Mantle Ecosystem Spotlight: Exploring the Latest Opportunites

10/11/248 min read

Mantleby Mantle

DeFi

Ecosystem

Gaming

Web3

Mantle Ecosystem Spotlight: Exploring the Latest Opportunites

It's been a busy time for Mantle and our ecosystem allies, with no shortage of developments across the ecosystem. If you feel like you've missed out on any opportunities, don't worry — this blog has you covered. We'll walk you through all the recent updates and initiatives in Mantle's thriving orbit. From the latest campaigns to yield-bearing opportunities, we'll keep you up to speed on everything happening in our Super Ecosystem. Discover how Mantle is building a sustainable hub for DeFi, gaming, and more!

Get Started: Essential Links for Exploring Mantle's Ecosystem

Before diving into the latest ecosystem initiatives, it's essential that users have access to all the necessary resources to fully take advantage of the opportunities available. Here's a helpful list to guide you:

Remember, you can access a variety of Mantle DEXs to get your hands on a range of assets within Mantle Ecosystem, which will also help you take advantage of some of the initiatives we're about to discuss. Visit here for the complete list of Mantle DEXs.

What's Next for mETH Protocol: Continuing Its Development

Although Season 1: Methamorphosis has come to an end, things are just getting started for mETH Protocol. Over the past year, $mETH has become widely adopted across multiple DeFi platforms, allowing users to earn Ethereum Proof-of-Stake (PoS) rewards while maximizing capital efficiency. This momentum has spread across both Ethereum and Mantle networks. Here's what you can expect to see soon:

  • The introduction of $cmETH and restaking on Mantle.
  • $COOK TGE.
  • The start of Season 2: Methamorphosis.

To stay updated on the latest developments, make sure to follow the official mETH Protocol account on X/Twitter here.

Accumulate Sparks With $FBTC

With the BTCFi space heating up, the Ignition team has launched their Sparkle Campaign, where eligible $FBTC positions can now earn Sparks — Ignition's points-inspired rewards that track user contributions to the $FBTC ecosystem. Since its launch on July 12, 2024, $FBTC has grown rapidly from $31M in TVL to $250M in just 11 weeks. Integrated across 30+ consumer apps, $FBTC allows Bitcoiners to earn yield by using it as collateral, providing liquidity, or staking it.

$FBTC holders can stack Sparks within Mantle Ecosystem by providing liquidity on AGNI Finance and Merchant Moe, or by depositing on INIT Capital or Lendle.

  • Provide Liquidity to Merchant Moe's incentivized FBTC/mETH pool for 4x Sparks per 0.001 FBTC daily.
  • Provide Liquidity to AGNI's incentivized FBTC/mETH pool for 4x Sparks per 0.001 FBTC daily.
  • Deposit on Lendle to build 4x Sparks per 0.001 FBTC daily.
  • Deposit on INIT Capital to build 4x Sparks per 0.001 FBTC daily.

Users that adopt looping strategies will be leveraged long on the asset they are looping and run the risk of liquidation. Please ensure you understand the risks associated with looping and manage your risk accordingly.

For more information regarding the Sparkle Campaign, visit here. Users can now track their Sparks earnings on the all-new Sparks dashboard.

With more development expected in the near future, we recommend you follow the Ignition team on X/Twitter to ensure you don't miss a thing.

5000 $MNT Up for Grabs: Claim Your Slice With AGNI Finance

To celebrate AGNI's participation in the DEX WAVE with Bybit Wallet, AGNI is offering even more rewards for the community! With 5000 $MNT up for grabs, it's the perfect opportunity to grow your $MNT stack.

Event period: Oct. 1, 2024 - Oct. 30, 2024

To join, submit your wallet address via the form and participate in these steps:

  • Swap (2,000 MNT): Trade mETH/MNT or FBTC/mETH to share 2000 MNT, based on trading volume.
  • Perp (2,000 MNT): Open a position of 1 MNT or more to earn a share of 2000 MNT, based on PNL.
  • Feedback (up to 1,000 MNT): Share suggestions on Discord; if adopted, receive 50–1000 MNT.

INFINIT: A Game-Changer in DeFi Innovation

INIT Capital has launched INFINIT, a DeFi Abstraction Layer made for DeFi builders. INFINIT streamlines the development and scaling of decentralized protocols by offering customizable building blocks that handle backend operations, allowing developers to focus on innovation. With its three core modules — Intent, Abstraction, and Chain Interaction — INFINIT simplifies the deployment and scaling of protocols across multiple chains, eliminating the usual complexities of DeFi development.

INFINIT early access is now live! Users can now explore and build with three available dApp modules:

• Money Market Module. • DEX Module. • Token Module (ERC-20 tokens with airdrop distribution via Merkle).

