Binance has listed Manta (MANTA) as its 44th Launchpool project, marking a step forward for decentralized finance. Manta is a modular Layer 2 (L2) solution designed for ZK applications. The MANTA Launchpool began on January 16, allowing users to stake their BNB and FDUSD for a two-day farming period. The official listing on Binance is scheduled for January 18, with trading opening for the MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY pairs.
The maximum token supply for MANTA is 1,000,000,000 tokens, with a distribution of 3% (30,000,000 tokens) through the Launchpool. The initial circulating supply is 251,000,000 tokens (25.1% of the maximum supply). Participation in the Launchpool requires KYC verification and has hourly hard caps per pool. The farming period runs from January 16 to January 17, offering daily rewards in both the BNB and FDUSD pools.
There are key considerations and eligibility requirements for participating in the Launchpool. Users can request prizes directly on spot accounts at any time. Exclusive participation benefits are available for BNB Vault and Locked Products users. Certain countries are excluded from participation due to residency restrictions and legal considerations.
In conclusion, the listing of Manta on Binance Launchpool is a significant development in decentralized finance. With its innovative Layer 2 solution and attractive token rewards, Manta offers participants an exciting opportunity. The token distribution and daily rewards highlight the strategic approach of the project. For more information about Manta, visit the official project page. This listing not only presents an investment opportunity but also pushes the cryptocurrency landscape towards greater efficiency and scalability.
Hot Take: Binance Lists Manta (MANTA) as Its 44th Launchpool Project
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