MantleSwap is a decentralized exchange built on the Mantle Network, an Ethereum Layer-2 protocol developed by BitDAO, one of the largest DAOs and a partner of Bybit. The MantleSwap Incentivized Testnet recently launched, and early users could potentially earn token airdrops in the future!
MantleSwap ($MANT) Token Airdrop Step-by-Step Guide
Here’s how to get the MantleSwap ($MANT) token airdrop:
- Claim Goerli ETH from Faucets
- Add Mantle Testnet to MetaMask
- Mint $BIT Test Tokens
- Bridge $BIT to Mantle Testnet
- Claim Test Stablecoins at MantleSwap Testnet
- Swap Tokens
- Provide Liquidity
- Complete Zealy Tasks
See below for more in-depth details!
What is MantleSwap?
MantleSwap is the premier decentralized exchange (DEX) built on the Mantle Network. It offers a suite of DeFi products for Mantle users, including an automated market maker (AMM) exchange, staking services, launchpads, lending, and GameFi.
At its core, Mantle Network is a technology stack for scaling Ethereum and EVM-compatible blockchains. Mantle has been built with a modular architecture that uses an optimistic rollup with data availability solutions. This allows Mantle to inherit security from Ethereum and offer cheaper and more accessible data availability.
Does MantleSwap Have a Token?
Yes, MantleSwap plans to launch its native token $MANT. Details of its tokenomics, emissions rate, and contract address will be announced soon.
Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop. They encourage community members to interact with the incentivized testnet and stress-test the network.
How to Get the MantleSwap ($MANT) Token Airdrop?
The best way to get the $MANT token airdrop is to interact with the MantleSwap Incentivized Testnet. These steps are also part of the Mantle Network ($BIT) token airdrop steps, which means you can potentially earn double the rewards! Here’s a step-by-step guide:
- Claim Goerli ETH from Faucets
You will need Goerli ETH to mint $BIT test tokens and bridge them to Mantle Testnet. You can use the Alchemy Faucet or Goerli PoW Faucet.
- Add Mantle Testnet to MetaMask
Add Mantle Testnet to your MetaMask wallet via ChainList.
- Mint $BIT Test Tokens
Mint $BIT test tokens at the Mantle Testnet Faucet. The network is on Goerli Testnet.
- Bridge $BIT to Mantle Testnet
Go to the Mantle Testnet Bridge, and transfer your $BIT from Goerli to Mantle Testnet. This process might take a while.
- Claim Test Stablecoins at MantleSwap Testnet
You can use your $BIT to claim more test tokens at MantleSwap’s faucet.
- Swap Tokens
Use the Swap feature, and swap some $BIT to $MANT. You can also swap between other available tokens.
- Provide Liquidity
On the Swap page, click the Liquidity tab and deposit a token pair to provide liquidity. You can see your liquidity positions at the Pool page.
You can also deposit liquidity into a stablecoin pool. - Complete Zealy Tasks
Join and complete Zealy tasks to unlock roles at MantleSwap’s Discord. These roles can help you earn more rewards in the future!
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Although MantleSwap has not yet officially announced a token airdrop, it is typical for incentivized testnets to reward early users upon the launch of the native token. Additionally, the MantleSwap team has hinted on Discord at a potential $MANT airdrop.
Airdropped Token Allocation: The airdropped token allocation is yet to be announced.
Airdrop Difficulty: Simply claim $BIT test tokens and bridge them to Mantle Testnet. Swap tokens and provide liquidity at MantleSwap as frequently as you can.
Token Utility: The MantleSwap team will soon publish details about the utilities of $MANT.
Token Lockup: There is no tokenomics yet.