To get involved and find out more, visit infinit.tech and follow their official X/Twitter so you don't miss any key updates!

Moe's Journey SZN4: 250,000 MNT for Stakers and Community

Merchant Moe's Hot MOE Summer is in full swing with Moe's Journey SZN4, offering 250,000 $MNT in rewards for stakers and community members. Participants can claim their share by staking MOE, voting with veMOE, and engaging in Weekly Bribes and MJT reward draws. Don't miss out — get involved now as SZN4 wraps up on Oct. 14, 2024, at 7PM UTC! For more information regarding the campaign, visit here.

Join Now

Stack Your Sats With Ethena

Sept. 2, 2024, marked the start of Season 3 of Ethena's Sats campaign, where users can accumulate points that can be redeemed for $ENA, Ethena’s governance token. Building on its early support of $ENA (including a $4.3M distribution in $ENA via Mantle Rewards Station), Mantle offers users various ways to earn Sats this season through ecosystem applications like Merchant Moe, Init Capital, and Pendle. Here's how:

  • Provide liquidity to Merchant Moe's incentivized mETH/USDe liquidity pools. Users can accrue 30x Sats for liquidity within ± 20% of the active price.
  • Deposit USDe on Init Capital to accumulate 20x Sats.
    • Users with a higher risk appetite, why not try your hand at USDe looping strategies where users can get 100x Sats.
  • Deposit USDe on Pendle to stack up 30x Sats. You have a couple of options here:
    • For the degens out there, you leverage your points exposure via YT USDe on Pendle. Along with YT USDe's leverage, Ethena provides an additional bonus multiplier. YT USDe will have 0 value at maturity. You can exit at any time at the current market price while retaining all points earned up until that moment.
    • Retain most of your points from USDe while earning USDe yields, $PENDLE incentives, and swap fees when you provide liquidity and receive LP USDe. You can exit at any time, and no additional staking is required.

Level Up With Mantle's Gaming dApps

Mantle’s Super Ecosystem is already thriving, and we’re building on that by expanding our presence in the gaming sector. These latest developments in our gaming dApps are only adding to the range of opportunities available to our community.

Catizen

CATI Airdrop Pass Season 1 is officially underway! Every 90 days, 1% of the total supply (10 million CATI) will be distributed to Airdrop Pass holders. Players in the Catizen ecosystem can earn their pass by completing tasks in the in-game task center, collecting points, and stacking up rewards. At the end of each quarter, players will be able to monitor their CATI token rewards in real-time, ensuring complete transparency and fairness. It’s an exciting time to be part of the Catizen army!

Play Catizen Now

Ember Sword

After a successful Beta 1 phase, the Ember Sword team has been hard at work, incorporating community feedback to revolutionize the MMORPG experience. They’ve even hinted at exciting new additions, including new maps and bosses, ahead of the second beta phase. Keep a close eye on their X/Twitter so you don’t miss the chance to be a part of their journey!

New Adventures Await: Upcoming Additions

Word on the grapevine is that October will bring a wave of exciting new gaming additions to Mantle Ecosystem. Here are some that we've announced so far:

  • Aria: A scalable RPG that looks to offer a refreshing take on gaming as a hybrid platform that combines the best of web2 gameplay with the power of web3 technology.
  • Blade of God X: A cross-platform AAA ARPG developed by Void Labs, Blade of God X integrates AI & blockchain for more dynamic gameplay. Rumour has it that there is up to $200,000 in rewards on offer as part of its 3rd playtest, so make sure you get involved.

Be sure to follow @0xMantleEco on X/Twitter for all things related to Mantle Ecosystem, and keep an eye on our blog for more details on these upcoming releases!

BONUS: Crown the Next Web3 Star and Earn Your Share of 1 Million $MNT With Bybit

Bybit has recently kicked off WSOT 2024, marking the 5th edition of the world’s largest annual crypto trading competition. This year’s event features an exciting spotlight on some of the most promising web3 projects. Participants can dive in, explore, and vote for their favorite projects. The top 10 projects will be selected, giving users the chance to win rewards through daily lucky draws and compete for a portion of the Grand Prize Pool.

The total prize pool for WSOT DEX Wave is 1,000,000 MNT and is split into the following:

  • Daily Prize Pool: 200,000 MNT is available through participating in daily lucky draws. Participants can enter the lucky draw after completing tasks for each project.
  • Grand Prize Pool: A total of 800,000 MNT will be distributed to users according to the projects they vote for and the amount of Voting Points they accumulate throughout the event.

Several dApps from Mantle Ecosystem are participating in the campaign, so be sure to show your support by voting for them and completing their daily tasks to win big.


Join the Community