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Manta Network is a zero-knowledge ecosystem with Manta Atlantic and Manta Pacific, providing programmable web3 identities and credentials through zkSBTs and a scalable, affordable gas-fee environment.
Currently in Mainnet, the protocol raised $28.80 Million funding from several venture capitalist, such as Polychain Capital and Binance Lab.
They have recently launched Manta Paradigm, a competitor to Blast Layer 2, offers native yield for ETH and stablecoins.
NOTE: Manta Paradigm is not useful for small tier users, better to avoid.
This content is not sponsored; I am an independent writer who has no association to Manta Network.
Only make investments with funds you are ready to take risks.
In this article, we guide you how to use Manta New Paradigm and provide its reward structure according to Manta documentation.
IMPORTANT INFORMATIONS ON REWARD STRUCTURE:
- Total Rewards: 50,000,000 (5% of MANTA token supply)
- Total Users: 25000+ (Will change daily)
- Check user stats: https://dune.com/hashed_official/manta-pacific
- Extra points, if you stake liquid token on Manta based projects
- For more information: https://newparadigm.manta.network/about
SIGN UP FOR MANTA PARADIGM:
- Understand that Manta Paradigm only support invite only access.
- You can get some invite code using here: https://bit.ly/4auLoRJ
- If you want more join our Telegram community
- Connect wallet and authenticate Twitter
BRIDGE ETH OR USDC FROM ETHEREUM:
- Manta uses Trustlab Mediascore for Sybil identification, which means you have used Manta Pacific before and have good score.
- If you are eligible, it shows a dashboard like the below image.
- You need to deposit minimum 0.25 ETH or 600 worth of USDC to get STONE or wUSDM. Moreovers, point boxes.
- Enter Amount in USDC or ETH and Click DEPOSIT button
- You need deposit from Ethereum mainnet, so only use network if the GWEI is under 30.
- You can check GWEI here: https://etherscan.io/gastracker
- You can view Points and Deposited Amount from Paradigm Dashboard like shown below
You can also stake STONE and wUSDM on different protocols that uses Manta Pacific L2. we will update projects here soon.
That’s all for today!
There are many more to come. Stay Tuned! Follow Medium for more articles on alphas.
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