1,000,000,000 MANTA
- Initial Circulating Supply: 251,000,000 MANTA (approximately 25.1% of the max token supply)
- Staking Terms: KYC required
- Hourly Hard Cap per User:
- 50,000 MANTA in BNB pool
- 12,500 MANTA in FDUSD pool
Where to Learn More:
- Website: Manta Network
- Whitepaper: The Manta Pacific Roadmap
- Twitter: Manta Network
- Medium: Manta Network
- Telegram: Manta Network Official
- Discord: Manta Network
Remember, snapshots of user balances and total pool balances will be taken multiple times each hour to calculate rewards. Get ready to dive into the Manta ecosystem and explore the possibilities! 🚀🔍
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice. Always do your due diligence before investing in any cryptocurrency.