In the fast-evolving world of cryptocurrencies, airdrops have become an increasingly popular way for projects to distribute their tokens to the community. One such exciting opportunity is the Mantle Network Airdrop. In this article, we will explore the concept of the Mantle Network Airdrop, how to participate, and the benefits it offers to crypto enthusiasts.
Mantle Network is a high-performance Ethereum layer-2 network built with modular architecture delivering low fees and high security. It is developed by BitDAO, one of the largest decentralized autonomous organizations (DAOs) and a partner of Bybit
The Mantle token ($BIT) is the unified token for products, governance, and treasury. In this article, we will provide a step-by-step guide on how to potentially receive $BIT airdrops from Mantle Network.
What is Mantle Network?
Mantle Network is an Ethereum Layer-2 protocol developed by BitDAO that focuses on enhancing security, reducing fees, and increasing scalability. It is built with a modular architecture, allowing developers to create dApps with exceptional UX while relying on Ethereum’s security. Mantle Network is currently in the testnet phase, and they have received a big investment from their own BitDAO treasury and other strategic venture partners, totalling around $200 million.
Mantle Network Airdrop Step-by-step Guide
Here’s how to receive a potential Mantle Network ($BIT) airdrop:
- Add Goerli to MetaMask
- Claim Goerli ETH from Faucet
- Claim Testnet $BIT from Mantle Faucet
- Connect Mantle Testnet to MetaMask
- Bridge Assets from Goerli to Mantle Testnet
- Complete Mantle Quests on Crew3
- Join the Mantle Guild
- Use MantleSwap
How to Receive $BIT Airdrops from Mantle Network Airdrop?
If BitDAO approves an airdrop of $BIT for the Mantle community, interacting with the Mantle testnet is the best way to receive them. Here’s a step-by-step guide:
Add Goerli to MetaMask
If you don’t have the Goerli network on your MetaMask, you can add it via Chainlist.
Claim Goerli ETH from Faucet
You will need some Goerli testnet ETH to cover gas fees. If you don’t have any, use the Paradigm Faucet or Alchemy Faucet.
Claim Testnet $BIT from Mantle Faucet
Connect your wallet to the Mantle Faucet. Verify your Twitter and paste your wallet address. You can mint up to 1,000 $BIT testnet tokens.
If you don’t see $BIT in your wallet, click “Import Token” and paste the following $BIT token contract address: 0x4CAD0c012e3E438d29E2E109Ab572BD7F22aaeA8
Connect Mantle Testnet to MetaMask
Add Mantle Testnet to MetaMask via Chainlist.
Bridge Assets from Goerli to Mantle Testnet
Use the Mantle Bridge to transfer Goerli ETH and testnet $BIT to the Mantle Testnet.
Switch the network to the Mantle Testnet. Import the token contract address of Goerli ETH, which will be shown as WETH on Mantle: 0x4CAD0c012e3E438d29E2E109Ab572BD7F22aaeA8
Complete Mantle Quests on Crew3
Complete as many Crew3 quests as possible to get exclusive Discord roles. This could also be an eligibility criterion for the airdrop.
Join the Mantle Guild
You can also complete other quests on guild.xyz/mantle to obtain additional roles such as the BIT Delegate. For that, you will need to buy and hold at least 10 real $BIT, delegate them to your ETH address on delegate.bitdaotools.io, and vote on at least on BIT Improvement proposal (BIP) in the bitdao.eth Snapshot space.
Similar to the Crew3 tasks, it is not mandatory but it could help your chances of getting the airdrop.
Use MantleSwap
Swap tokens and provide liquidity on MantleSwap Testnet. It is the premier DEX on Mantle Network, and we have a full guide on how to use the protocol.
MantleSwap will also be conducting its own airdrops, which means you can potentially earn double the rewards!
Does Mantle Network have a Token?
Yes, Mantle Network has a token called $BIT, which is the unified token for products, governance, and treasury3. It is used to pay for transactions, support Mantle projects, and reward those that stake5. The token’s official name, ticker symbol, design, conversion mechanisms, and channels will be announced and revealed soon6.
What is the $BIT Token?
The $BIT token is the native token of Mantle Network. It is used for governance, staking, and transaction fees1. It is also used to reward users who participate in the Mantle Network community incentive program. The token is currently in the transition period from $BIT to $MNT, as per BIP-213.
Mantle Network Airdrop Review
Mantle Network is currently in the testnet phase, and they have not yet announced any official airdrops. However, they have expressed that with the use of their native token, the community can be rewarded for participation and contribution to the network. By participating in the Mantle Network community incentive program and holding $BIT tokens, you may potentially receive $BIT airdrops.
It is important to do your own research and never invest more than you can afford to lose.In conclusion, Mantle Network is a promising Ethereum layer-2 protocol developed by BitDAO. By following the steps outlined in this guide, you may potentially receive $BIT airdrops from Mantle Network. However, it is important to note that these steps do not guarantee that you will receive airdrops. Always do your own research and invest wisely.