Manta Network (MANTA) Collaborates With BONK For Meme-ta Season
The largest meme community, BONK, and the leading Modular Layer 2 platform, Manta Network, have announced a strategic partnership to kickstart the Meme-ta season on Manta Pacific. This collaboration aims to build and expand an interconnected meme community, offering participants the opportunity to earn MANTA rewards through various programs.
What Brings Us Together?
According to a recent announcement on the Manta Network Medium page, the Meme-ta season will be spearheaded by BONK. This cross-ecosystem collaboration marks a significant milestone in fostering a unified meme culture on the Manta Pacific platform.
Participants, referred to as BONKers and Mantalorians, can earn MANTA rewards through two primary programs: Dual Citizenship and Active Participant Rewards.
Dual Citizenship Rewards
The Dual Citizenship Rewards program targets active members of both the BONK and Manta communities. Eligible participants can earn rewards from a pool of up to 690,000 MANTA. To qualify, members need to:
- Stake a minimum of 1 million BONK tokens via the BONK Rewards Program.
- Hold any amount of ETH or MANTA in their Manta Pacific wallet.
Eligibility can be verified on the BONK Manta Network page. Reward calculations will use multipliers based on the staking duration: 1 for 1 month, 1.4 for 3 months, and 2 for 6 months. Eligible participants can start checking their status on July 10, 2024, at 10 PM SGT, with a 30-day window to claim their rewards.
Active Participant Rewards
In addition to Dual Citizenship Rewards, Manta Network will allocate extra MANTA rewards for BONKers who engage in various on-chain activities within the Manta Pacific ecosystem. The more participants engage, the higher their MANTA reward allocation will be. Activities include:
- Earning VIP status and trading on the native Manta meme DEX, Gull Network.
- Playing exclusive BONK x Manta games created by Elfin Games.
- Participating in exciting memecoin launches.
About Manta Network
Manta Network is a modular blockchain designed for zero-knowledge (ZK) applications. Manta Pacific, its modular L2 ecosystem, supports EVM-native ZK applications and dApps, offering low gas fees and superior user experience. Utilizing Manta’s Universal Circuits for ZK-as-a-Service and Celestia’s data availability, Manta Pacific provides an ideal environment for ZK-enabled applications.
Founded by a team with backgrounds from Harvard, MIT, and Algorand, Manta Network has attracted investments from top web3 funds, including Binance Labs and Polychain Capital. The project has also been part of esteemed web3 accelerators like Alliance DAO and Berkeley Blockchain Xcelerator.
For more information, visit the Manta Network website.
Image source: ShutterstockEther Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Ethereum Lags Behind Bitcoin But Is Expected To Reach $14K, Boosting RCOF To New High
Ethereum struggles to keep up with Bitcoin, but experts predict a rise to $14K, driving RCOF to new highs with AI tools.... Read more
Ripple Mints Another $10.5M RLUSD, Launch This Month?
Ripple has made notable progress in the rollout of its stablecoin, RLUSD, with a recent minting of 10.5… Read more
Bitcoin Miner MARA Acquires Another $551M BTC, Whats Next?
Bitcoin mining firm Marathon Digital Holdings (MARA) has announced a significant milestone in its BTC acquisition strate... Read more