Mantle Network airdrop guide: Everything you need to know

In this article, we explore the Mantle Network airdrop and break down the steps you need to take to claim your share of governance tokens. If you’re looking for ways to maximize your participation and secure your rewards, make sure to read through for the full details and strategies to get the most out of this airdrop.

What is Mantle Network?

Mantle Network is an EVM-compatible scaling solution that uses Ethereum’s security while reducing costs and improving efficiency. The network supports Ethereum-based smart contracts and dApps with minimal changes. It achieves scalability by using a modular architecture that combines an optimistic rollup with innovative data availability solutions. This architecture allows for faster and cheaper transactions, especially valuable in the decentralized finance (DeFi) space.

Mantle Network is focused on reducing the typical bottlenecks found in Ethereum by offering high throughput and lower fees, which makes it attractive to developers and users alike. The Mantle ecosystem is continuously growing, and the Mantle Network Airdrop is a key part of attracting more users to engage with the platform. In the world of decentralized technologies, participating in airdrops like this can be a way to earn governance tokens and become a part of shaping the future of the platform.

Why should you participate in the Mantle Network airdrop?

Airdrops in the crypto space are a way for projects to distribute tokens to their early supporters or to create excitement around their launch. Mantle Network’s airdrop is particularly valuable because it offers tokens that will likely play a significant role in the governance and development of the platform. You can gain early access to governance tokens that allow you to participate in key decisions about the future of Mantle Network.

Additionally, this airdrop could provide significant returns if Mantle Network’s ecosystem continues to grow. Many airdrops have historically led to valuable token distributions, especially for early adopters of major projects. Participating in airdrops is a common strategy for users who want to get involved in the DeFi space without needing to make significant upfront investments.

How to become eligible for the Mantle airdrop

To be eligible for the Mantle airdrop, you need to participate in specific activities within the Mantle Network ecosystem. Here’s a breakdown of what you’ll need to do:

1. Stake mETH (Mantle Staked Ether): Users are required to stake ETH on the Mantle Network to obtain mETH. This process is necessary to participate in Mantle’s various activities and earn Powder tokens.
2. Complete daily tasks: By performing specific tasks on Mantle’s partner protocols, you can earn Powder tokens, which will be convertible into COOK tokens (the governance token of Mantle).
3. Refer friends: There’s an opportunity to earn more Powder by inviting others to participate. Each referral can increase your Powder earnings, which means you’ll be able to claim more governance tokens.
4. Complete quests: Mantle has integrated various quests that users can complete to earn additional rewards. These tasks range from simple social media actions to more complex activities that involve deploying capital into the network.

Participation in these activities ensures that you’re maximizing your chances of receiving the airdrop. Mantle’s airdrop is designed to reward active users, so engaging frequently with the network will give you the best chance of earning significant rewards.

Step-by-step guide to claiming the Mantle Network airdrop

Participating in the Mantle airdrop is straightforward. Follow these steps to get involved:

1. Visit the official airdrop page: Head to Mantle Network’s official airdrop page, where all the information regarding tasks, staking, and claims will be listed.
2. Connect your wallet: You’ll need to connect an Ethereum-compatible wallet such as MetaMask to begin. Ensure that your wallet has ETH available for staking, as this is a necessary step for participation.
3. Stake ETH to obtain mETH: Once your wallet is connected, you’ll need to stake ETH to get mETH, which is Mantle’s staked Ether. This is a requirement to start earning Powder tokens.
4. Perform tasks on partner protocols: After obtaining mETH, you can start completing tasks on Mantle’s partner protocols. These tasks will allow you to earn Powder tokens, which will be used to claim COOK tokens.
5. Track your progress: Regularly visit the Mantle dashboard to track your progress in earning Powder tokens and completing additional quests. The more tasks you complete, the more tokens you’ll earn.
6. Claim COOK tokens: At the end of the campaign, Powder tokens can be converted into COOK tokens, the governance token for Mantle. These tokens will give you a stake in the future development of the Mantle Network.

Mantle’s airdrop campaign is expected to last for a specified period, so make sure to check the timeline and deadlines on the official website.

Additional opportunities: Quests and referrals

Mantle Network has designed its airdrop to be more than just a simple token distribution. By introducing quests and referral opportunities, Mantle encourages deeper engagement with its platform.

• Daily quests: Completing daily quests is a simple way to increase your Powder token earnings. These quests range from staking activities to social media engagements like sharing or following Mantle’s official channels.
• Referral program: You can invite your friends to participate in the airdrop, and both of you can benefit from extra Powder tokens. Referrals are a great way to maximize your rewards, especially if you have a large network of friends in the crypto space.

Each task you complete not only brings you closer to earning COOK tokens but also strengthens your involvement in the Mantle Network ecosystem.

Mantle Network’s roadmap and what’s next

Mantle Network has big plans for the future. As part of its roadmap, the platform will continue to expand its governance structure, allowing COOK token holders to have a say in the direction of the network. Future updates are expected to include:

• Liquid restaking token ($cmETH): This new token is expected to bring more flexibility to staking rewards, allowing users to choose between different risk and reward models.
• New protocol integrations: As Mantle Network grows, more decentralized applications (dApps) will be integrated into its ecosystem. This will provide more opportunities for users to earn rewards and use their tokens in various DeFi activities.
• Community governance: With the COOK governance token, users will be able to vote on key decisions, such as protocol upgrades, funding allocations, and more.

By participating in the airdrop, you not only earn tokens but also get a say in the future of the Mantle Network.

Security and risks

While participating in airdrops can be rewarding, it’s important to be cautious of potential scams. Here are some security tips:

• Never Share Your Private Keys: Always ensure you’re using a trusted wallet like MetaMask and never share your private keys with anyone.
• Verify Official Sources: Only interact with the official Mantle Network website and its social media channels. Scammers often create fake websites and social media profiles to steal funds.
• Stay Updated: Follow Mantle Network’s official communication channels to stay informed about any changes to the airdrop or security updates.

By taking these precautions, you can safely participate in the Mantle airdrop without risking your funds or personal information.