Mantle is a high-performance Ethereum Layer-2 network built with modular architecture delivering low fees and high security. Using Optimistic Roll-ups, Mantle can “batch-up” transactions and process them off-chain.
This improves its speed and scalability. Mantle is also EVM-compatible. Thus, Solidity developers can port their smart contract skills and existing work over to Mantle with ease. So, this project just got launched in Binance and now is listed in ByBit. Let’s discover how you can get involved with Mantle now.
How to Participate in Mantle’s Launch on ByBit
To get involved in this launch, you need to:
- Sign up for a Bybit Account.
- Buy 100 BIT tokens and hold them in your ByBit account.
- Join the Whitelist Genesis Offering & Public Genesis Offering.
You can read more details here.
📸 $BIT Snapshot will happen on July 5, 12 AM UTC @0xMantle
Hold 100 #BIT to join both Whitelist Genesis Offering & Public Genesis Offering. Here’s your chance to earn up to 2,400 $MNT for free!
Check out the infographic below 👇
Learn more: https://t.co/YIHBrJn2rL#Bybit pic.twitter.com/MBexQ0GE1M
— Bybit (@Bybit_Official) July 3, 2023
In total, there are 5 million free MNT tokens that will be distributed to some launchpad participants. Each winner will receive 200 MNT tokens.
It’s important to mention that users will have more chances to win a spot in Mantle’s launchpad if you:
- Have a VIP subscription to ByBit. This will give users a better allocation.
- Refer people to join MNT ByStarter. You will earn 1000 MNT.
⏰ Time to learn more about what Mantle is all about and the $MNT ByStarter! @0xMantle
Here’s a #MNT Starter Kit, just for you 👇#Bybit #TheCryptoArk https://t.co/ZxqOARzEjT pic.twitter.com/18Gm5KcocY
— Bybit (@Bybit_Official) July 3, 2023
What is Mantle?
Diving deeper into the project, we can uncover some reasons why Mantle is a superior Layer-2 project:
- Reason #1: Having a Decentralized Sequencer
- When a blockchain is supported by a single server, the network is susceptible to downtime. By decentralizing its sequencer, Mantle improves the security and reliability of its chain.
- Reason #2: Uses Multi-Party Computation (MPC)
- Mantle uses MPC to minimize trust risk during data validation. With MPC, nodes can collectively verify block data, while trusting that every other node is honest. This improves security by eliminating single nodes’ points of failure.
- Reason #3: Tapping on Available Modular Data
- With Eigenlayer, Mantle can tap on unused node resources that could have produced more blockspace. Thus, Mantle improves the scalability of its chain without compromising security.
Also, Mantle is developed by a strong team, BitDAO. Aside from technical expertise, Mantle can leverage BitDAO’s strong ecosystem. Some examples include its initiatives like Game7 and EduDAO. Mantle also has a proposed EcoFund of $200 million. These comprise grants for future project teams to build on its blockchain.
Uncovering problems in Rollup design 🌐
Watch Mantle’s Head of Research, @franckDownunder, and Ethereum Engineering Group’s Peter, discuss:
🔌 #Ethereum scalability
🔌 Transaction lifecycle
🔌 Data availability
+ more📺 Watch here: https://t.co/ODbnTzXF6P pic.twitter.com/9DFWDKUSyw
— Mantle (@0xMantle) June 30, 2023
In addition, another key partner of Mantle would be ByBit. ByBit has helped Mantle along its developmental journey. Moreover, ByBit has also committed to supporting Mantle’s ecosystem. This brings us to today’s main topic – The Bybit-Mantle Airdrop Event.
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