Manta New Paradigm - Airdrop (Thread)
Time's ticking ⏳
#MantaNewParadigm is available for the next few days ONLY
You don't want to sit this one out @MantaNetwork
It's time to ACT
https://newparadigm.manta.network?inviteCode=XBAR6
Read the thread for all the details ✍️
1/
@MantaNetwork
- First ETH L2 on @CelestiaOrg
- Offering users an airdrop to bridge
- Bridge ETH/USDC to Manta from ETH Mainnet for eligibility
Bridging into #MantaNewParadigm gets you an exclusive NFT (some already selling at $1500+)
2/
Prerequisites
- Metamask (or equivalent) Wallet
- USDC and/ ETH
- ETH for gas
3/
What's the play?
- Send ETH/USDC from the Mainnet to Manta
- Receive STONE/wUSDM tokens in return
- Tokens help to earn Boxes
- Claim MANTA token rewards with NFTs from the Boxes
Plus, STONE generates yield as well
4/
Steps to follow
- Use my code
- Connect Twitter
- Connect Wallet
- Sign the request
Voila! You're all set up to deposit
5/
$STONE
- Will reflect in your wallet within 24 hours
- Use STONE to farm within Manta Pacific L2
- After 69 days you can withdraw ETH back from STONE (1:1)
6/
Add $STONE/$wUSDM to Metamask
- Ensure you're on Manta in MM, click 'import tokens'
- Add STONE's contract address (0xec901da9c68e90798bbbb74c11406a32a70652c3")
- Add wUSDM's contract address (0xbdAd407F77f44F7Da6684B416b1951ECa461FB07)
- Click 'next' and 'import'
7/
What to do with $STONE?
Maximize your holdings to earn additional #MANTA
Head to @LayerBankFi
https://manta.layerbank.finance/bank
- Supply $STONE and earn 0.15 MANTA points per USD every 6 hours
- Additionally, you could borrow against your deposit (0.6 points per $1 borrowed)
8/
Other plays for $STONE/$wUSDM on the Manta ecosystem
Head to
quickswap.exchange/#/ or
https://pacificswap.xyz
- Swap $STONE and $wUSDM
- Provide $STONE and $uUSDM LPs
9/
Explore other projects
@ShoebillFinance for
- Supplying $STONE and $wUSDM
- Borrowing $STONE and $wUSDM
@izumi_Finance for
- Swap $STONE and $wUSDM
- Placing $STONE and $wUSDM Limit Order
- $ASM/$STONE Farm
10/
Bonus Play
STONE is trading at roughly a 10% discount to ETH atm
Users can profit from this arbitrage opportunity by buying STONE directly on Manta
However, the gain will only be from arbitrage and not farming rewards on Paradigm
11/
It's crazy how this thing is blowing up
Two weeks of #NewParadigm
$380m TVL, 102k+ participants
NFTs have soared to $1600 already
Trade on Element
https://element.market/collections/modular-nft
12/
$MANTA Reward Distribution Disclosed
30M $MANTA for 6 Unique NFTs
15M $MANTA for First Modular L2 NFT
4.2M $MANTA for DeFi projects supporting $STONE/$wUSDM
800K $MANTA for users of partner wallets @okxweb3, @TrustWallet, @BitgetWallet, @Bybit_Web3
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