Binance, the world's leading cryptocurrency exchange, has unveiled its 44th project on Binance Launchpool—Manta (MANTA), a revolutionary modular Layer 2 (L2) solution designed for ZK applications. The official webpage for MANTA is set to go live in approximately 5 hours, just ahead of its eagerly anticipated launch.

Taking Opportunities:

Commencing from January 16, 2024, at 00:00 (UTC), users will have the unique opportunity to stake their BNB and FDUSD on dedicated pools to participate in farming MANTA tokens.

Listing Date and Trading Pairs:

Upon the conclusion of the farming period, MANTA is scheduled to be listed on January 18, 2024, at 10:00 (UTC). The trading pairs will include MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY, with the Seed Tag assigned to MANTA.

Users who have previously received MA tokens on the platform will automatically be eligible for MANTA tokens at a 1:1 ratio.

MANTA Launchpool Highlights:

- Token Name: Manta (MANTA)

- Maximum Token Supply: 1,000,000,000 MANTA

- Launchpool Token Rewards: 30,000,000 MANTA (equivalent to 3% of the maximum supply)

Initial Circulating Supply: 251,000,000 MANTA (representing 25.1% of the maximum supply)

KYC Verification:

To participate in staking, users must undergo KYC verification. The hourly hard cap for users is set at 50,000 MANTA in the BNB pool and 12,500 MANTA in the FDUSD pool.

Support Pools and Rewards:

The staking pools include:

  • Stake BNB (webpage launching in approximately 5 hours) with 24,000,000 MANTA in rewards (80%)

  • Stake FDUSD (webpage launching in approximately 5 hours) with 6,000,000 MANTA in rewards (20%)

Farming Schedule:

Farming activities are scheduled to take place from January 16, 2024, at 00:00 (UTC) to January 17, 2024, at 23:59 (UTC). Daily rewards for the BNB and FDUSD pools during the farming period are set at 12,000,000 MANTA and 3,000,000 MANTA, respectively.

The introduction of MANTA on Binance Launchpool marks another significant step in the evolution of decentralized finance and the adoption of innovative Layer 2 solutions. Stay tuned for the official launch and the subsequent listing of MANTA on Binance.