Summary
Binance Launchpool is offering a free promotion for MANTA, a new cryptocurrency. Users can obtain MANTA for free by depositing Binance Coin (BNB) or FDUSD for staking. The promotion runs for two days, during which a total of 30 million MANTA tokens will be given away. Binance Launchpool will distribute 24 million tokens to the BNB staking pool and 6 million tokens to the FDUSD staking pool. Trading with MANTA will commence on Thursday.
Introduction
Binance Launchpool is supporting the launch of MANTA, a layer-2 solution with a modular design and zero-knowledge proofs (ZK). To participate in the promotion, users must stake BNB and/or FDUSD with Launchpool. The distribution of MANTA tokens will be based on the amount of BNB or FDUSD deposited in relation to the staking pools. MANTA is described as future-proof, with plans to integrate ZK solutions from Polygon and Ethereum Virtual Machine (EVM).
Main Points
- Binance Launchpool is giving away 30 million MANTA tokens, representing 3 percent of the total supply.
- Users can participate by staking BNB and/or FDUSD with Launchpool.
- 24 million MANTA tokens will be distributed to the BNB staking pool, while 6 million tokens will go to the FDUSD staking pool.
- Trading with MANTA will begin on Thursday, with various trading pairs available.
- Binance Launchpool does not charge any fees, and users can withdraw their staked BNB or FDUSD at any time.
Conclusion
MANTA’s selection for Binance Launchpool’s promotion suggests its potential as a promising newcomer in the cryptocurrency market. While MANTA offers unique technological features, its existing position in the decentralized finance (DeFi) space indicates demand. Binance Launchpool provides added value to customers with its fee-free promotion. However, the staking pools for MANTA will only be open until midnight on Wednesday, so users are encouraged to participate promptly.