What is the “New Paradigm” model?
Manta Network has announced a new model for Layer-2 Manta Pacific “New Paradigm”. This is the first Ethereum Layer-2 solution that provides internal revenue for ETH and stablecoins. Now, users can deposit ETH and USDC, invite friends, and actively participate in the ecosystem to collect Lucky Boxes and win prizes.
Manta Pacific allows users to deposit ETH and stablecoins to maximize efficiency and profits. With more than 100 projects under construction, Manta Pacific has a TVL of more than 30 million USD on its mainnet. Now, Manta Pacific offers a new model to exploit profits intelligently.
New Paradigm allows users to use ETH and naturally yielding stablecoins without the need for Multisignature . Users who deposit assets into Manta New Paradigm will not be able to withdraw funds for 69 days. However, they can use these Token immediately within Manta Pacific's ecosystem.
Project stages
StakeStone and Mountain Protocol are Manta Network's Native yield partners for the Manta Pacific Layer-2 platform. Users can deposit ETH and receive STONE (Stone Ether) on Manta Pacific through StakeStone. STONE generates profits by Stake native ETH on Layer-1. Mountain Protocol, a regulated RWA, allows customers to send USDC and receive wUSDM on Manta Pacific. Manta Pacific Stablecoin monetizes US Treasury Bills.
Manta New Paradigm Partners
Users can convert STONE and wUSDM to cash to earn more coins and incentives from DeFi projects and 100+ other initiatives. The Manta New Paradigm event adds Token prizes, making it appealing to crypto lovers.
Previously, Manta Pacific, announced it was transitioning from Optimism 's OP Stack toolkit to Polygon's CDK. This announcement marks the first step towards full mainnet for Manta Pacific, currently in Mainnet Alpha. More information will be announced later, such as integration with Celestia's data layer (DA) to reduce Gas Price as well as other specifications.
Instructions for participating in receiving Airdrop
Step 1:
Visit the website https://t.co/e5rO0fNq7A and fill in the code or link as required.
You can search for the keyword #mantanewparadigm on X to find the key or get comments from other users.
Step 2:
Make a Bridge of at least 0.01 $ETH (current network fee is fluctuating from 30-50$, you can wait for gas gwei from 20-40 to join).
Step 3:
Make a bridge to $ETH or stablecoin $ USDC to earn more points or use the ref link to introduce.
$MANTA Token will be Airdrop based on Points/NFTs, the project will update details later (currently the Token is not listed, you need to be careful not to be scammed).
New Paradigm's Timeline:
+ Early Access: Bridge to earn yield and Lucky Boxes
+ Lucky Box Opening: Open the lucky boxes to claim rewards
+ Withdrawal Enabled: 69 days afterwards (money will be withdrawn around January)
Also Read details Details here https://twitter.com/MantaNetwork/status/1735268753984864349?s=20
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