Mantle Blockchain is a layer-2 chain on the ethereum network. Its a growing ecosystem of dapps which offers low fees and high scalability. Mantle network is supported by 33 Dexes, Exchange Moe , 1delta and Uniswap are the top Dex. Mantle is a one of the top layer-2 chain striving for its excellence.
Mantle network is growing at a rapid pace due to its characteristics that makes it popular. These characteristics are , low fees, high scalability and top level of security. Dapps that are built on mantle are entertained with these characteristics.
Mantle blockchain has its governance token with ticker $MNT used to govern the ecosystem direction. Users holding $MNT tokens decides the direction of the network. Mantle $MNT is currently trading at $0.61. It has an all time high value of $1.54 and lowest of $0.3.
The current price of $MNT is 60% down from all time high value and 100% up from its lowest price. In one year $MNT price is increased by 35%. Mantle is ranked 43 in terms of marketcap according to stats from coingecko. As the system is improving there is still a lot of room to grow. We can see $MNT flying in the altcoin season.
Mantle network has launched an airdrop campaign in collaboration with Binance web3 wallet. The airdrop tasks consists of different quests which needs to be completed in order to qualify for the reward draw.
Users who complete all the quests will be rewarded with $MNT tokens as well as Fish coin which is another token. As the task on mantle chain requires some gas to complete so the first 10,00000 users who join the airdrop first will be rewarded with 0.08 $Mnt which will be enough to complete all the quests.
To make it more clear , Mantle chain uses $MNT token as gas that is why it is taken care that the users get free $MNT to pay fees so that they dont have to worry about the transaction fees. In other words , to transact on mantle chain we require $MNT tokens just like Ethereum blockchain, we need $ETH as gas to interact on ethereum blockchain.
Well, the quests are very easy and requires very less effort and negligible fees which you can get being in the first 1 million user. The quests are as simple as doing daily check-ins and following socials.
Projects run airdrops or quests for the publicity of the project , they reward users with tokens for completing quests which creates hype for the related network which is good for its growth.
I have personally joined this airdrop as i believe that this will bring in some profit. Good thing is that it dont require much effort and we dont have to pay heavy fees to farm it. All it requires is a web3 wallet backed by binance and a few cents of gas which you can get free if you are among the first million users.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
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