Whether it feels like the bull run is around the corner or not, the Binance Launchpool simply keeps on giving with recurring opportunities in the form of new projects launched. December 2023 brought ACE and NFP cryptocurrency projects, while we are just in January 2024 and we already have AI and XAI cryptocurrency projects launched through the Launchpool. And it seems that the space gets crowdy as we have a new project launching in few hours - MANTA, the modular L2 for ZK applications that is scalable and secure through Celestia DA and Polygon zkEVM (https://manta.network/).
MANTA Launchpool Farming
As we've already got used to it, the MANTA farming will be available against another crypto asset like BNB, but also against a stablecoin which in this case is FDUSD. This should ensure equilibrium during this incipient farming which is a prerequisite of the MANTA token being launched with different trading pairs on Binance. The tokens reserved for this farming event are as following.
- Token Name: Manta (MANTA)
- Max Token Supply: 1,000,000,000 MANTA
- Launchpool Token Rewards: 30,000,000 MANTA (3% of max token supply)
- Initial Circulating Supply: 251,000,000 MANTA (25.1% of max token supply)
- Smart Contract Details: MANTA Token (MANTA)
- Staking Terms: KYC required
- Hourly Hard Cap per User (50,000 MANTA in BNB pool / 12,500 MANTA in FDUSD pool)
MANTA Farming pools and timeline
- Stake BNB: 24,000,000 MANTA in rewards (80%)
- Stake FDUSD: 6,000,000 MANTA in rewards (20%)
- Farming Period: 2024-01-16 00:00 (UTC) to 2024-01-17 23:59 (UTC)
- Binance Trading Start: 2024-01-18 00:00 (UTC)
I must say that as I hold some BNB I always try to participate in the Binance Launchpool events as these can bring few hundred dollars worth of assets. And as these events are more often lately, that is much better. Usually I am trading the farmed tokens after being listed on Binance and exchanging the proceedings to BNB. While this token might seem centralized around Binance, it is still a great asset with use cases on the Binance Smart Chain. And it brings quite a bit of earning opportunities here and there. Not to mention that in a new bull run I foresee that it will surpass its previous ATH, thus no better time to accumulate some more.
Binance MANTA Launchpool: https://launchpad.binance.com/en/launchpool/MANTA_BNB